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Citibank Is Working on Its Own Digital Currency, Citicoin
- commentzorro 11y agoHoly Fvck they just don't get it. They can't create a block chain currency because the primary uses for Bitcoin et al. are that it can be used reasonably anonymously with no clawback and it's not under government control. What's the point of Citibank's block chain currency that you couldn't get with a common credit card? (IMO, another goal should be vanishingly small transaction costs. True micro transactions on the web would open a new world of opportunity.)
- s73v3r 11y agoSome of the people using Bitcoin are of the anti-government type. I doubt most of them are.
- commentzorro 11y agoNo true Bitcoinsman would use them without being anti-government.
- spacemanmatt 11y agoYou don't suppose they have clients who would like to get in on a new speculative currency product from the ground floor?
- commentzorro 11y agoTrue. I hadn't thought of that angle. I concede my Holy Fvck if you grant me the vanishingly small transaction costs.