What is the first concept of Wikimoney?

The Wikimoney concept emerged in the Wikimedia community in 2003 to encourage contributors to perform certain tasks. His goal was to create an efficient system for prioritizing tasks and directing the community towards effective contributions. This system was reserved for active contributors with sufficient seniority.

What is a physical cryptocurrency?

All experiments with digital currencies based on physical stocks of gold or silver have failed and been banned: e-gold (1996), e-bullion (2008), Liberty dollar (2009), liberty reserve (2011) and physical bitcoins (2018). The current emergence of cryptocurrencies executing smart contracts makes it possible to consider a decentralization of the stocks of precious metal coins. It should be noted that financial regulations have eliminated almost all companies issuing cryptocurrencies on physical media in the world since 2018.

Is Wikimoney anonymous?

Physical money is the oldest anonymous currency ; thanks to Mimblewimble, litecoin seem be likened to a new tax haven open to all.

What is a cost of Wikimoney?

Digital information has a zero or negligible marginal cost of production. The value of software, content or digital currency therefore depends on its artificial scarcity. Like copyleft, which uses copyright to enforce the reuse of a free license, our first goal is to remonetize old silver coin currencies.

An issue premium rewards the proof of work corresponding to a double "mining": the minting of the countermark and the digitization of the NFT corresponding to the title deed of the countermarked coin.

Is it legal to destroy money?

Contrary to popular belief, burning a banknote is not illegal. The french law punishing the destruction of a note dates back to 1810, but was repealed completely in 1994. It is therefore not illegal to destroy or modify a coin.