Topic: [2015-08-24] Cryptocurrency program to be tested in a Greek island (Read 357 times)
Conclusion of Tests https://bitcointalksearch.org/topic/m.14515276
August 24, 2015, 01:09:57 PM
Is this a good or a bad thing?
Put the focus on crypto currencies but would have been a so much better if they just took up bitcoin.
At least it will be backed by gold. Not sure whether that is the right thing to do but guess it makes it already better than any fiat currency out there.
Put the focus on crypto currencies but would have been a so much better if they just took up bitcoin.
Quote
The citizens will be able to do transactions via Drachmae.Money and the users will have to pay a specified fee to use the service. All the fees will then be collected by the Nautiluscoin Stability Fund, which would use it to buy gold so as to back the currency.
At least it will be backed by gold. Not sure whether that is the right thing to do but guess it makes it already better than any fiat currency out there.
August 24, 2015, 12:14:56 PM
Greece has been under the weather for a long time but Agistri, a small Greek island widely considered to be a tourist haven, has been one of the hardest hit.
http://www.newsbtc.com/2015/08/24/cryptocurrency-program-to-be-tested-in-a-greek-island/
http://www.newsbtc.com/2015/08/24/cryptocurrency-program-to-be-tested-in-a-greek-island/
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