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Title: BitDollar is like beer without alcohol... Post by: bitpump on December 12, 2014, 01:57:38 PM "bitdollar = digital currency backed by the US dollar"
http://www.wired.com/2014/12/t-coin/ https://twitter.com/bitpump/status/543403723767418880 Title: Re: BitDollar is like beer without alcohol... Post by: bornil267645 on December 12, 2014, 02:03:28 PM If that's the case... I am pretty sure I won't like... I never liked bitcoin without a bit of alcohol.
Title: Re: BitDollar is like beer without alcohol... Post by: Bizmark13 on December 12, 2014, 05:30:57 PM For those who don't frequent the altcoin forums, it might be surprising to know that there already are decentralized and semi-decentralized cryptocurrencies and cryptosecurities out there which have tied their value to that of USD. None are officially backed by the government but instead use complex schemes to minimize volatility and maintain a consistent value.
All have worked pretty well so far. Examples include NuBits (Peercoin), BitUSD (BitSharesX), and CoinoUSD (NXT and Coinomat). Title: Re: BitDollar is like beer without alcohol... Post by: kilminukas on December 12, 2014, 05:35:49 PM what means backed with usd?
Title: Re: BitDollar is like beer without alcohol... Post by: botany on December 13, 2014, 08:34:27 AM "bitdollar = digital currency backed by the US dollar" http://www.wired.com/2014/12/t-coin/ https://twitter.com/bitpump/status/543403723767418880 You lose out the biggest advantage of Bitcoin - a fixed money supply and protection from inflation using this. You wont find bitcoin enthusiasts jumping with joy on seeing this. Title: Re: BitDollar is like beer without alcohol... Post by: start the art on December 13, 2014, 09:25:02 AM I expected it before.
It is easier to do this than to buy bitcoin on 350 usd :) Title: Re: BitDollar is like beer without alcohol... Post by: lihuajkl on December 13, 2014, 02:37:44 PM BitDollar is centralized digital currency and contradicts our pure cryptocurrency idea. It likes the relationship between Apple Pay and bitcoin. If BitDollar comes out, I believe it will be popular and adopted by existing dollar holders quickly!
Title: Re: BitDollar is like beer without alcohol... Post by: edward_cullen on December 13, 2014, 03:19:38 PM Already exists: https://nubits.com/
Title: Re: BitDollar is like beer without alcohol... Post by: oblivi on December 13, 2014, 03:54:44 PM what means backed with usd? It means is a scam. If you want to stay within the USD realm in a digital way just use credit cards lol. I agree with OP its like a cake without sugar or sex with condom. |