Iran´s `Cryptocurrency´ Has All the Traits of a Classic Sh*tcoin
(WorldNews Iran)

Last month, Iran lifted its ban on Bitcoin to make way for its `crypto rial´. Now Iranian authorities have launched PayMon cryptocurrency supposedly backed by national gold reserves. Except, it´s not really cryptocurrency after all since there´s nothing peer-to-peer about it and you still need to trust an intermediary (i.e. the Iranian government). PayMon Has All the Traits of a Classic Shitcoin Sputnik caught up with Iranian blockchain specialist Hamid Reza...