A new initiative recently proposed by the Royal Canadian Mint proposes to create the MintChip, a digital currency that’s similar (to BitCoin), but is backed by the Canadian government.
Aiming to become “the digital equivalent of the coins we use every day,” in the Canadian Mint’s own words, the MintChip will target micro- and nano-transactions conducted both online and offline, whether at the physical point of sale, on mobile devices, or among peers.Via
posted by infini
on Apr 20, 2012 -
A common dollar for Canada and the U.S.? With the Euro unit of currency slowly coming into common use, it's only natural for other continents/countries to follow suit. How would this affect the national identity of Canada? Is this a sensible thing to do? What are the benefits and deficiencies of such a plan?
posted by ashbury
on Nov 17, 2001 -