Bitcoin Forum

Other => Off-topic => Topic started by: favelle75 on September 19, 2013, 04:03:04 PM



Title: Royal Canadian Mint making a crypto?
Post by: favelle75 on September 19, 2013, 04:03:04 PM
WOW!

http://www.canada.com/Canadian+Mint+ready+test+digital+money+project/8931925/story.html


Title: Re: Royal Canadian Mint making a crypto?
Post by: Apraksin on September 19, 2013, 04:12:50 PM
Cryptocurrency centralized is still centralized.

"I have trust in the Canadian dollar, because it’s backed by something"

Heard it before.


Title: Re: Royal Canadian Mint making a crypto?
Post by: im3w1l on September 19, 2013, 05:06:38 PM
It will only work if you have a smartphone, article says. Why might this be? Because what they are making is a payment app. They are not even making a public api. (my speculation)


Title: Re: Royal Canadian Mint making a crypto?
Post by: 01BTC10 on September 19, 2013, 05:10:15 PM
Old news. (https://www.google.ca/search?q=site%3Abitcointalk.org+mintchip&client=ubuntu&channel=cs&oq=site%3Abitcointalk.org+mintchip&aqs=chrome.0.69i57j69i58.7333j0&sourceid=chrome&ie=UTF-8)


Title: Re: Royal Canadian Mint making a crypto?
Post by: freedomno1 on September 19, 2013, 05:11:35 PM
Mintchips are ancient  :D


Title: Re: Royal Canadian Mint making a crypto?
Post by: Fiyasko on September 19, 2013, 05:12:36 PM
It is old news.
As a Canadian Citizen I am here to state that I reject this idea a feel that it is a horrible one, it appears to be nothing more than a centralised bitcoin rip-off


Title: Re: Royal Canadian Mint making a crypto?
Post by: Lethn on September 19, 2013, 05:28:40 PM
I think most people who know anything about cryptocurrencies would agree that any cryptocoin made by a government would be pretty much like your average pre-mined coin except worse because they'd obviously take measures that would allow them to freeze peoples' clients and dictate where they can spend their money etc.