Quote from: yldouright on November 18, 2014, 05:06:17 PM

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username18333[:]

Quote from: username18333 on November 18, 2014, 07:00:07 AM

Money serves to regulate consumption and, thus, comprises failings thereabout.

Currency can not regulate consumption when it is unregulated. Where is your say in how much money is created to circulate? With the power to create currency in the hands of so few, all asset prices can be dictated and any asset can be controlled. The problem with central banks is one big part of all we need to address. President JFK was the last to try and Lincoln before him had partially succeeded with his greenbacks. Jackson was the only past leader to take them on and win. If his soul is bearing witness to the state of affairs today, he is suffering.

Quote from: username18333 on September 09, 2014, 09:37:04 PM

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Writcoin features Bitcoin hard-fork requests such as exclusive use of both pay-to-script-hash within all [non-data] transaction outputs and fixed-width, 64-bit unsigned integers in storing block time and a Dutch 320-bit cryptographic hash function, RTR0. Writcoin also features Proof-of-Wait (Proof-of-Work based on transaction tree Merkle roots instead of block header message digests) and automatic deficit spending (that is to say, a transactions output value may exceed its input value).

Writcoin requires coinbase transactions to have no inputs and only one, unspendable output; however, Writcoin accepts coinbase transactions that did not originate within a block. Writcoin also requires clients to proxy through Tor to connect to its imperial seed node and a standard C++ library with support for C++11.

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(Emphasis added.)

Writcoin allows the value of its transaction outputs to exceed their inputs. Writcoin, thus, democratizes money creation unto anarchy and places the keys to the kingdom within the hands of the kingdom itself.