Hey guys! I got this great idea for a new Altcoin I'm going to release! Here are the details:
Name: US Dollar
Supply: TBD; will be decided by a group we'll call the "Fed". No, it won't be answerable to you. No, there is no cap. What could go wrong?
Note: We don't actually have the blockchain locked down to prevent double-spending (counterfeiting). We know it's a problem, and we are working on it.
Confirmation Time: Expect a couple of days for most transfers. Please give it up a week before bothering your exchange admins.
Note: You may want to invest in training to detect forgeries.
Transfer Cost: Will range from $10-25 or more depending on institution, there is no standard in the blockchain.
Note: Physical transfers will also be available! (We do recommend washing of hands after handling of physical "Dollars" to prevent spread of disease.)
We expect this Altcoin to be a MAJOR success! With features like these, how can it fail???
There isn't much that can go wrong...looks like you have just saved the world's economy.