Forget Bitcoin, here comes Laxmicoin!

Discussion in 'Economy & Infrastructure' started by Free Karma, Jan 8, 2014.

  1. Free Karma

    Free Karma Senior Member Senior Member

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    Forget Bitcoin, here comes India's very own virtual currency Laxmicoin, ball in govt court - Financial Express

    Watch it get rejected on the basis of Psecularism by congress stooges! :p
     
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  3. Menhit

    Menhit Regular Member

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    Popularity of these kind of virtual currencies is one of the indicators of failing global economy system. Whatever that future holds is definitely not good, a really bloody and gloomy future.
     
    Last edited: Jan 8, 2014
  4. Sakal Gharelu Ustad

    Sakal Gharelu Ustad Detests Jholawalas Moderator

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    It is an indicator of democratization of currency market and need of currency for shady operations.

    If every country had acted like India, there would be no virtual currency.
     
  5. Menhit

    Menhit Regular Member

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    Nopes, it is not democratization of currency, it is giving power of currency to wrong hands which means governments all over the world can lose direct control over currencies in future that could be chaotic.
     
    Last edited: Jan 8, 2014
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  6. Sakal Gharelu Ustad

    Sakal Gharelu Ustad Detests Jholawalas Moderator

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    Which goes with the presumption that governments provides the best safeguards for our interests. Ask people in Zimbabwe.
     
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  7. Twinblade

    Twinblade Senior Member Senior Member

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    Bitcoin has good encryption and security. All these new currencies don't. They are gonna fold. It has become a loss making venture to mine bitcoin today ever since companies launched bitcoin mining cards.
     

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