Post
Topic
Board Altcoin Discussion
Re: Russia to start bitruble - will be first government sponsered cryptocurrency
by
bcdev
on 21/09/2015, 13:30:46 UTC
Quote
Bitruble, a new Russian cryptocurrency, will be issued and circulated under control of Russia's Central Bank. It is expected to compete with Bitcoin and other cryptocurrencies.
Calling that cryptocurrency is doublespeak. In reality it's going to be PayPal.
Nothing to see here.

What a joke. "Banks adopting cryptocurrency" and "states adopting cryptocurrency" is just trying to redefine the word "cryptocurrency" to mean "centralized database".