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Bitcoin Forum > Bitcoin > Bitcoin Discussion > Press > [2014-08-05] Bloomberg: Bitcoin-Like Money Is Ecuador’s Latest Dollar-Saving Pla
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LiteCoinGuy (OP)
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August 05, 2014, 03:49:25 PM
 #1
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  Grin !
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CoinMode
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August 05, 2014, 03:55:35 PM
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Quote from: LiteCoinGuy on August 05, 2014, 03:49:25 PM
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  Grin !

Somebody should make an Auroracoin for each country. Oh wait...comedy gold.
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August 05, 2014, 04:10:33 PM
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its a really great idea. hackers will love this coin  Cheesy

canada (first world) canceled their digital currency but great ecuador (third world) will reach the goal  Grin !
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August 05, 2014, 11:11:58 PM
 #4
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.
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August 12, 2014, 06:36:45 PM
 #5
Is this the end game? Government fiat-crypto for all...



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