Quote from: Impaler on November 27, 2013, 03:59:30 AM

Quote from: blablahblah on November 26, 2013, 11:27:27 AM

Provide a convincing cover story. You know that story about a fixed supply of 21 million coins? That fearful creator who disappeared? The highly convoluted decentralised and trust-free structure, the Bitcoin Rube Goldberg machine, because centralisation is evil? It's a stroke of genius from a marketing point of view (assuming it wasn't all a hilarious cosmic accident).
Whatever alternative you promote, like:
--demurrage or perpetual inflation
--some element of centrally planned spending that covers more than just network maintenance.
--smarter inflation that dis-empowers speculators,
or some balanced combination, you'll probably find that at best you'll get a lukewarm reception (think: polite clapping) from a small number of pragmatic, reasonable people who stumble upon your idea. But you won't gain traction unless you rally some religious fervour to give your cause a kick-start and also give it protective padding against growth pains. You really need to figure this out.

At Freicoin we hope to stir up some righteous fervor over Usury, it is after all the one sin condemned by Moses, Jesus, Mohammad and Buddha.

Impaler: How does demurrage affect interest on loans? It seems like there is built in incentive to lend due to the carrying cost of money. Could loans of 0% interest be mutually beneficial assuming the existence of collateral?