[Freedombox-discuss] The Freedombox Economy
melvincarvalho at gmail.com
Sun Sep 25 09:07:35 UTC 2011
Just a crazy thought:
Why not create a bitcoin derivative and put it on the freedombox
(perhaps also with opentransactions as glue)
Now every Freedombox should come pre installed with a balance of 100
Initially the monetary value of each coin would be zero. However,
just like bitcoin ... as the network grows the utility value of the
coins increases, due to the network effect.
I remember back in the day bitcoin was worth one cent, which people
thought was a lot back then, and I was the first to predict it would
trade parity to the dollar. This took less than one year, as the
project gained momentum.
Now what becomes REALLY is when the value of the freedomcoin hits,
say, 20 cents.
At this point the value of the installed box could EXCEED the cost of
Surely the logical conclusion is that once we reach this tipping
point, we can give one free box (free as in beer) to everyone on the
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