[ANN] [Bitcoin Saudi Arabia] - large mined reserved for Saudi Arabia Government

[Bitcoin Saudi Arabia]

One BIG problem of Bitcoin is: Governments don't like Bitcoin because they don't own it, not even significantly partially.

Bitcoin Saudi Arabia (BTCSA) provides part of an Excellent Solution to this problem by creating a new Bitcoin blockchain with large percentage of mined coins reserved for Saudi Arabia Government to claim without cost and hold.

Website: https://bitcoinsa.coinsgov.org
Explorer: https://bitcoinsa.explorerx.net

Twitter: https://twitter.com/BTCSA_coin

Full list of new Bitcoin based cryptocurrencies for other Governments is at: https://www.coinsgov.org  They are all now listed in the following supported Exchanges.

Listed Exchanges:

• AppleBit Exchange (mobile app: Apple Store and Google Play Store, website: https://www.applebit.net)
• More to come

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[terrorJR]

There is no white paper to read in details?
is it possible that the Saudi government regulates it in the blockchain ??

[Bowtiesarecool]

There is no white paper to read in details?
is it possible that the Saudi government regulates it in the blockchain ??

No, they don't.
These guys are riding on sentiment. See:

"by creating a new Bitcoin blockchain with major percentage of mined coins reserved for Saudi Arabia Government to claim and hold"

The operative words here are:
1. creating = It's their own thing
2. new bitcoin blockchain = fork of BTC
3. major percentage of mined coin = premined
4. reserved for Saudi Arabia government to claim and hold = offering it to the government for government to distribute or hoping the government will come in and take their "created by a native" crypto off their hands

[gold969]

    


     I understand you want to get to the market with this news? but the catch is that

  "News from the Saudi-Emirati Coordination Council revealed that the cross-border cryptocurrency will only be available to banks during the first stage"

          https://tokenmarket.net/news/markets/uae-saudi-arabia-launch-collaborative-cryptocurrency/

[Black Coffee]

but I am curious about the BTCSA, has the Saudi Arabia government made a statement regarding its support for the BTCSA?

[DENDOGODNED]

Could be worth something if they back it up with barrels of oil 

[Bowtiesarecool]

but I am curious about the BTCSA, has the Saudi Arabia government made a statement regarding its support for the BTCSA?

No, there's no support for it.
Let me put it this way; the developers are hoping the government apply and buy the premined from them: https://web.archive.org/web/20190126191918/https://bitcoinsa.coinsgov.org/

Wonder why any government will be inclined to do so when they can just commission their version easily

[sureshnsnet]

I have a question about Bitcoin Saudi Arabia coin price because there is no information about that and when it will going to hit exchange as per your update in the site.

[Bitcoin Saudi Arabia]

but I am curious about the BTCSA, has the Saudi Arabia government made a statement regarding its support for the BTCSA?

No, there's no support for it.
Let me put it this way; the developers are hoping the government apply and buy the premined from them: https://web.archive.org/web/20190126191918/https://bitcoinsa.coinsgov.org/
https://i.imgur.com/Bu4M9eC.png
Wonder why any government will be inclined to do so when they can just commission their version easily

The reserved coins are for Saudi Arabia government to claim with no cost.

[CryptoSDesigner]

Wallet link download not work , 404 Not Found

[CHILLI PAPPER]

CryptoSDesigner you are also pushing this project for you

[Bowtiesarecool]

but I am curious about the BTCSA, has the Saudi Arabia government made a statement regarding its support for the BTCSA?

No, there's no support for it.
Let me put it this way; the developers are hoping the government apply and buy the premined from them: https://web.archive.org/web/20190126191918/https://bitcoinsa.coinsgov.org/

Wonder why any government will be inclined to do so when they can just commission their version easily

The reserved coins are for Saudi Arabia government to claim with no cost.

Of course, but the government can just as well develop their own crypto at no cost too. However, that does not answer the most important question: Has the company remotely interested in your project? Do they even know that it exists?
Reason for these questions is obvious since you're asking the government to send you duly stamped and sealed application on your site, that means you've got no access inside

[pogadaev]

Hi, everybody. What algorithm does the coin have???