*I wholeheartedly agree with you Richard.

*
2012/6/28 Poor Richard <[email protected]>

> What do I not understand about demurage--how is not equivalent to a flat
> tax except that it doesn't go to the public treasury where it might do some
> good? Doesn't it discourage workers from saving at the same time it
> discourages the rich from hoarding? Doesn't inflation already cause US
> dollars to gradually evaporate? I don't see how demurage helps redistribute
> wealth downward like a progressive tax does.
>
> I don't get it.
>
> Richard
>
> Message: 1
>
>> Date: Thu, 28 Jun 2012 14:58:32 +0900
>> From: Kevin Flanagan <[email protected]>
>> Subject: [P2P-F] Blog Post - Freicoin - Bitcoin with Demurage
>> To: P2P Foundation mailing list <[email protected]>
>> Message-ID:
>>        <CACpSwUfysbB4bgzgqW4jSMpT=m=
>> [email protected]>
>> Content-Type: text/plain; charset="iso-8859-1"
>>
>> Hi,
>>
>> Check this out Freicoin - Bitcoin with Demurage
>> http://www.indiegogo.com/freicoin
>>
>> I wrote a blog post on this dated for the 4th but I'm having problems
>> uploading an image to wordpress. Any idea whats up??
>>
>> Kevin
>>
>
>  (...)
>
> End of P2P-Foundation Digest, Vol 18, Issue 19
>> **********************************************
>>
>
>
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-- 


Sincerely yours,

     Apostolis Xekoukoulotakis
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