Quote from: tippytoes on June 12, 2019, 10:12:50 PM

Quote from: smyslov on June 12, 2019, 05:56:38 PM

Quote from: TimeBits on November 23, 2018, 06:31:12 AM

I am creating a money supply which distributes duration to addresses but need a way to verify each person has only one account

would you give your fingerprint or eye scan for a fair money supply?

see https://en.wikipedia.org/wiki/Time-based_currency

I would not do that because you are not a company or even compliant with any government, if you can show us that you are a legit company and very much compliant and guarantee that our information will not be solved to a third party, why not but if you cannot show us then I have to decline.

No, I won't. We have the same answer on this one. Are you going to trust an unknown person from the net with your identity? Fingerprint or eye scan is all you have if all your material possessions are gone. And you are going to risk the only identity you have? I don't think so. He can say all the good things to his creation, but who are going to assess its value? There's no guarantee that it will even hit the market, but wait, you already sent your identity to him... Opppssss

Not only that, we do not really need a currency that promises us to offer a fair money supply when we already have bitcoin that offer that to us, in a way the coin that he is proposing runs contrary to what bitcoin is trying to achieve, a currency that only allows you to have one address and that requires such an extreme form of KYC means that the creator of such coin will know not only every transaction that ever happened but he will also know who was responsible for such transaction, so such coin offers nothing that bitcoin does not already offer with the added advantage that you do not need to supply any information to open a bitcoin wallet and have as many addresses as you want.