Quote from: ex-trader on October 01, 2013, 01:46:23 PM

Quote from: Esh on September 30, 2013, 05:37:04 PM

Quote from: mechs on September 30, 2013, 05:06:07 PM

Mintchip is not crypto currency, it is digital centralized digital currency backed by the canadian gov

Mintchip is not, in fact, a currency at all but a platform for spending fiat using blockchain inspired infrastructure (including digital signing). The Mintchip itself is the hardware on which the platform operates.

Sounds perfect, best of both worlds.

Ability to transact at small cost very quickly anywhere, but with a stable currency value.

Just imagine the US unveiling it's own cyber-currency, Bitcoin game over......

Not really. It would be just a crypto with a generation backed by the FED. Same shit in different form. Like they say, "It is like shit on a silver platter, Shines!"