Biodom
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June 07, 2019, 10:25:19 PM

India is against bitcoin AND against cash. Funny how that works.

Mmm A cashless, government controlled society, who wouldn't like that.... Roll Eyes

What Facebook coin is planning it seems.....see the link...$10,000,000 'decentralized' to run a NODE ...it is claimed...sh*t

https://www.forbes.com/sites/billybambrough/2019/06/06/facebooks-radical-bitcoin-beating-cryptocurrency-plans-revealed/#40e3580a3564




this is going to be something that is stillborn.
Reasons:

1. it's a basket, so if you local currency is increasing vs "basket', you would actually lose money transacting in this.
2. Do you expect dozens of governments outsourcing their currency to facebook? LOL.
3. What would establish the value?
4. it is not a legal tender and would never be one.