[ANN][EPESO] - E-Peso Initiative | Philippine Government-backed

[RobTJoneS]

Will check this one out.
Thanks

[kendx]

Just created E-Peso Official FanPage. https://www.facebook.com/ePesoOfficial
Also I'm promoting this page for more Facebook likes! 

[MsCollec]

I will apply for the free distribution

[masternode]

Nice to see the project has realized the importance of speed and value of Clearinghouse.

[karmala]

Nice to see the project has realized the importance of speed and value of Clearinghouse.

yes, they did their homework.

edit: I will promote you via twitter and in my signiture because this is a clear sign how advanced viacoin/clearinghouse is.

[pigheadbig]

very interested, I will join in .

[Timeline]

Best of luck for this project! 

[axxo]

This seems like a very interesting project. A government backed cryptocurrency sounds good.

[nrvkush]

I hope that it will succeed one day

[madmartyk]

PM Sent

[minlihua]

happy to see free coins, i applied

[ol21]

Interesting Idea, Best of luck with it

[-Blueraiven-]

PM sent... Mabuhay to all my fellow pinoys..

[gagalady]

I wish you good luck. 

[ivanst776]

Great discussions going on in here! I think EPESO can become a huge success

[fox19891989]

"centralized/decentralized"

Centralized as in the Phillipino government gets to control the supply and make changes to it as it sees fit...

Decentralized as in the Phillipino government wants to do so without cost to itself, instead getting "the network" to support itself.

So basically, all the risks of a central-banked federal currency but costs borne by whoever is willing to mine it, Phillipino or otherwise? How will you make this attractive enough for people to mine considering the drawback of federal centralization?

The costs of rewarding those who secure the network must be significantly lower than the costs to print physical money in order for this to pass a cost-benefit analysis. There is increased security risk to the network due to bad actors who stand to gain control of the government or its financial authority if they successfully attack the cryptocurrency.

Since it's government money, it will make changes to it as it sees fit. The government might consider helping to secure the backbone currency: Viacoin.  I'm surprised you're asking the above questions since you seem well-versed in crypto technologies.

We don't see a government-backed currency as risky since 100 million Filipinos are using one. It seems Bitcoin is more risky since it looks like only traders use it. The Viacoin ecosystem has its own purpose and rewards. Miners should look to it rather than E-Peso. If Viacoin fails, E-Peso fails along with other assets/coins riding on its blockchain. But we're investing in the future. 

  Viacoin will be huge

[fox19891989]

For reference:
http://www.congress.gov.ph/download/basic_16/HB04914.pdf

Are you from Philippines government?    Very happy to see epeso will be launched on Viacoin/XCH platform

[yo2monty]

A good case on ClearingHouse.

[romawi]

Interesting project. sent PM

[mnporter2001]

Hmm not sure what to make of this but as its a free release I shall see where it leads

PM sent

Thanks
Mark