[ANN][ISR] Isracoin - The Israeli cryptocurrency

[IsraelCoin]

Speaking of work...
We expect to release our Local Isracoin system for beta either today/tomorrow most likely.
It will be included in our media efforts as we want to help people trade Isracoin using Israeli Fiat as well.

[rnevet]

sorry but again this is not the main issue, the main issue is the misleading of the Israeli bitcoin community after the 6 founders (most of them from the Israeli bitcoin community) together agreed to make a multi sig and than after a month Dan refuses and lost the trust of the team.

Hi Everyone,
I'm one of the developers of Isracoin and I'm pretty sick of this "israeli" guy spreading lies all over trying to promote a thing that doesn't exists and probably won't either called "israbit" by discrediting other peoples hard work .

There were never 6 founders, at most there were 3 founder when you take the people that actually founded the project including Dan and Me. Other people have taken part in discussions here and there, but mostly didn't do major work. So saying "6 founders (most of them from the Israeli bitcoin community)" is just a plain simple LIE #1.  

As for the multisig issue, there is a general agreement that we want to do a multisig. but at the current point of time the technology for this solution isn't ready and it's just not possible. Saying Dan agreed and refuses is Lie #2.  Dan agreed that we need to find a good solution in order to decentralize the premine holding and we are working on it.

second phase was a colossal fail

 I think "israeli" is talking about the first phase, the business distribution, there are some reasons why this phase hasn't taken off and the main one is that it was sabotaged by the pearson that was supposed to do the PR for Isracoin, Amnon who actually threatened Dan and Me that we shouldn't go public with it or he'll start discrediting the project (which is what he is doing in the end), all because we didn't agree to all kind of extortions that he was trying to pull (he wanted power and a crazy personal contract).
A second reason for phase 1 delay is that we are working on creating an organization to support the businesses in the process of adopting ISR in their businesses. This is taking more time because of bureaucracy, but once this organization is established we can better support phase 1.

Now when phase 2 started and we'll get some new PR we can continue with the registration of businesses, we already see a rise in the business registration since yesterday, we aren't talking thousands but more than a 100 businesses (a similar number to the businesses accepting bitcoin in Israel) have registered and this is without us  doing any promotion - this is in any case a long term process , because of the logistics.

[porn0f1sh]

I already sent a pm on the Israeli forum but just in case I'll mention it here: feel free to contact me if you're short on staff! Everything from programming to spreading fliers face to face

[yossik]

Wawwoooo!
Now the shit hits the fan
Regardless, I'm a Isracoin believer and wish you good luck - your success is mine too.
What I do not like is throwing garbage at each other.
There is room for many virtual coins in Israel
25 billion shekels in the gray/black/white market that is waiting for you (Isracoin and Israbit)
The problem is marketing and ease of use.
Come-up with a solution and every one will be a winner.
I do not give a shit what is your profit as long as I can use it like shekels or a credit card.

And if I may add another comment regarding phase II airdrop
The verification process via Facebook is a joke.
I'll never disclose my info for 1$ - give me a break  

[IsraelCoin]

I already sent a pm on the Israeli forum but just in case I'll mention it here: feel free to contact me if you're short on staff! Everything from programming to spreading fliers face to face

We'd love to get you on board helping the project! (no PM seems to have arrived in the forum though, so you can reach out via skype Isracoin or email isracoin@isracoin.org)

Anyone who believes they can help Isracoin grow, in Israel or elsewhere, is more than welcome.

[sejwan]

Yes! Good job keeping us in the loop, I will continue to support you guys in the small way's that I can. I do believe in this coin and know it will catch on keep up the hard work.

[brian_nguyen]

Didn't want to spread any FUD when the troll was going at it, but I did look that the chain explorer for the 1st phase and there was 1 ISR left the wallet. Now it makes more sense. Thanks for speaking the truth and I've double my ISR 

[N1ghtcrawl3r]

sorry but again this is not the main issue, the main issue is the misleading of the Israeli bitcoin community after the 6 founders (most of them from the Israeli bitcoin community) together agreed to make a multi sig and than after a month Dan refuses and lost the trust of the team.
but this was long ago, its a real shame that nobody let you guys know.
the other problem is by misleading you guys by not telling you that the second phase was a colossal fail and no firm accepted Isracoin.
the thing you should ask yourself is why didn't  you know about all that and thought that everything is ok when most of the Isracoin team and the Israeli community have long left the ship.
the american guy behave and try to treat the public and the community like an asshole.
the problem is distrust in the guy that hold now the 400M coins, this is the reason that there will probably be a true Israeli coin soon.

Sounds to me like the 6 founders who left were in it for a quick buck..

I mean they were part of it but bailed. Not all that reliable in my opinion.

But that's what i am getting from all this .. Not that i know anything. Or really care

[y80]

any update on the list of merchants and businesses accepting Isracoin?

[IsraelCoin]

So far about 130 businesses have registered and a few dozens have gone through the verification process. We are still working on verifying the other businesses.
This process still needs refining and work and we are also working on assembling a team to deal with it and push it forward.

[IsraelCoin]

We will also try to get to putting together a "yellow pages" of sorts for businesses that have started accepting Isracoin.
Adding that to our Todo list.

[y80]

We will also try to get to putting together a "yellow pages" of sorts for businesses that have started accepting Isracoin.
Adding that to our Todo list.

That sounds like a good plan. Are you going to put this list up on your website?
It would obviously help whoever receives his/her Isracoin if they know where they can use it.

