http://rt.com/news/183960-ecuador-currency-digital-dollar/Think about this:
- Not a "Crypto currency"
- Not Bitcoin
- Not able to be mined by Bitcoin ASIC
- Bitcoin can't control it. i.e its not attached to the Bitcoin Block-chain.
- Might be issued by Government not By Bitcoin ASIC holders.
Isn't there some sort of international law that would make this sort of thing illegal?
Are you serious?
Exactly what sort of 'international law' do you think would apply here?
Why on earth would it be illegal?
don't get me wrong i'm not suggesting we bomb Ecuador or anything like that, I think we are a long way from there, but certainly sanctions could persuade them?
Why should we want to persuade them? To do what?