Post
Topic
Board Altcoins (Deutsch)
Re: [DeM] Deutsche eMark - ein deutscher Cryptocoin - SHA256,POS&POW
by
Narja
on 16/10/2014, 15:08:41 UTC
Why should you receive stake (belohnung oder rente) for coins you keep in your pocket? Huh

When you put euro's or any other fiat currency in a bank account the bank gives you a reward / compensation in return because they use your money to make them more money. I don't see any - and I mean any - reason to reward or compensate coin holders. If you lend them to someone else one could expect and receive a compensation in return. This is already the case for ages and works perfectly fine. Why staking (creating free coins) without a reason?

Staking also brings about people to hold their coins. On the contrary, Freicoin uses a demurrage mechanism probably to encourage people to use their coins. Something currencies are meant for. There's a saying that 'coins need to roll' and I think that's more than true.   Wink