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Meetings with the Angullia government and premier of Angullia is showing how temtum is the leader in being the chosen cryptocurrency architecture for a country’s aim to deploy their own digital currency !

https://twitter.com/wearetemtum/status/1235231478893727746

Was not Petro the first crypto to be used as national currency? it was founded 2 years ago in Venezuela.
And we need more information about this news,
Is not it too hasty to announce Temtum as another crypto to be used as a national currency if we do not see a real thing or partnership from both sides? a photo can not be used as a proof of partnership.
Usually, there should be an MOU or legalization certificate from the country. Meeting with someone else is not that hard, saw a few people did that before.

Petro is not a widely used crypto - it’s questionable if it’s even a cryptocurrency

An announcement will occur in the coming week from both sides along with the mou / contract to be published on our website

Actually it makes sense for a super-small country like Angullia. For a country of 91 square Kilometers and with only 15k population, having a fiat currency is not the most economical choice! Rather, having a cryptocurrency running on a blockchain which can be carried on a mobile phone, makes more sense and looks more realistic. It is more like a testing ground for national cryptocurrencies for bigger countries. All the best!

I think this thread would have been more interesting if the full details of this agreement of both parties involved is announced, although i have already read a tiny bit of this information on the official telegram,
And I know Richard is meeting up with Angullia representatives to further discuss this, I hope it will be a positive news we will be hearing from the team,
I saw the price spike of tem few days back to $0.32 before correction,
I think exciting days ahead for tem, this news can very well be the breakthrough tem need.

unfortunately their discription still unclear, they just create hype to market again to attract traders or investors buying temtum. to be national currency was not easy, moreover the developers team come from outside anguilla. they will need more political step that must discuss with another stakeholder. but atleast we must appriciate with this progress, they make one step ahead.

Yes, it is! a small country is a good testing ground as it is easy to see how it will perform among its citizens. once proven successful, they can implement it to bigger countries as they can use the same business model. they will know what bottlenecks and hindrances from their guinea pig. So they can address those possible issues before going big. Nice move from Temtum and Anguilla.

Good news for temtum community if this will continue to increase until the middle of the year. We will see the effect of the demand once this hits the biggest value, traders and holders will begun to have their moves when there's a signs of increase of each tem price. This attracts more buyers and potential holders to have this coins as their trusted asset.

Despite of the other questions that I have on my mind, I'd like to congratulate you then. But I hope that you will also educate them that they have to have bitcoin in the first place.
Are they actually going to use Temtum or the network/blockchain you offer to make their own cryptocurrency?

I'm not satisfied with this admin of TEMTUM but I will support this project. I don't think this news is very big to TEMTUM project what they will do with augullia government. TEMTUM will show how enable this coin for own digital currency even though this announcement isn't so exciting

Lol, for some obscure backwater country that is struggling with crippling debt? Not impressive at all.

Pretty sure that Venezuela also has plans to use the Petro as a national currency at some point, to replace the failing Bolivar.

In any case, TemTum is absolute trash compared to more capable cryptocurrencies, and you're just trying to drum up hype for something we all know has no chance of actually happening.

TemTum = steaming pile of sh*t

Just some kind of bullshit of " Wow, finally real crypto will used in daily life ", but the fact remains, it's just bla bla bla talk & nothing is gonna happen.
The world wide financial system won't let crypto replace fiat (AKA the Dollar). This is the fact people should realize by now.

this is good news for this coin. The project itself is developing very well, but I do not understand why they do not go to large exchanges. they are still trading on coinall and that’s it. they do not submit applications for listings on large exchanges and the exchanges themselves also do not plan to lists them to their exchanges. strange situation. usually, such good projects immediately listing on large exchanges and increase their popularity. I think that the project should go at least to Kucoin in order to inspire confidence among investors

I think this is just a plan to promote this coin because in order to become a national currency, a lot of people need to accept it and this coin usually cannot be stable for a long time. In my opinion, the success rate will be very low because this is just a normal coin and until now, no one has considered altcoin as a national currency so this will never happen.

Angullia as a nation do not have to promote any coin by making it their national currency, if the news is true to its words, then the government I think has decided to make their own currency and that's very much possible, it would be used within and only in Angullia I think, so that's enough promotion for the coin imo.

I don't know how this will favor a small country like Angullia and if this is an astute move for their economy, digital currency being used with their fiat currency could open doors for economic growth for the nation maybe.

this is still a mystery, is there really a country that launches their own crypto? first we start from petro venezuela. I tried to look for it in various large exchangers but could not find it. it's on the coinmarket cap called petro dollar (xpd) but I don't think it's petro venezuela because the logo is different. or maybe they launch their own coins on their own market exchange? which means it is a personal need, not for public consumption? we must still wait for clearer news, also for the temtum coins from this anguilla.

First Petro and Now TemTum used as national currency and alternative to fiat money. Need some more news and time to watch these two national currencies value and reputation. Thanks for the good info.

The tem token and blockchain will be used ! - this is not like ripple !

