new!? digital currency pegged to USD, called Kurrenci

[cbeast]

Each shop has its own exchange rate? That just won't happen. They may offer their own individual discount on certain items, but not an exchange rate.

[1715127578]

1715127578

[Spekulatius]

It goes live for 3 weeks and then tanks

[rjk]

Who props up this mythical currency?

[Bitcoin Oz]

Who props up this mythical currency?

Unicorns

[rjk]

Who props up this mythical currency?

Unicorns

Hey, at least Bitcoin gets held up by butterflys!

[evoorhees]

Advertising a "currency" and then delivering a "payment processing system" is fraud. 

+1

Currencies: Bitcoin, Linden Dollars, US Dollars, Euros, Gold coins.

Payment systems : Bitcoin, Paypal, Dwolla, Facebook Credits, MintChip, and now Kurrenci

Some things are a currency, and some things are a payment system. Bitcoin is actually both, while systems claiming to be "digital currencies" like MintChip and Kurrenci are actually just payment systems for a specific currency (CAD and USD, respectively).

[Bitco]

https://kurrenci.com/public/terms-of-use.aspx

I especially love the sections "Unilateral Service Revocation" and "Indemnification", which basically say that Kurrenci.com can suspend your account, hold the money, or otherwise screw you over at any time, and there's legally nothing you can do about it.

It's everything I love about PayPal, and more!  At least PayPal has to give you the money back after 6 months.

[mitchel]

Has anyone wathced that "explainatory" video?
http://www.youtube.com/watch?v=8igl34Ip0Gg&feature=player_embedded

I think they estimate their audience being complete infantile retards for making such a dummy cartoon!
Really, it explains nothing and that woman narrator seems like just out of daycare.

http://surfwithberserk.com/img/funny/epic_fails/56.jpg

LOL!!!

"and Its FUN!"  that line alone was enough for me to say NO!

[finkleshnorts]

Who props up this mythical currency?

Charlie?

[Boussac]

"New" currency.....