Post
Topic
Board Economics
Re: Cameroon Government Is Trying To Rip Off Citizens Via Centralized Altcoin?
by
dblink
on 27/06/2015, 13:24:52 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?
Wow.... it is really good news that Cameroon government has implemented the blockchain protocol, I do not mind at present for some days they do this for trial run with adoption of bitcoin digital gold, but once they found crytocurrency's worth, I hope in forthcoming years they will soon embrace the Bitcoin Digital Gold in their production environment and we will hear the inauguration of Bitcoin ATM Machine in Cameroon soon Cheesy