Read an article about it. Sorry, can't link it at the moment. Anyone read it as well? Thoughts?
Good day.
You are a stupid,I have no link to confirm it but from this act I am sure you are Good day.
Topic: Ecuadorean Virtual Currency? - page 2. (Read 1674 times)
legendary
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Well we were discussing it in politics as well but this is an economic topic by all means.
In my opinion three ways they can do it, they can go mintchip like the Canadians and try to make a digital currency that way, borrowing from the research they did before it was abandoned.
They can go bangla-pesa on it and go with mobile apps and money being stored that way and see how that goes, and then abandon the US dollar peg if it becomes widely successful for them in the country.
Or they could do something else with it entirely since its still shrouded in mystery, but a Central Bank controlled currency amuses me since their is no cap so how it works will be interesting to see, along with more details.
__
From politics thread
The new currency was approved, and stateless crypto-currencies such as Bitcoin simultaneously banned, by Ecuador's National Assembly last month.
That's socialism for you: ban what is free and open and make it closed and not free..
http://hosted.ap.org/dynamic/stories/L/LT_ECUADOR_DIGITAL_MONEY?SITE=AP&SECTION=HOME&TEMPLATE=DEFAULT&CTIME=2014-08-29-08-28-04
https://bitcointalksearch.org/topic/m.8591087
In my opinion three ways they can do it, they can go mintchip like the Canadians and try to make a digital currency that way, borrowing from the research they did before it was abandoned.
They can go bangla-pesa on it and go with mobile apps and money being stored that way and see how that goes, and then abandon the US dollar peg if it becomes widely successful for them in the country.
Or they could do something else with it entirely since its still shrouded in mystery, but a Central Bank controlled currency amuses me since their is no cap so how it works will be interesting to see, along with more details.
__
From politics thread
The new currency was approved, and stateless crypto-currencies such as Bitcoin simultaneously banned, by Ecuador's National Assembly last month.
That's socialism for you: ban what is free and open and make it closed and not free..
http://hosted.ap.org/dynamic/stories/L/LT_ECUADOR_DIGITAL_MONEY?SITE=AP&SECTION=HOME&TEMPLATE=DEFAULT&CTIME=2014-08-29-08-28-04
https://bitcointalksearch.org/topic/m.8591087
Read an article about it. Sorry, can't link it at the moment. Anyone read it as well? Thoughts?
Good day.
Good day.
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