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Author Topic: 2013-02-18 ft.com Why central banks should take charge of their digital currency  (Read 1053 times)
World
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February 18, 2013, 03:55:29 PM
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From Bitcoin to M-pesa, Square, Paypal, Dwolla and Ven (to name just a few) … the number of new concepts is piling up.
Source:Why central banks should take charge of their digital currencies

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February 25, 2013, 04:56:15 PM
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From Bitcoin to M-pesa, Square, Paypal, Dwolla and Ven (to name just a few) … the number of new concepts is piling up.
Source:Why central banks should take charge of their digital currencies

All central bank issued currencies are already a digitial currency of its own already.
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February 25, 2013, 05:10:53 PM
 #3

This article has a link to an interesting company: http://mobino.com/mobino-for-everyone/
It seems to be a competitor to Ripple.
Can someone familiar with mobino give some comments?
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February 25, 2013, 05:48:52 PM
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Just from a quick readthrough of their site it seems to be a bog standard mobile e-money company. Their backing account is with SwissPost and they charge a 1% fee to "merchants", though they also say person to person transfers are OK, so presumably they have a way to distinguish merchants from regular users. They're currently in the process of become a regulated money transmitter.

I don't see anything new here. It's basically a small Swiss PayPal.
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February 25, 2013, 07:49:19 PM
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Lol, another paypal.

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Yet, when Groff talks about digitising money, he doesn’t mean it in the M-pesa or Bitcoin sense. What he wants is a fully democratised,

He wants easily corruptible mob rule?
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[...] honest

These SHA-256 don't lie...
Quote
[...] and harmonised

What the %$!@^& does that even mean, with respect to currency? Glitterwords?
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digital currency structure. One that works with the government, not against it, whilst all the time empowering citizens.

Yes because we want to work with the governments to help them kill people in other countries for oil dollars. Great concept. Where's his white paper

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And that, by and large, means blowing the whistle on what’s really going on behind the scenes with many of the existing platforms. Yes, yes… Groff has an interest in rubbishing his competitors. These payment platforms and currencies, he notes, are not always what they seem.

Spreading lies about your competitors, yes, of course. Well in his defense, some of the alt-coins are scams, and all of the centralized corruptible currencies (like the one he's designing) are inherently corruptible, oh, and centralized.

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But what we were taken with was his transparent approach to what’s going on in the business behind the scenes.
Well, is it completely open source, P2P, and non-corruptible by any government body? It must be easy to impress these loons.
So this guy
1) made another paypal
2) talk about how other payment systems are corrupt but oh not his
3) make false implication that P2P systems that can't be corrupted by oil dictatorships are shady and have "stuff going on behind the scenes i.e. GENERATE MAINSTREAM APPEAL
4) ...
5) Profit I don't think he's actually going to profit from this seeing as there are already a dozen little centralized paypal-wannabes trying to compete for market space.
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February 25, 2013, 08:21:55 PM
 #6

This article has a link to an interesting company: http://mobino.com/mobino-for-everyone/
It seems to be a competitor to Ripple.
Can someone familiar with mobino give some comments?
here is video how it works
http://armdevices.net/2013/02/07/mobino-mobile-payments-system/

Supporting people with beautiful creative ideas. Bitcoin is because of the developers,exchanges,merchants,miners,investors,users,machines and blockchain technologies work together.
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