Re: A Resource Based Economy by
on
10/12/2015, 16:37:53 UTC Money That Rots - Freicoin & Demurrage
Sylvio Gesell's idea from a hundred years ago has been tested with success, then it was shut down by the Austrian government. One modern rendition of the idea is Freicoin based on Bitcoin, but with demurrage (i.e. rotting). Its one of the most compelling ideas ever in economics.
https://www.youtube.com/watch?v=XWQbN40XypI