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by Falkens_Maze 3109 days ago
> Launching a crypto to compete against Euro sounds bizarre

When did they specifically say Estcoin was to be used as a currency? An ICO just requires you to issue a token[1].

[1] https://theethereum.wiki/w/index.php/ERC20_Token_Standard

1 comments

> Much of the criticism of estcoin was based on the fact that Estonia simply can’t start its own cryptocurrency even if it wanted to. Estonia’s only currency is the euro and this is an essential feature of our EU membership, which we are proud to have. No one here is interested in changing that.

If you read the first news about estcoin they used the term 'cryptocurrency', now the use 'crypto token'.

So they took feedback, made logical changes to their plan based on that feedback... and we should fault them for this?
When the change is more or less just the name, yes.
The feedback was literally about the name. How else do you change the name without... changing it?
When the feedback is "hey you can't make a currency", that is not feedback about the name, and changing the name is a questionable fix at best.