same dev from mazacoin this is a scam DO NOT MINE THIS SHITCOIN
...and how is MAZACOIN a scam? Did I miss something?
I wouldn't say mazacoin is necessarily a scam. The creators just made a ton of mistakes ... and Payu evidently signed on a less than professional dev. I'm not sure if AP is still with maza or not, but Boxxa is.
Interestingly Ap/Boxxa has also been accused of stealing away Greececoin. And Australia Coin strangely has the same announcement font/appearance as Greececoin does. They may be churning out nation coins, I suppose.
understood -- and BTW these nation coins (I mean those that usually come as "countryName" plus "coin") are some of the dumbest ideas in the entire Crypto space anyway, defying the entire concept of what DECENTRALIZED p2p Crypto coins or wider "Bitcoin Neutrality" should be.
Greececoin, Australiacoin, Germanycoin, Nigeriacoin, Spaincoin, BullCityCoin and even EuroCoin, MeditarraneanCoin and Auroracoin (the row of idiocities is endless) -- they all failed to get the first thing/basic concept of real Cryptos (even if they claim they were supposedly "open" to "outsiders" which they are not really), namely that they can only succeed if used internationally. Focusing on ANY geographic area preempts the whole BTC concept (as well as the one of viable Altcoins) though!
Let them all fail as miserably as they deserve, this is what *competition among currencies* is all about. Let the free market decide -- and soon (for the sake of saving unnecessary hashing power and tons of CO2 and electricity wasted)...
Gotta disagree on this. lol You're pretty much arguing there should only be 1 coin for everything, geography aside; like Bitcoin could serve the purpose of all. Possibly, but much better to not.
Just like existing currencies, there can be many reasons for having a unique crypto currency for countries. The price of bacon in Canada is different than in Greece. The price of gas is different in Canada and the US
although a gas coin could confuse that. lol Isolating value to the crypto currency, as we have done via the papered currency, serves no harm. As well, there may be other unique properties that relate only to Canadians (i.e.; Cdn highway tolls, Cdn taxes (some day
lol), Cdn beer, Cdn maple syrup, Cdn smokes, Cdn poutine, Cdn Beavertails, etc.), where a MapleCoin may some day enhance your purchase? It might just take away the notion of how/what things are in other countries, and allow everyone to deal within the scope of our own products, within the distribution of our country, as the dollar does. In many ways it's cleaner, and easier for some people to grasp?
Why not have more? In the same way the govt's spew paper money within their country borders? it's only digital computations? Why not segregate some of these computations to build localized coins? If they can all have value some day, assuming the hundreds of millions of dollars being invested to bring the digital currencies to the mass population, then why not? I would much rather own some MapleCoin here in Canada, than Bitcoin, if I can acquire the same value and usability for the comparative number of coins.
Then again, some countries are more proud than others
I wouldn't own a Quebec coin before a MapleCoin. lol
I also believe the crypto currencies could replace the existing dollar some day, so I am way-out there. :-)
sure -- good points.
I still don't see why these should not be handled by ANY kind of Altcoin, i e I don't think that the concept of a *nation* coin is necessary or even appropriate for "cyberspace" as it is traditionally borderLESS.
Also, I am NOT against multiple Crypto currencies -- quite the contrary, I think it's necessary to fix Bitcoin's, and Litecoin's etc for that matter, flaws and have competing concepts and systems in Cryptoland.
When it comes to taking care of particular cuontries' particular customs, conventions, facts of life, local price differences etc, I still don't see why this should not be handled by ANY kind of Crypto currency (or fiat) as prices can be adapted or converted as we are used to. I mean, a loaf of bread could easily be BTC 0.0091 in the U. S. or BTC 0.00079 in Mexico with similar weightings if dealing in litecoins, mintcoins, doge, or peercoins ...?
While I hope for a healthy amount of competing Crypto currencies that bring technological aspects of their own to the table each, I just don't want to see our "new found" internationalization and chances of borderless commerce and zero-cost transactions go away for some renewed and narrow-minded local compartmentalization caused by "nation coins" replacing more universal ones.
