Post
Topic
Board Altcoin Discussion
Re: Hullcoin: The World’s First Local Government Cryptocurrency
by
luv2drnkbr
on 01/04/2014, 05:46:22 UTC
yes get the government involved so we can no longer have privacy and taxless transactions. Morons...

Yeah but if there's government coins, then completely decentralized anonymous markets to move in and out of bitcoin from govcoin are possible.  It makes the current point of privacy failure (exchanges) go away completely.

Govcoins would be really really good for bitcoin, because it would be so easy to maneuver in and out of govcoins.  And of course, literally everybody would get used to using crypto-coins.

Govcoin would be amazingly good news.

I genuinely thought the more active/more experienced members of this forum were the wiser ones, oh how you have just destroyed that idea. Switching govcoins to altcoins without an exchange, the very point of complaint in the beginning of your post? I can only assume you're from Hull and have the IQ of the average resident.  

Sorry but my argument is completely valid.  More people using crypto is good for bitcoin.  Being able to anonymously exchange bitcoin for fiat is good for bitcoin.  And govcoin enables those two things exactly.

If you find fault with the logic of that argument, expose it.  Incorrect ad hominem are not valid rebuttals.