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Title: [2014-04-06] Scotland’s Search for a Reliable Currency, Scotcoin? Post by: Ripdon007 on April 06, 2014, 07:29:38 PM who else thinks this is not gonna work?...
https://coinreport.net/scotland-scotcoin-currency-bitcoin/ Title: Re: [2014-04-06] Scotland’s Search for a Reliable Currency, Scotcoin? Post by: kjlimo on April 06, 2014, 08:29:02 PM The good news is that more people will realize how bitcoin succeeds when this fails... as long as someone is there to explain when Scotcoin goes wrong and why bitcoin doesn't have it's flaw...
Title: Re: [2014-04-06] Scotland’s Search for a Reliable Currency, Scotcoin? Post by: bryant.coleman on April 07, 2014, 06:47:44 AM First of all indications are that the Scottish independence referendum will fail. So the UKP will remain as Scotland's currency.
Title: Re: [2014-04-06] Scotland’s Search for a Reliable Currency, Scotcoin? Post by: Ryan-Coinpal on April 08, 2014, 06:12:23 AM who else thinks this is not gonna work?... https://coinreport.net/scotland-scotcoin-currency-bitcoin/ I am Scottish, and I had said from the beginning of the independance debate that Scotland did need it's own currency; thats what we have bitcoin. When a whole country needs relibility in a currency you just don't throw together a new alt-coin and think it'll be okay. How many Scots know anything about Bitcoin? Not many, everyone seems to think I work on wall street or something, only a small handful of people I explain it to understand, they still class it as an investment which in away it still currently is. Bitcoin or any alt-coin isn't stable enough to be a currency for a whole nation yet. Scotland shouldn't go independent; one day, yeah they should but we are far from ready. It's like a pissing match between the likes of Salmand and David Cameron, they should get these useless politicians out of parliment and find people who actually have a brain. Title: Re: [2014-04-06] Scotland’s Search for a Reliable Currency, Scotcoin? Post by: hilariousandco on April 08, 2014, 07:45:38 AM Already posted https://bitcointalk.org/index.php?topic=559346.0
Title: Re: [2014-04-06] Scotland’s Search for a Reliable Currency, Scotcoin? Post by: meawleir21 on April 09, 2014, 05:04:32 AM I don't think will work, virtual currencies for life-use won't be working very much (imagine waiting in a store for a minimum of 5-30 mins for paying your shopping's)
Title: Re: [2014-04-06] Scotland’s Search for a Reliable Currency, Scotcoin? Post by: bryant.coleman on April 09, 2014, 06:52:06 AM I am Scottish, and I had said from the beginning of the independance debate that Scotland did need it's own currency; thats what we have bitcoin. I don't think that Bitcoin will completely replace fiat anytime in the near future. Because if any country tries to make BTC as the official currency, then it will have huge problems in the Forex sector. Title: Re: [2014-04-06] Scotland’s Search for a Reliable Currency, Scotcoin? Post by: Lethn on April 09, 2014, 07:44:58 AM I'm surprised anybody in Scottish politics knew what cryptocurrencies even were, it could actually work really well to their advantage if they do use it, what I would do is I would have this I presume clonecoin and then I'd have silver/gold as the physical version, since they're a government and they have a real banking system it could actually work if they backed it properly.
.... Maybe I need to drive up there and explain all this to them lol :P |