wasiwasi12 retweeted
#Freicoin is one of the most underrated experiments in crypto and in many ways it tackles problems Bitcoin can’t or doesn’t want to touch in my opinion.
Here’s why the Freicoin design is still fascinating for me:
➕ Demurrage
Freicoin applies a small negative interest to idle coins. Sounds scary at first, but it solves a real problem: money should circulate, not sit in cold wallets forever. This pushes capital into productive use instead of endless hoarding
➕ Continuous funding for miners
Unlike Bitcoin, which relies on a subsidy that trends to zero, Freicoin redirects demurrage fees to miners. A long-term, self-sustaining security model... not dependent on unpredictable fee markets
➕ Stronger economic incentives
Demurrage encourages real economic activity: spending, lending, building, investing. Money becomes a tool not a trophy
➕ Fairer distribution & less plutocracy
Hoarding becomes costly. Influence comes from participation not passive accumulation
➕ Gesell-style monetary design
Inspired by Silvio Gesell, Freicoin blends crypto with an economic philosophy focused on velocity and economic health... something Bitcoin intentionally avoids
But there are also disadvantages:
➖ Psychological resistance
People hate the idea of “losing X%,” even if the system benefits. The term “negative interest” triggers strong emotional reactions many instantly associate it with state intervention, central-bank policy, or even “communism.” ...this makes it harder to communicate that Freicoin’s demurrage is fully algorithmic, decentralized, and not controlled by any authority. Optics matter
➖ Bitcoin culture is anti-demurrage
“Number go up” and “never sell” dominate crypto. Freicoin goes the opposite way
➖ Communication is harder
Explaining demurrage is more complex than explaining a fixed cap
➖ Store-of-value trade-off
If saving is your only goal, demurrage feels like a penalty
My personal note:
It honestly took me a long time to understand all this.
What really pushed me into researching Freicoin deeply was discovering the local Chiemgauer a regional currency from 2003, originally created as a student project, using the same principle of demurrage. That was the moment I realized how powerful (and misunderstood) this mechanism really is
So what do you think... do these advantages outweigh the trade-offs or is demurrage fundamentally incompatible with crypto? Curious to hear your view...
This is how “DEMOCRACY” works in Europe:
⛔️ 314 vote AGAINST mass surveillance.
✅ 276 vote FOR it.
MASS SURVEILLANCE WINS.
Then the same bureaucratic hypocrites travel the world lecturing everyone about democracy and their so-called “European values.”
WELCOME TO THE EUSSR.
🚨 EVERY EUROPEAN NEEDS TO KNOW THIS:
The European Union is turning into an anti-democratic surveillance apparatus.
In March, the European Parliament REJECTED the extension of “Chat Control.”
So what did Brussels do?
While everybody is distracted from the World Cup, they furtively brought it back through a rarely used procedure and are trying again.
The goal is to allow private communications to be scanned under a derogation from normal ePrivacy protections.
They’ll have access to your private messages and your photos. And, as always, mass surveillance is being sold to you under the banner of “safety.”
The EU bureaucrats do not trust you.
They urgently want the infrastructure to surveil you.
And when its own Parliament votes the wrong way, the bureaucratic and anti-democratic machine simply finds another procedure and tries again.
The European Union is not protecting democracy.
It is becoming its enemy. And almost all CONSERVATIVES members of the parliament voted in favor of this Orwellian plan.
And now imagine a combination of governmental surveillance AND Palantir. SCARY!!!!
SHARE THIS. Europeans deserve to know what Brussels is doing to their privacy.
wasiwasi12 retweeted
🇪🇺 Chat Control has passed 😔
They can and will now legally scan any person's messages, emails and photos you send without a warrant
The way they passed this law when the majority of the European Parliament was against it will shock you:
They waited until most EP members were on holiday so only a few were present and then created an "urgent" vote for it to pass it through
There's nothing democratic about any of it and big powerful forces are behind this that can manipulate the EU for whatever they want
Democracy in Europe died a bit today 😔
Replying to @gandalv7
Illegaler Geschäftsordnungstrick der Parlamentspräsidentin - Eilantrag, der die Qualifizierte Mehrheit (360 Stimmen) GEGEN die Chatkontrolle gebraucht hätte, an einem Tag, an dem nur knapp 600 MEPs vor Ort waren, wegen Urlaub etc…
wasiwasi12 retweeted
Replying to @patrickdusman @timoncc
This sound also legendary:
youtube.com/watch?v=qrQuR1LH…
wasiwasi12 retweeted
Four day Easter weekend in the UK. Getting started on Feathercoin 0.21 to add Taproot. Feathercoin has a bit of catching up to do. I''ll post running updates on Telegram.
