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> Launching a crypto to compete against Euro sounds bizarre When did they specifically say Estcoin was to be used as a currency? An ICO just requires you to is
by Falkens_Maze 9y ago
> Launching a crypto to compete against Euro sounds bizarre
When did they specifically say Estcoin was to be used as a currency? An ICO just requires you to issue a token[1].
[1] https://theethereum.wiki/w/index.php/ERC20_Token_Standard https://theethereum.wiki/w/index.php/ERC20_Token_Standard
- logronoide 9y ago> Much of the criticism of estcoin was based on the fact that Estonia simply can’t start its own cryptocurrency even if it wanted to. Estonia’s only currency is the euro and this is an essential feature of our EU membership, which we are proud to have. No one here is interested in changing that. If you read the first news about estcoin they used the term 'cryptocurrency', now the use 'crypto token'.
- pests 9y agoSo they took feedback, made logical changes to their plan based on that feedback... and we should fault them for this?
- Dylan16807 9y agoWhen the change is more or less just the name, yes.
- pests 9y agoThe feedback was literally about the name. How else do you change the name without... changing it?
- Dylan16807 9y agoWhen the feedback is "hey you can't make a currency", that is not feedback about the name, and changing the name is a questionable fix at best.