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pedrog



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LegendaryActivity: 2506Merit: 1011 Re: PrisonCoin - the first coin backed by Prisoners May 19, 2017, 09:34:26 AM #2 Quote from: sengazumi on May 19, 2017, 08:53:23 AM



As we all know the US locks up fellow citizens on a record braking level, Private Prison booms and Schools became worse and worse which leads to even more prisoners.



Our corrent Prison population is about 2.23 Million inmates and as many coins will be in circulation, however more coins will be mined, growth of prison population is between 2-5% a year and this amount will be able to mined.



The first 2.23 Million coins will be premined but sold off entirely in a public ICO



0.1 Percent of any coin available will be distributed to Prisoners we are working on a cash card which prisoners can actually use in Prison as payment Method or they will receive it once they leave the prison system. We plan on working on a contract where we distribute those coins to the prisoners, cash or debit cards will also be available in the near future



We will also try to peg the Coin to 1 to the prison population and either create more coins to catch up or also send coins that are to much to bogus addresses were they will be destroyed.



Make money now of our Prison population and help them the same time.





If interessted on working or contributing to this coin/ Project send me an email to



Im here to introduce PrisonCoinAs we all know the US locks up fellow citizens on a record braking level, Private Prison booms and Schools became worse and worse which leads to even more prisoners.Our corrent Prison population is about 2.23 Million inmates and as many coins will be in circulation, however more coins will be mined, growth of prison population is between 2-5% a year and this amount will be able to mined.The first 2.23 Million coins will be premined but sold off entirely in a public ICO0.1 Percent of any coin available will be distributed to Prisoners we are working on a cash card which prisoners can actually use in Prison as payment Method or they will receive it once they leave the prison system. We plan on working on a contract where we distribute those coins to the prisoners, cash or debit cards will also be available in the near futureWe will also try to peg the Coin to 1 to the prison population and either create more coins to catch up or also send coins that are to much to bogus addresses were they will be destroyed.Make money now of our Prison population and help them the same time.If interessted on working or contributing to this coin/ Project send me an email to admin@darknetguru.org

Is that your business plan?



Sell useless coins to suckers on the internet and then give away 0.1 percent of those useless coins to inmates in the USA? Is that your business plan?Sell useless coins to suckers on the internet and then give away 0.1 percent of those useless coins to inmates in the USA? Win Free Bitcoins every hour! - www.freebitco.in

sengazumi



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MemberActivity: 107Merit: 100 Re: PrisonCoin - the first coin backed by Prisoners May 20, 2017, 06:16:57 AM #5 prisoners dont have internet access and not most of them have computers so the walets of the prisoners will be stored on the Prison computers and every prisoner will receive his own wallet, where they will be able to make purchases



It works already basically like that, prisoners dont have money there money is stored on accounts for them or they can buy in some prisons kind of debit cards which they can use in vending machines, down the road we will also offer to prisoner rfid chips where they can just pay directly from their hand.



This however will cause complications because 1 prisoner can just cut out the rfid chip of another prisoner and so rob him, right now we not really sure on how to implement rfid chips but this will not be a big issue.

dillpicklechips



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Hero MemberActivity: 994Merit: 506 Re: PrisonCoin - the first coin backed by Prisoners June 10, 2017, 11:51:35 AM

Last edit: June 10, 2017, 03:01:21 PM by dillpicklechips #13



Quote from: sengazumi on May 20, 2017, 06:16:57 AM prisoners dont have internet access and not most of them have computers so the walets of the prisoners will be stored on the Prison computers and every prisoner will receive his own wallet, where they will be able to make purchases



It works already basically like that, prisoners dont have money there money is stored on accounts for them or they can buy in some prisons kind of debit cards which they can use in vending machines, down the road we will also offer to prisoner rfid chips where they can just pay directly from their hand.



This however will cause complications because 1 prisoner can just cut out the rfid chip of another prisoner and so rob him, right now we not really sure on how to implement rfid chips but this will not be a big issue.



After I read this, it makes some sense but maybe it is not an appropriate use for normal people, normal citizens but rather it would be good for it to be used as a monetary system for prisoners that is for easy monitoring with the money that come in and out so that they can track any suspicious activities going on inside the prison. You might want to suggest that to the specific government officials particularly at DOJ who manage these prisons. This would promote a more strict monitoring to prisoners so that they can pay for the crime(s) they have committed and not to live in VIP secretly. Though it would be better if its not a chip or something attached to their body but maybe like an ID which there are some sort of barcode to identify them with a limit as to what they can spend and this is where all there money to be received that is the money send to them.



But releasing it here with people who are not prisoners then aurely it will not click but might as well go with the prisoners they might favor it. I'd be candid to this campaign. At first glance, it's not appealing at all and the name is not convincing that is important to attract people to invest and use the coins. I thought you were joking right there but not.After I read this, it makes some sense but maybe it is not an appropriate use for normal people, normal citizens but rather it would be good for it to be used as athat is for easy monitoring with the money that come in and out so that they can track any suspicious activities going on inside the prison. You might want to suggest that to the specific government officials particularly at DOJ who manage these prisons. This would promote a more strict monitoring to prisoners so that they can pay for the crime(s) they have committed and not to live in VIP secretly. Though it would be better if its not a chip or something attached to their body but maybe like an ID which there are some sort of barcode to identify them with a limit as to what they can spend and this is where all there money to be received that is the money send to them.But releasing it here with people who are not prisoners then aurely it will not click but might as well go with the prisoners they might favor it.

khufuking



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Sr. MemberActivity: 840Merit: 266 Re: PrisonCoin - the first coin backed by Prisoners June 10, 2017, 11:17:21 PM #15 This idea is similar to an idea of other coin posted before . I called the idea stupid back then and this is not different . how the hell you gonna make



prisoners back the coin!! . all your talk is we will ... we will .. we will .. nothing of it logic and nothing of it can be .