Post
Topic
Board Announcements (Altcoins)
Re: [ANN][SPA] SpainCoin: freedom for Spain -MERCHANTS added, now traded on CRYPTSY!
by
Davidbc
on 04/04/2014, 16:50:22 UTC
The Spanish Cryptocurrency > They didn't pre-mine (PesataCoin) - https://bitcointalk.org/index.php?topic=403378.0

Basically . the premine and free distribution to a specific population is what makes the "national coin".
What will make the peseta coin be used if the people don't have it?


How did Bitcoin spread? organically via its users. Spaincoin is just a “a classic pump-and-dump scam”

It is hard enough distributing the coins to people who have no idea about this and have to install a wallet, so imagine if you told them to start mining...