Ecuador Digital Currency | Bitcointalksearch.org

EvilDave

hero member

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Mintchips issues are very obvious, though:

Closed source, hardware reliant, centralised, controlled by a central bank.

Not really crypto as we know it, Jim.

joe 90

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Quote from: remotemass on July 31, 2014, 01:06:06 PM

Quote from: joe 90 on July 31, 2014, 12:51:09 PM

I never heard of Canada's dollar-backed MintChip. What is it?

http://bitcoinmagazine.com/776/the-mintchip-the-canadian-governments-answer-to-bitcoin/

Thanks, the article says it's not as secure as bitcoin, but it looks very interesting.

remotemass

legendary

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ASMR El Salvador

Quote from: joe 90 on July 31, 2014, 12:51:09 PM

I never heard of Canada's dollar-backed MintChip. What is it?

http://bitcoinmagazine.com/776/the-mintchip-the-canadian-governments-answer-to-bitcoin/

joe 90

member

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I never heard of Canada's dollar-backed MintChip. What is it?

odolvlobo

legendary

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I applaud Ecuador's rejection of the dollar hegemony, but ecuatorianos should be aware of their government's true goal -- the ability to go deep into debt and never have to repay it.

Anyway, Ecuador's digital currency will have more in common with the U.S. dollar and Canada's dollar-backed MintChip than with Bitcoin.

cbeast

donator

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Let's talk governance, lipstick, and pigs.

It would make it easier to buy bitcoins.

CryptoCurrencyInc.com

sr. member

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Ecuador Digital Currency
http://www.cryptocoinsnews.com/news/ecuador-first-nation-create-digital-currency/2014/07/31

any thoughts?

Topic: Ecuador Digital Currency (Read 644 times)