[2014-08-05] Bloomberg: Bitcoin-Like Money Is Ecuador’s Latest Dollar-Saving Pla

[LiteCoinGuy]

Bitcoin-Like Money Is Ecuador’s Latest Dollar-Saving Plan

http://www.bloomberg.com/news/2014-08-05/bitcoin-like-money-is-ecuador-s-dollar-saving-plan.html

“I wouldn’t want to be converted into a new currency managed by an untested central bank,” Reichold said. Creating a currency “isn’t straightforward even when you’re in a country with a perfect track record of successful economic management, and I don’t think Ecuador is in that category.”



too daaaa Moooon ecuador-coin  !

[CoinMode]

Bitcoin-Like Money Is Ecuador’s Latest Dollar-Saving Plan

http://www.bloomberg.com/news/2014-08-05/bitcoin-like-money-is-ecuador-s-dollar-saving-plan.html

“I wouldn’t want to be converted into a new currency managed by an untested central bank,” Reichold said. Creating a currency “isn’t straightforward even when you’re in a country with a perfect track record of successful economic management, and I don’t think Ecuador is in that category.”



too daaaa Moooon ecuador-coin  !

Somebody should make an Auroracoin for each country. Oh wait...comedy gold.

[LiteCoinGuy]

its a really great idea. hackers will love this coin  

canada (first world) canceled their digital currency but great ecuador (third world) will reach the goal   !

[Lethn]

I'm going to enjoy seeing people fuck with this shitty coin, they've underestimated the internet for the last time, I wouldn't be surprised to see the European Union make a move like this soon enough as well, they'll probably hail it as the savior of the economy.

[bigtimespaghetti]

Is this the end game? Government fiat-crypto for all...