[Italian Technology]

So far about 130 businesses have registered and a few dozens have gone through the verification process. We are still working on verifying the other businesses.
This process still needs refining and work and we are also working on assembling a team to deal with it and push it forward.

This is great news! I've always believed in isracoin, I hope everything turns out as you planed! Keep us informed on when Isracoin will be accepted in israeli businesses!!!

[y80]

So far about 130 businesses have registered and a few dozens have gone through the verification process. We are still working on verifying the other businesses.
This process still needs refining and work and we are also working on assembling a team to deal with it and push it forward.

Wouldn't it be helpful to have the list posted and to periodically update it as new businesses are added?

[shai_]

list

So far about 130 businesses have registered and a few dozens have gone through the verification process. We are still working on verifying the other businesses.
This process still needs refining and work and we are also working on assembling a team to deal with it and push it forward.

[niothor]

So far about 130 businesses have registered and a few dozens have gone through the verification process. We are still working on verifying the other businesses.
This process still needs refining and work and we are also working on assembling a team to deal with it and push it forward.

Wouldn't it be helpful to have the list posted and to periodically update it as new businesses are added?

You don't get it really?
Don't you see that all the latest updates were just walls of text with no names numbers nothing?

Empty promises! Nation coins experiment and hype is over.

[yossik]

So far about 130 businesses have registered and a few dozens have gone through the verification process. We are still working on verifying the other businesses.
This process still needs refining and work and we are also working on assembling a team to deal with it and push it forward.

Wouldn't it be helpful to have the list posted and to periodically update it as new businesses are added?

You don't get it really?
Don't you see that all the latest updates were just walls of text with no names numbers nothing?

Empty promises! Nation coins experiment and hype is over.

I do think that with time there will be a list. Give it sometime.
I was also wandering why they did not publish the names,
Talking with some of my friends, I've found that there are currently procedure regarding the privacy and the authentication.
In other words - they are trying to avoid fraud and I'm tipping my hat to them on that action.
Once it is resolved, there will be a list, and I hope that it will happen soon.
Keep in mined that it takes time to establish solid foundations.
After all, this phase I just started and rolling (slowly, if I may add) and in parallel phase II is kicking in.

   

[porn0f1sh]

Keep in mind that it takes time to establish solid foundations.

[reeferman]

this seems like yet another scam coin..

who would ever in their right mind support this coin in good good conscience? use your own money to back a *cough* "state" of israel cryptocoin..

If you are an American tax paying citizen anywhere in the world, you have already paid israel every year of your life. Just because countries in financial trouble started coins does not mean you can jump on the bandwagon.

Remember, Bitcoin was created to free the world from fiat, debt based, fractional reserve usury banking.. people of the world who are paying the price for that type of corrupt business practices!!

israel has done nothing but benefit from these scam banks creating money out of nothing while people work to repay what they created from a contract of debt based on their future labor plus interest!! this is what a fiat debt based currency is!!

israel gets enough handouts from people who were not even alive decades ago right now to sustain itself & kill innocent Palestinians, steal land, while ignoring the original UN mandate that created the shared states boundaries, with over 80 violations filed at the UN for war crimes they have committed themselves!! while collecting money... wait for it.. for war crimes!!!

they even have undeclared nuclear weapons of mass destruction while calling for the destruction of Iran who has not only signed the UN treaty, but allows inspectors in to view their nuclear energy developments!!

If the American government took the $15-$20 billion it gives Israel every year and put it into a savings account for the 4.5 million babies born p/yr, every American would receive $8,000-$10,500 upon turning 18 years old. In another option, the US government could give the money away in a lottery and make 15k-20k Americans millionaires every year. Either of these options would provide an incredible boost to the US economy. But the truth is that $15-$20 billion per year is probably just scratching the surface when we look at the cost of America’s relationship with Israel.

Dr. Thomas R. Stauffer, a world renowned economist who taught economics and Middle East studies at Harvard as well as serving twice in the Executive Office of the President on a task force for oil imports and controls, estimated that as of 2002 (in 2002 dollars) Israel has cost the US $3 trillion.

and what about Germany?

"Since the conclusion of the Luxembourg Agreement of 1952 (payment of some EUR 1.53 billion), atonement and reparation has been a major political issue in relations between Israel and the Federal Republic of Germany. Total German reparations at the end of 2000 amounted to roughly EUR 55 billion, some 40% of this going to Israel or recipients in Israel. About EUR 256 million is paid out annually in compensation pensions (largely under the Federal Compensation Act) and related payments to recipients in Israel. Added to this are substantial compensatory social security payments and payments for the equalization of burdens. Following the establishment of the Foundation, Remembrance, Responsibility and Future, in 2000, compensation has also been paid from its funds to former victims of forced labour.

Enough is enough!! do not support murders, war criminals & UN violators!!

Boycott this clear pity party scam!! israel has the money to back a cryptocoin & start using it in israel already, YOURS!!

http://www.phibetaiota.net/wp-content/uploads/2012/11/Mandela-Israel.jpg

[usurytiger]

Blah..blah..blah... Scumlestine...

I would like to repeat yossik's concern regarding CivAirDrop Facebook confirmation mechanism.
While I'm not a strongest follower of anonymous part of crypto...

What if I don't have Facebook account?
Yes, really...there are people on Earth not having Facebook, nor a friends in Facebook.
What should I do?