Quote from: herzmeister on April 02, 2013, 12:08:35 AM

Quote from: AnonyMint on April 01, 2013, 10:46:34 PM

The only required fix is to not stop making new coins.

Have you looked at Freicoin?

Yes I read the older discussion in the forum between the creator of Freicon and the person proposing Stablecoin. One uses demurrage which is basically a storage fee, and the other proposes a system-wide transaction fee. As I understand, both of these system varying the fees.

But I am not sure if they give those fees to the miners?

The system-wide transaction fee can be subverted, the cartel can send refund transactions.

If I remember correctly, the Freicon only charges demurrage on each transaction, so again it can be subverted.

So I am not sure if those systems address the cartelization attack vector.

Also Freicon's website is designed for PhD in economics, not for mass adoption.

Remember I created CoolPage drag+drop WYSIWYG web creation software for dummies in 1998 for Yahoo Geocities free hosting, Fortune City free hosting, etc. before friendster existed. I had a million users.

I create products for the mainstream. I know how to create user friendly products.

CoolPage.com has not been updated for 11 years. Sales just recently trickled to 0.

Quote from: herzmeister on April 02, 2013, 12:08:35 AM

Quote from: Jubalong on April 01, 2013, 11:39:33 PM

Something where value is generated corresponding to real physical value (like human work or a product.)

Have you looked at Ripple?

I am against money born as debt as the M0 base of the monetary system. What ever anyone wants to build on top with fractional reserve is fine, but it is not what I am working on.