Megaupload founder wants official cryptocurrency

Megaupload founder wants official cryptocurrency

The Internet Party’s proposed cryptocurrency would be “safe, secure and encrypted, providing for instant international transactions at minimal cost,” according to the party’s website. Dr. David Tripe, who has worked at Massey University in New Zealand since 1994 after 17 years in banking, dismissed the party’s plan, claiming there was already such a digital currency in existence for the New Zealand dollar. Vikram Kumar, Chief Executive of the Internet Party, said that the proposed currency would not be outside of the New Zealand tax system and any transaction involving it would be treated....


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