View Single Post
Old 07-14-2013, 07:00 PM  
AdultKing
Raise Your Weapon
 
AdultKing's Avatar
 
Industry Role:
Join Date: Jun 2003
Location: Outback Australia
Posts: 15,601
Quote:
Originally Posted by dyna mo View Post
Canada to Mint Its Own Crypto-Currency

The Royal Canadian Mint has invented a new, digital currency called MintChip intended to be an alternative to using debit and credit cards.

http://www.technologyreview.com/view...ypto-currency/
That may gain local traction. The prime advantage being that it is released by a corporation under control of the Crown, (i.e.: Government Sanctioned). In other words it shall be properly regulated.

Being properly regulated shall mean that it will be less desirable for nefarious use than Bitcoin and illegal use will be much easier to police.

Bitcoin and other contenders in the crypto currency space do not enjoy the support of regulators or Governments.
AdultKing is offline   Share thread on Digg Share thread on Twitter Share thread on Reddit Share thread on Facebook Reply With Quote