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Title: Israel’s National Digital Shekel Could be a Reality Post by: zycrypto on December 27, 2017, 10:26:28 PM The Bank of Israel and the Finance Ministry is actively considering issuing its own virtual currency in the form of a state-backed cryptocurrency. The digital currency is seen as an important monetary instrument to achieve the building of a “faster” payments system, and to reduce the quantity of conventional or paper cash in the economy, increase in liquidity, decrease in cost of credit to businesses, and a general increase in payment’s resilience and security.
The Bank of Israel has for long been concerned about the black market activity or the shadow economy, which as per estimates forms up to 22% of the Israel’s GDP, the level of untaxed transactions, and reduction of anti-money laundering. Read More=> https://zycrypto.com/israels-national-digital-shekel-reality/ Title: Re: Israel’s National Digital Shekel Could be a Reality Post by: Krezz2017 on December 28, 2017, 12:45:56 AM Almost all states are concerned about the growing popularity of the crypto currency and would like to control them. But the crypto currency does not belong to any state. Now many states will create their own crypto-meter and will probably bargain on their forex.
Title: Re: Israel’s National Digital Shekel Could be a Reality Post by: SeXyBiGGiE1997 on December 28, 2017, 12:50:59 AM I thought Bitcoin was a Russian trollcoin? ;-)
https://www.washingtonpost.com/business/technology/bitcoins-boom-is-a-boon-for-extremist-groups/2017/12/26/9ca9c124-e59b-11e7-833f-155031558ff4_story.html |