Re:How Dogecoin changed my perspective on cryptocurrency
by knapp on Saturday December 21, 2013 @06:36PM
(#6948566)
> If you could somehow decay the value of held currency to encourage spending directly
Freicoin has a demurrage fee, based on the theories of Silvio Gesell:
Re:How Dogecoin changed my perspective on cryptocurrency
by edwardio on Saturday December 21, 2013 @08:27PM
(#6948902)
Looking at http://en.wikipedia.org/wiki/List_of_radioactive_isotopes_by..., californium-253 has a nice 17 day half-life. I propose we make this our new value of currency.
Re:How Dogecoin changed my perspective on cryptocurrency
by yesbabyyes on Saturday December 21, 2013 @07:04PM
(#6948677)
That reminds me of a suggestion by Charles Eisenstein in his book Sacred Economics - decaying currency, along with zero or negative interest. It would be interesting to see such a "funcoin"! It might not even have to decay that fast to fend off speculators.
Yeah that might work. If you could somehow decay the value of held currency to encourage spending directly that would be even better though I can't imagine it being feasible.