In the mou / contract you’ll be able to explicitly see this requirement

We have been in talks with the country regulators and they are fully behind this project and Richards vision

For those  that says it will never happen - it is being developed now will a plan launch mid may !

Haha name one of project that is technically capable as temtum - fully deployed on a mainnet and third party validated

Also listed on liquid too

We have an exchange strategy- right now many listings is not a priority

If Tentum is made into national money in Angullia, coins must also be stable and should not change drastically when bearish comes, but is it possible that the public will accept this digital unag?
I know that Temtum is a good project that continues to grow with Richard but to make national money it also takes time for the whole Angullia community to accept it.

Those conversations with major businesses on the island have already happened - they will accept it on launch

This is not a small project and have been worked on for at least 2 years to get it to this stage

I have seen a few other cryptocurrencies that were created for this purpose before. So make sure your project is not the first choice to use is the national currency. Your project is good, but it is not enough to attract investors' attention. Also your project is only listed on a few small exchanges, it's too early to confirm anything

10m in private investment
The first network to be chosen as a national currency
The fastest live net in the world
More countries will be signing up in the next 6 months

We do not need to list on large exchanges yet - we have a strategy around this and are happy with liquid and coinall currently even though we have agreements with nearly all the tier 1s

And you say we are too early lol !

funny, in your title Is this: "Temtum to be the first crypto to be used as a national currency!". it seems that you already have something in concrete when in fact you are still discussing with the Angullia government about the digital currency plan. This means that the development and legal stage of an Angullia digital currency is still in its infancy. why are you looking forward to talking about things that are not concrete? what if the Angullia government gives up on that plan?

your intention Is get attention for your project. this is your thread:

[ANN][TEM] temtum - Quantum secure, feeless & lightweight decentralised network.
 (https://bitcointalk.org/index.php?topic=5138087.0)

right?

1 - why didn't you make this post on your thread?

2 - why is your project not yet in coinmarketcap? and when will you be at coinmarketcap?

What is that mean? Which that mean temtum will try to promote cryptocurrencies governement? Or the government use temtum as their cryptocurrency? Sorry I can't get your point. Because if just to deploy, which is mean if the government has their own cryptocurrency then just an easy way to deploy the cryptocurrency. Even, I will bet that their cryptocurrency is their money fiat and so there is no hard thing to do.

I'm really wow with the news the OP post but I will be happy if you could provide an article link to the whole procedure so we could know how it happen and the reason why the Angullia government choose the crypto in subject.


Aside that,the coin was created and issued by the government of Venezuela while Temtum was created by an individuals.

Although, i underestimated this project when they had their bounty and this is the reason why i barely know much about the project but i have a question.
Do you guys do an ICO or IEO, If yes what the price of the coin during the initial offering?

It will be better if you could list the coin on a popular and reputable decentralized exchange site because exchange like Liquid KYC procedure is a pain in the butt.

If temtum can actually pull this off, it will be a huge achievement on the part of this great project, I saw on their telegram about it, even though the country in question is not a very big country, still will be a ground breaking achievement to be a national currency of a country,
It will not only be good for temtum project but to all crypto in general, it will surely pave way for other countries to have a taste on how it feels to have crypto as national currency.

That's a great way to appreciate the power of cryptocurrency through the power of the Blockchain. Such a small country having a plan to start using digital currency mean a lot to others, also, their courage due to their decision of going with the digital  mobile wallets everywhere. If eventually accepted as a country digital currency then, their freedom from oppression has drastically reduces, as they are now the rightful owner of their funds in their wallets

Totally agree with you. Another chatter without any action. TeMtum is a rather interesting project, but I don’t even know the country in question. Does she even exist? Haha
It is strange that some country will use a third-party coin as a national currency and not its own.

Obviously you just want to make a post for your campaign is the reason you will write such crap! Just because you don't know the country don't mean it doesn't exist,
Between how would you know when you are just an ordinary hunter who is so lazy to use Google to make a search, I would expect irrelevant post like yours is deleted by the mod ::)
Too many pessimistic people in crypto is what is dragging the space down, why don't you wait and watch and see if they can pull it off instead of typing from your a**.
Baby steps.....

You must think adoption will come to you if you don't work towards achieving it,  there is always a beginning for everything,  Go figure.

Have a look at the stats of each tourist that arrive on the island - average income of over 200k usd ! - look at who parties there - it’s an island for the rich and famous

Also parts of the loi on the official telegram channel - ask question if you will like

https://t.me/Temtumofficial/13682

A full press release is being written and pitched to the major news providers

To the people claiming no action - what was you expecting the entire country to switch in a day haha - this is proof the contract is live and in play and temtum is being taken seriously by governments unlike all your shit coins

Is there any link for me to read this news? I would be interested if temtum was chosen, it will surely grow strongly in the future and become one of the leading altcoins in this market.

This news appears on the project's twitter but I think it will take a lot of time to do this because this is a very very interesting project and if it can become the country's fiat then surely this is which will surprise a lot of people. However, up to now, no altcoin has been able to do so because the volatility of Temtum is still very large and very easy to manipulate. Personally, I only invest in the normal way and will sell when it is profitable.

