Post
Topic
Board Announcements (Altcoins)
Re: [ANN][POT] PotCoin Launches Today 01/21 @ 4:20
by
Sardine
on 28/05/2014, 20:50:29 UTC
Relax, I have nothing to do with mediwipe or either of the other two links I posted.  My point, since the beginning of potcoin, is that there is no point for potcoin.  If potcoin aims to be the bank then they are failing miserably.

http://en.wikipedia.org/wiki/Bank
"A bank is a financial intermediary that accepts deposits and channels those deposits into lending activities, either directly by loaning or indirectly through capital markets. A bank links together customers that have capital deficits and customers with capital surpluses."

http://en.wikipedia.org/wiki/Currency
"A much more general use of the word currency is anything that is used in any circumstances, as a medium of exchange. In this use, "currency" is a synonym for the concept of money."

http://en.wikipedia.org/wiki/Commodity
"In economics, a commodity is a marketable item produced to satisfy wants or needs.  Economic commodities comprise goods and services."

Potcoin is a currency or commodity, not a bank.
If the difference between a bank and cryptocoin is still not clear, then please use this forum.
https://bitcointalk.org/index.php?board=1.0

Start a new thread with this title "If Bitcoin aims to be the bank, then it is a miserable failure".