Quote from: Soros Shorts on November 15, 2015, 05:48:02 PM

Quote from: sidhujag on November 15, 2015, 04:06:43 PM

Quote from: Soros Shorts on November 15, 2015, 02:57:40 PM

Quote from: omskbear on November 15, 2015, 11:41:02 AM

Grear news! What next?

It would be great is someone could implement FiatCoin (pegged to USD, EUR, GBP, etc.), hopefully without any AML/KYC restrictions (beyond the initial purchase). Then you can truly trade Bitcoins and fiat from your client.

Syscoin does this

Not what I had in mine. The FiatCoin would be unmineable and instead backed by an equivalent amount of fiat. The issuance would be done by a centralized authority (e.g. bank or brokerage, possibly for a small fee) but once issued they may be exchanged freely on a distributed blockchain that is compatible with cross-chain transactions. Mining will be fee based only without block rewards.

if there is the old known governments behind it, how we can think of having those fiatcryptocoin without aml/kyc...we cannot, they must be decentralized like every other crypto