t.me/FeathercoinOfficial
#Feathercoin #FTC #Bitcoin #BTC
wasiwasi12 retweeted
Wer 5,5 Stunden pro Monat in Deutschland arbeitet, bekommt Kindergeld (255€ monatlich) überwiesen - auch ins Ausland, ohne Angleichung an die Kaufkraft.
In Bulgarien ist das Geld dann fast drei Mal so viel wert wie hier.
Lanz, 14.10.2025, ZDF
wasiwasi12 retweeted
Who is Bitcoin Core's largest contributor?
Chaincode Labs.
Balaji Srinivasan, co-founder of Palintir, and one of Citrea 's founders, funneled $500,000 through Chaincode Labs to spur development.
In return, Bitcoin Core has identified Citrea as the Schelling point for the removal of OPRETURN limits.
Who is behind Citrea?
People like Eric Wall aka Taproot Wizards. Jameson Lopp. Peter Thiel. Mike Novagratz (remember Luna?), Erik Vorhees, and a numerous cast of Bitcoin Maxis (JK, no Bitcoin Maxis here).
What does Citrea want to do?
Create an Ethereum Virtual Machine with Ethereum like smart contract using ZK rollups.
I'm glad Core is so committed to building on Bitcoin.
wasiwasi12 retweeted
Dear LBRYians,
We updated our protocol page again. For some however, those protocols may seem too abstract, and building new software from scratch can feel daunting. Fortunately, contributing to LBRY doesn't require starting from zero; you can leverage the software that is already available. Curious about how to get started? Check out our new tutorials at lbry.tech/tutorials. Stay tuned for more updates!
Ben
CTO at The LBRY Foundation
wasiwasi12 retweeted
It's the perfect time for LBRY.com corporate to open back up. 🚀
wasiwasi12 retweeted
Dear LBRYians,
It has taken a while, but today we added the protocol page on LBRY.tech: lbry.tech/protocols. This page contains a list of LBRY protocols that have been recently documented. More protocols to follow soon. We would like to encourage you to take a look, give feedback, but most importantly, build amazing new software with it.
Stay tuned for more.
Ben
CTO at The LBRY Foundation
wasiwasi12 retweeted
Imagine Odysee in court with secondary users of a solid blockchain with a good reputation called #Lbry 🤔
wasiwasi12 retweeted
I've now configured the CauseVox fundraising site to accept three types of LBRY donations...
1. General Resurrection Fund - one time donations
2. General Resurrection Fund - automated monthly donations
3. Specific Projects - one time donations (paused for now)
I'll keep the 'Specific project donations' section hidden for now, because we haven't yet formalized any specific cost/delivery arrangements.
IMPORTANT NOTE: the CauseVox donation form will attempt to convince you to donate 15% to CauseVox as their fee. This is NOT MANDATORY. The fee can be adjusted to any amount INCLUDING ZERO if you wish. 90+% of donors select zero.
lbry-fundraiser.causevox.com…
wasiwasi12 retweeted
Replying to @LBRYcom
wasiwasi12 retweeted
LBRY was run out of business... for going in in good faith and asking for guidance. Biggest mistake of that CEO's life was trusting the SEC, his own government. It's insanity.
wasiwasi12 retweeted
Please support the future of media content ownership. We, the people of the world, @LBRYcom @Davincij15 @carlmoon
The $150k LBRY Foundation Fundraiser is up. Please share it to your followers and contribute if you can!
lbry-fundraiser.causevox.com…



























