PettaMiner.com Bitcoin & Money

A happy moment!

So there was a conversation on the #mises freenode IRC channel and one of the people said that they liked freicoin, a bitcoin variant where saved money "leaks" to the miners. This ensued:
14:33 < Liebknecht> I really like freicoin
14:34 < Liebknecht> since it features demurrage
14:35 < woddy`> freicoin?
14:35 < woddy`> ah I get it
14:35 < weebles> dogecoin biotches! gang signs
14:35 < woddy`> that silly Freigeld idea
14:35 < woddy`> negative interest rate
14:35 < woddy`> total crap
14:35 < woddy`> if I want engative interest rate
14:35 < woddy`> I can use $
14:35 < woddy`> xD
14:35 < weebles> heh
14:35 < woddy`> (inflation adjusted)
14:37 < Liebknecht> The dollar isn't decentralized
14:37 < Liebknecht> ;)
14:37 < woddy`> Liebknecht: losing my money decentraliezd
14:37 < woddy`> doesn't make it better
14:37 < woddy`> xD
14:38 < woddy`> a freigeld would basically be a disincentive to investment
14:38 < woddy`> and further aid shifting resources to consumption
14:38 < woddy`> a.k.a.shorttermism
14:38 < FooQuuxman> but stimulus!
14:38 < Liebknecht> That's the idea
14:38 < woddy`> as a german I disapprove
14:38 < woddy`> Liebknecht: you are homosexual?
14:38 < woddy`> so to speak
14:38 < Liebknecht> woddy`, no, I'm not
14:38 < Liebknecht> woddy`, why do you ask? :P
14:38 < woddy`> you want the children and grandchildren generation
14:38 < woddy`> to live in a far more shitty world
14:38 < woddy`> than otherwise?
14:38 < woddy`> by reducing long term investment
14:38 < Liebknecht> No, I want them to live in a better world
14:39 < Liebknecht> Oh
14:39 < Liebknecht> ..shit
14:39 < Liebknecht> You're right
14:39 < Liebknecht> I like long term investments
14:39 < Liebknecht> It's the short term shareholder capitalism that I dislike!
14:39 < FooQuuxman> You are enlightend
It is always good to see someone realize an error and correct it.
submitted by FooQuuxman to Anarcho_Capitalism [link] [comments]

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