Talk:Local Bitcoin Currency
- Cited problems don't exist.
- The *only* way to set a fixed price of any currency is by offering the trade. ie, you NEED to offer 1 local unit for 1 new unit if you want the new unit to match the local unit's price.
- Litecoin's mining algorithm is worse than Bitcoin's. If you don't want the currencies to compete for hashpower, the correct solution is merged mining.
--Luke-jr 21:19, 13 November 2011 (GMT)