📄 Extracted Text (503 words)
From: Vincenzo lozzo <
Sent: Friday, December 19, 2014 2:47 PM
To: jeffrey E.
Subject: Re: do you have time for a brief call today?
true, but they have other advantages. eg: in the iron example is that =pparently chinese companies are fucking
international player over by =laying with the exchange rate So I think the hope there is that by pegging their own
currency, they =ill save money and not get screwed
Another example could be Apple in Russia at the moment - they had to =alt sales because of the ruble fluctuation
On 19/dic/2014, at 09:44, jeffrey E. <[email protected]> wrote:
> Taxes
> On Friday, December 19, 2014, Vincenzo lozzo <-> =rote:
> the quick summary is the following:
> we told you how the idea is to build a protocol where you can transact
> =n any possible asset class/currencies. But then this morning I realized =omething which is instead of just transacting
in already existing =urrencies/assets we can go one step further meaning we can create them.
> so the case in point is that I read somewhere that people transacting =n Iron are thinking about creating their own
currency just for that =ype of transaction (the reasons are interesting but maybe another =ime). But that's a lot of work
for them, cause they need to create the =urrency and then the network to accept the transaction etc etc.
> Whereas what we do is essentially a webpage where a company can go and =reate its own currency with its own rules
"IronCurrency can only be =sed by this list of users in the network and its pegged to the dollar =tc etc". What we do then
is to create the new currency for them and add =t to our network and they are ready to go in essentially no time.
> Maybe I'm overly excited but I think it's a great idea because you =ssentially allow people to create their own currency
with the click of = button and start using it in zero time.
> What do you think?
> On 19/dic/2014, at 08:47, Vincenzo lozzo <-> wrote:
» I got an epiphany/eureka moment this morning and I think you'd like
» =t
>>
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