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Old 05-17-2011, 10:08 AM   #66
Scooby Guru
Member#: 7977
Join Date: Jul 2001
Chapter/Region: MAIC
Location: Sterling, VA
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Originally Posted by kinkinhood View Post
It seems like an amusing idea but would not really last any bit if just for the reason that rogue mentioned.
And I don't really see a way to trade fractions of a coin, since one coin is a distinct atomic unit. So right there... this is... I dunno. Stupid? I'm going with stupid.

Private/public key encryption (which this looks like a bastardization of) is very hard for the average person to understand anyway. Throw in something about P2P and algorithms and buzzwords like global currency and fiat and there's just no way that most people will be able to grasp what this is about. Not understanding, some will then assume it must be brilliant and valuable and will want to buy in.
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