Are you from Philippines government?
Very happy to see epeso will be launched on Viacoin/XCH platform 
Topic: [ANN][EPESO] - E-Peso Initiative | Philippine Government-backed - page 15. (Read 69330 times)
October 24, 2014, 10:19:13 AM
Are you from Philippines government?
Very happy to see epeso will be launched on Viacoin/XCH platform October 24, 2014, 10:12:45 AM
"centralized/decentralized"
Centralized as in the Phillipino government gets to control the supply and make changes to it as it sees fit...
Decentralized as in the Phillipino government wants to do so without cost to itself, instead getting "the network" to support itself.
So basically, all the risks of a central-banked federal currency but costs borne by whoever is willing to mine it, Phillipino or otherwise? How will you make this attractive enough for people to mine considering the drawback of federal centralization?
The costs of rewarding those who secure the network must be significantly lower than the costs to print physical money in order for this to pass a cost-benefit analysis. There is increased security risk to the network due to bad actors who stand to gain control of the government or its financial authority if they successfully attack the cryptocurrency.
Centralized as in the Phillipino government gets to control the supply and make changes to it as it sees fit...
Decentralized as in the Phillipino government wants to do so without cost to itself, instead getting "the network" to support itself.
So basically, all the risks of a central-banked federal currency but costs borne by whoever is willing to mine it, Phillipino or otherwise? How will you make this attractive enough for people to mine considering the drawback of federal centralization?
The costs of rewarding those who secure the network must be significantly lower than the costs to print physical money in order for this to pass a cost-benefit analysis. There is increased security risk to the network due to bad actors who stand to gain control of the government or its financial authority if they successfully attack the cryptocurrency.
Since it's government money, it will make changes to it as it sees fit. The government might consider helping to secure the backbone currency: Viacoin. I'm surprised you're asking the above questions since you seem well-versed in crypto technologies.
We don't see a government-backed currency as risky since 100 million Filipinos are using one. It seems Bitcoin is more risky since it looks like only traders use it. The Viacoin ecosystem has its own purpose and rewards. Miners should look to it rather than E-Peso. If Viacoin fails, E-Peso fails along with other assets/coins riding on its blockchain. But we're investing in the future.
Viacoin will be huge 
October 24, 2014, 09:31:01 AM
Great discussions going on in here! I think EPESO can become a huge success 
October 24, 2014, 09:10:32 AM
I wish you good luck.
October 24, 2014, 08:33:10 AM
PM sent... Mabuhay to all my fellow pinoys..
October 24, 2014, 07:55:24 AM
Interesting Idea, Best of luck with it
October 24, 2014, 06:46:18 AM
happy to see free coins, i applied
October 24, 2014, 06:02:34 AM
PM Sent
October 24, 2014, 05:42:32 AM
I hope that it will succeed one day
October 24, 2014, 05:40:29 AM
This seems like a very interesting project. A government backed cryptocurrency sounds good.
October 24, 2014, 05:40:06 AM
Best of luck for this project!
October 24, 2014, 05:17:09 AM
very interested, I will join in .
October 24, 2014, 03:25:50 AM
Nice to see the project has realized the importance of speed and value of Clearinghouse.
yes, they did their homework.
edit: I will promote you via twitter and in my signiture because this is a clear sign how advanced viacoin/clearinghouse is.
October 24, 2014, 01:36:19 AM
Nice to see the project has realized the importance of speed and value of Clearinghouse.
October 23, 2014, 11:14:26 PM
I will apply for the free distribution
October 23, 2014, 11:13:04 PM
Just created E-Peso Official FanPage. https://www.facebook.com/ePesoOfficial
Also I'm promoting this page for more Facebook likes!
Also I'm promoting this page for more Facebook likes!
October 23, 2014, 09:58:25 PM
Will check this one out.
Thanks
Thanks
October 23, 2014, 06:09:42 PM
I'll be back to distribute again. Gonna eat and sleep. You know what to do.
October 23, 2014, 05:58:18 PM
ePesos received! Thanks and good luck!
October 23, 2014, 04:55:33 PM
Got ePesos. Good luck with your experiment.
Jump to: