Freicoin: a peer-to-peer digital currency delivering freedom from usury Freicoin is a P2P currency based on Bitcoin. Unlike Bitcoin, Freicoin has a demurrage fee that ensures its circulation and bearers of the currency pay this fee automatically. This demurrage fee was proposed by Silvio Gesell to eliminate the privileged position held by money compared with capital goods, which is the underlying cause of the boom/bust business cycle and the entrenchment of the financial elite, and has been tested several times with positive results. (The price of Freicoin is $0.01919)
The price of Freicoin is currently $0.019190
1 hour % | 12 hour % | 24 hour % | 7d % | 30d % | 1y % |
---|---|---|---|---|---|
BTC 0% USD 0.23% ETH 0.55% |
BTC 0% USD 2.31% ETH 2.85% |
BTC 0% USD -0.25% ETH 0.23% |
BTC 0% USD 3.47% ETH 6.51% |
BTC 22.58% USD 62.14% ETH 66.85% |
BTC 0% USD 454.66% ETH -18.63% |
The all time high price of Freicoin was $0.0196781 on 2021-01-05 00:47:21
Development Status: | Working product |
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Proof Type: | Proof of Work |
Hash Algorithm: | SHA256 |
Hardware Wallet: | No |
Circulating Supply: 56,843,159 FRC
Beta Value: 0.561