Post
Topic
Board Economics
Topic OP
Cameroon Government Is Trying To Rip Off Citizens Via Centralized Altcoin?
by
12inchdick
on 24/06/2015, 17:28:38 UTC
The government of Cameroon has implemented a centralized, insecure and potentially dangerous blockchain protocol
and currency Trest in their project to enable the unbanked to transfer money quickly without transaction fees.

Unlike Bitcoin, transactions on the Trest blockchain are not verified by miners or any entity incentivized by the network.
Doesn't it look like the government is trying to rob its own citizens of their money?