Give me your honest opinion on Dubaicoin (DBIX). I sold all my

But btc and eth can be used anywhere. Regional coins don't make sense desu

Bump for interest

>>2855639
agree

>>2855639
btc and eth aint halal tho

>>2855639

Regional coins are shit by definition, but the thing is, arabs are just the kind of people who won't embrace cryptos unless they have their own coin.
Apparently some arab millionaire already invested $800k in ArabianChain technology already.

Problems of DBIX:

>it's only on one exchange (Livecoin)
>Livecoin owns more than 50% of all DBIX in circulation
>wallet is known to be bad
>mining problems
>there is an established dev team behind the coin but they are slow to respond to technical issues

Pros of DBIX:

>arabs will buy it like crazy
>did I mention that rich arabs will fucking buy this shit
>Dubai government is likely to adopt the coin

>>2855672
Fucking stupid camel jockeys.

>>2855701

Russians have their SIBcoin as well.

>coin specifically for X geographic region
I have seen so many of these come and go over the years, guess how many made it into the top 20?

>>2855636
>implying low-iq inbred oil welfare sandniggers can into crypto

>>2855696
>Dubai government is likely to adopt the coin
Great idea, when you are in part of the world where odds are your infrastructure gets destroyed in war every 40 years having a currency that needs internet and electricity to function is the way to go.

There is a very good reason it's the middle eastern nations keep proposing a return to physical gold currency.