The whole premise upon which Freicoin is based, that "hoarding" is somehow bad (we prefer to call it "saving") is flawed. It springs from the Marxist school of thought that is against the concentration of wealth in the hands of anyone, even if the that concentration came about by providing goods and services that people want.
Although I have not studied it for more than 30 seconds just now, I would say the Freicoin is a fairly decent example of trying to hammer a square peg into a round hole and ending up with splinters for one's efforts. That is because any Satoshi-style distributed crypto-currency is simply a shitty way to do an
exchange currency if one values scalability or privacy.
There are actually a lot of really interesting concepts floating around and I am sure that we'll see some decent implementations over time. I'll bet that those which can break themselves free of the 'Satoshi-orthodoxy' frame of reference will be among those which gain the most traction. Not that there is/was anything wrong with Bitcoin which is obviously quite brilliant, but more because the problem-set addressed by 'money' is broad and trying to cover all use-cases with a single solution is kinda silly absent a really good reason to attempt it.