Post
Topic
Board Altcoin Discussion
Re: GovCoin announced
by
Denker
on 24/10/2016, 14:05:11 UTC
So basically a centralized digital currency linked to and controlled by the government and thus influenced by central bankers - like what already exists with fiat. "...tied intimately to policy and credit." LOL, good luck with all that.

Yes that sums it up.
Noting will change.Just a different package, but the content is still the same.
As consens algorithm proof of authority will be used.Signing instead mining. Cheesy
Permissioned access, which will be controlled by the banks and govs, who also will be the issuer.