Post
Topic
Board Bitcoin Discussion
Re: ISIS to create own coin. How can we convince to use Bitcoin?
by
Eastbay
on 19/11/2014, 19:07:59 UTC
http://www.cnn.com/2014/11/13/world/meast/isis-currency/index.html?hpt=hp_c2

Quote
ISIS is planning to mint its own currency in gold, silver and copper, the group said Thursday.
Its aim is to stay away from the "tyrant's financial system," ISIS said in a statement. It said it would issue another statement to explain the new currency's exchange rate, and where it can be found.

Sounds like they are printing their own kind of FIAT. More scamcoin. I think this is a great opportunity to show them Bitcoin and get some users from the Middle East. The anonymity and low fees are sure to be a turn on. How can we spread the word and help Bitcoin go TO THE MOON!?

i really think this could be a good opportunity for BTC, seems like it would be a good argument for a developing nation starting fresh, pitch them they could have a whole banking/finacial system set up overnight once they impose the law