Thanks for the insight, britcoin and sterlingcoin looks good from our perspective, but what i see in britcoin - nothing special, sterlingcoin - amazing that they have incorporated online merchants some domestic, some foreign. But what do they lack? real world integration. Those coins have 6+ dev team behind them.

This project is far bigger in scope. I want our community to work collectively on our currency, making it popular and widely accepted.

To further quote you, bitshares bitGBP are awesome for us people in crypto world. Now please try explaining those to your small business owner? How will you introduce and pitch this system as being nore simple than corporate payment processors?

Good question, NathanJackson

I have two reasons:

With this project we can improve on bitcoins technical aspects making it more efficient to its users.

Appeal more to a local demographic

I understand indeed, i registered to bitcointalk just to create this post.

I was referring more to a local merchant and small business integration, starting with London areas, expanding trough out the country.

If anyone wants to have a chat you can find me in weekly Coinscrum, on tuesdays in Vape Lab (shoreditch high street)

Sveicinu ienakot Latvijas Bitcointalk grupa.

Prieks iepazities ar tautiesiem

Hello all bitcointalk members.

I am here to call you all who are interested to participate in this project and build it together.
I was impressed by BTC community and spirit, there are only few coins that has real world usage besides being an online crypto, therefore i have decided to create a new altcoin CGBP - Crypto-GBP)

There are too many altcoins that are just ponzy schemes, p&d, and scam.
With this project i want us crypto enthusiasts to create a coin that is valuable and usable just like bitcoin.

Main incentive for this coin is that we will go in to a local community, local retailers and offer them our coin as a viable alternative to commercial services like yespay, transax, or vpay who are ripping off both merchants and customers, haven't you had enough of you local off licence charging you up to a pound extra just to accept your card?

I would like to hear from you guys of what do you think?

Would you like to join me?, develop this coin and advocate it, bring it to the local people?

In great hope to hear your replies soon, madptj!