Reserve Bank of India Cautions Users of Virtual Currencies Against Risks [pdf]

Re:Reserve Bank of India Cautions Users of Virtual Currencie... by theboywho on Wednesday December 25, 2013 @02:34PM (#6963966)

>> The Reserve Bank has mentioned that it has been looking at the developments relating to certain electronic records claimed to be “Decentralised Digital Currency” or “Virtual Currency” (VCs), such as, Bitcoins, litecoins, bbqcoins, dogecoins etc., their usage or trading in the country and the various media reports in this regard.

Dogecoins? Seriously? They are thinking the dogecoin parody is real?

I am wondering if the people behind this study knew what they were doing or if they just "googled" it.

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Re:Reserve Bank of India Cautions Users of Virtual Currencie... by im_a_bug on Wednesday December 25, 2013 @02:48PM (#6964010)

Dogecoin is as "real" as Bitcoin, or USD for that matter.

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Re:Reserve Bank of India Cautions Users of Virtual Currencie... by theboywho on Wednesday December 25, 2013 @03:09PM (#6964085)

I called it "parody" and not "fake"

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Re:Reserve Bank of India Cautions Users of Virtual Currencie... by chc on Wednesday December 25, 2013 @03:42PM (#6964171)

You asked if they thought it was real. It is real, so if they think that, they are correct.

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Re:Reserve Bank of India Cautions Users of Virtual Currencie... by theboywho on Thursday December 26, 2013 @05:04AM (#6965815)

Are you saying Dogecoin is not a pardoy?

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Re:Reserve Bank of India Cautions Users of Virtual Currencie... by techtivist on Wednesday December 25, 2013 @06:48PM (#6964735)

It might have started that way but Dogecoin has seen a surge in trading recently, and a growing "legitimate" user base recently https://bitcointalk.org/index.php?topic=361813.0 So it's completely fair to name it among the likes of Bitcoin and Litecoin.

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Re:Reserve Bank of India Cautions Users of Virtual Currencie... by steveklabnik on Wednesday December 25, 2013 @02:36PM (#6963971)

I mean, it's a coin just like any other...

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Re:Reserve Bank of India Cautions Users of Virtual Currencie... by svenkatesh on Wednesday December 25, 2013 @05:43PM (#6964559)

Your insecurity is showing.

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