Post
Topic
Board Announcements (Altcoins)
Re: [ANN][XCP] Counterparty Protocol, Client and Coin (built on Bitcoin) - Official
by
halfcab123
on 12/03/2014, 20:42:51 UTC
If you actually have gold reserves and don't take the proper registrations, I'm pretty sure Uncle Sam will come, but I like the idea. But remember E-Gold went down for the very reason it was centralized. So you have decentralized trading of IOUs but centralized reserves.. any centralized point is a point of failure and adds counterparty risk. Maybe this is a moot point idk.