@lophie, Ok. Let me know.
BTW, who's interested in a new PH coin? To be "air dropped" to anyone in the Philippines who can show a valid ID, NBI clearance, LTO driver's license, SSS/GSIS Multi-purpose Unified ID, Firearm license, NSO certified birth certificate, etc? (Foreigners who are staying in the country may be eligible, by showing proof of residency, passport, alien registration or similar.)
We don't want people to get coins for "free", so we make them work for it, and request original copies of documents, very hard to fake. My personal experience, because I am in the military, is that, one day of work can get me all of the following: NBI Clearance, Local Police Clearance, Barangay Clearance, Court/Prosecutor's Clearances, and AFP Intel (G2) Clearance.
If you buy a gun in the Philippines, you would need most of the above: Court Clearance: RTC & MTC and/or the Sandiganbayan, Neuro-psychiatric clearance, Drug Test, Gun Safety Seminar, National Police Clearance; (DI Clearance).
Specs, name of coin, up in the air, open to suggestions. And if there's no interest, no coin. Also, if no one else is willing to work on this (verifying citizenship or other proof is going to be some work), maybe it shouldn't be started as it will probably die anyway.
I just thought of it because of all these new country coins.
In other words, I'm just talking out loud.
Just talking out loud too...
How do you plan on going about this? Do you have ties to the government? What are your thoughts long term?
I'm down with having a PHcoin, but would love to know what the main idea behind it is... Are we aiming for a replacement of the Peso? Or an alternative? A companion currency? Just thinking what role banks will be playing here since last I heard, PNB doesnt want to do anything with crypto... Or was it just bitcoin? Should it be helping the poor? Or will it just make the rich richer as usual? I think there should be a limit of how much you airdrop somebody based on their income. I personally don't like the idea of giving more money to rich people. But then again, I dont like giving too much money to poor people because they tend to get spoiled. Dont get me wrong, I give to poor people; the old men playing the guitar on bridges mostly, because they have EFFORT, not the street kids who just say "kuya penge pera"...
Scrypt or SHA256?
Premined? 7107million (or billion) coins sounds kinda cool... Yes like the festival, like the number of islands...
I'd love to help with any motion graphics needs too, And other graphic promotional materials... PM me if ever..
I'm heading back to LA tonight, can PHcoin be airdropped for OFWs and other Filipinos not residing in the PH?
I think its a good idea and could get mass adoption quicker than other countries, because for one thing, Filipinos like trends. Would also be safer in terms of thieves aka Napoles... Good luck hiding corruption in the blockchain (or sidechain when the time comes!?)...
Overall sounds interesting, but needs a lot of thinking through... Buying redhorse with crypto sounds amazing.