Freicoin is a decentralized, distributed, peer-to-peer electronic currency designed to address the grievances of the working class and re-align financial interests of the wealthy elite with the stability and well-being of the economy as a whole. Whereas inflationary currencies like the U.S. Dollar or Euro are controlled by central bankers under rules that intentionally or not benefit the establishment, Freicoin is completely decentralized and self-regulating, with a demurrage fee that ensures its circulation and bearers of the currency pay this fee automatically to those community members who contribute work to secure the currency.
Freicoin is an implementation of the accounting concept of a proof-of-work block chain used by Satoshi Nakamoto in the creation of Bitcoin. It includes a downloadable client for Mac OS X, Windows, and Linux, and an electronic network for transferring funds denominated in Freicoin world-wide. You can download, review and improve the code of this free software project on Github.
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