Check the telegram group - the loi explicitly stats launch within 12 weeks .....

It is a good move, but there are so many countries that have their cryptocurrencies accepted nationwide. So I would not agree with you that TemTum is the first currency to be accepted.

Temtum is privately implementation. So, there are nothing happened which you asked regarding of ICO & IEO. And that's why it’s didn’t hits to the good promotion.

Yeah, right now they’re not concern to listing major reputed exchanges. I'm not expect to the top ranking exchanges but bithumb global is enough to help big move or okex is recommended too.                

It is confirmed - check the telegram - Richard has posted the loi

Angullia may be a small country - but it’s a country - it’s also a place where millionaires go to party - so the first use these high net worth guys of crypto is temtum

15,000 users using this crypto for everything they buy daily - plus the 15,000 tourists per month again using this for every purchase will make this the most used crypto out there - bitcoin doesn’t have 15,000 users per day using it to purchase goods with

Also this is the first crypto to be passed by regulators

Temtum has no interest in a smart contract platform - it’s a payment network - as is evident by its current deals

Wow that's pretty amazing. I do feel like it bring up some concerns though. One of the major issues with crypto is the inherent volatility in the way that it operates. Have the team figured a way to address that issue?

When it comes to adoption though, I really do believe that this may be one of the largest advancements that I've seen recently so I do want to say congrats guys. I hope you guys keep up the amazing work for the cryptospace. :)

Agree, we need more research on national cryptocurrency. Petro is too big in reporting but what happens is not successful in the use and also the sale. It takes courage from the government if you want to replace the role of the central bank because cryptocurrency does not need a third party as an intermediary for transactions

In my opinion, it is not easy for a project to become national cryptocurrency because there is a long political process. Maybe this condition will be different if some developed countries begin to approve and use cryptocurrency as a means of payment because other countries will follow

I think Angullia will enjoy first mover advantage in the business of cryptocurrency serving a s a national currency. it will help and encourage real speed interms of facilitating this that relates with both finance and projects that technology can process without stress as most patrotic tech companies will prefer to either fork the blockchain, that is if the national currency does not exist as a token on an already existing blockchain.

actually there is no harm in also using fiat currency or crypto currency, we take the example of Singapore, this proves the quality of the country in managing it not from the type of its currency.

Another positive move for the crypto currency industry. A nation recognising crypto currency as a formal way of payment will go a long way in increasing the trust of crypto currency among common people and in itself will provide marketing in a way. Just like petro was done with veneuzula it's a great news.

I still find this hard to believe, it looks more like an hype to me but it can work since angullia is a very small country, anyways I won't be too serious on this until it becomes very real, for now I suggest you keep our cool and avoid any unnecessary FOMO

This is a game changer !

This is the only real world case i have seen in crypto and will bring thousands of people that are new into crypto

TEMTUM will be top 10 when this news launches in 2 weeks

I hear they already have binance wanting to list them !

Love the enthusiasm, but not sure if it will be top 10 immediately haha

How true is this OP news? I think if it's not implemented yet you shouldn't make decision on it yet, it's very misleading, many new project always find things to hype with so that many investors can quickly go to exchange to buy their tokens

I haven't read about the binance part, obviously it must be from the grapevine  ;) although am not surprise at all if binance would want to list Tem after they realize the news about tem and Anguilla country National currency partnership,
the team are very serious about this and from the look of things, this will happen pretty sooner than expected, although official news is not yet out but a post from Richard himself in the telegram group is enough confirmation for me 8)

Temtum is a very good altcoin but still new, I always have something for new coins, they can't be entirely trusted until they prove their worth, this feature of been a national currency seem too good to be real, I will rather wait and see that happen first before getting happy about it

Well, it is something. I know it is just Anguilla and I know probably none of us ever heard of it and had to google it as well. But do not forget, the richest man ever to live on this earth was an African who managed to find a way to collect as much gold as he possible could instead of waging wars like crazy and spending it on military like rome did.

So, all temtum has to do is use this advantage of working with a government to spread out without really trying to achieve anything else and not get distracted, if Ripple can become the third biggest ranked coin by working with banks, I am sure temtum could get a lot bigger if they work with governments instead. I am not saying it will happen, I do not own any temtum, all I am saying is the potential is right there.

I can understand the skeptism but this is 100% legit CEO has posted the LOI on the Telegram group!

https://t.me/Temtumofficial/13682

The skepticism is coming from the people who have no clue about this project, don't follow the official group chat for update and those who just want to make a post to increase their post count for their campaigns, otherwise, no sane person will question something that has been made public and currently undergoing serious work,
only those who are interested in the truth will follow that link and read what is written, people are more concerned about price, the real use case of any project is hardly their concern,
TemTum is fighting to have a use case, i hope they can achieve it with hard work and perseverance.

Same, I'm not really interested in observing this project for a profit, but I would love to see this succeed. The major benefit imo with this being a legit project would be that it would be the first (if not one of the first) projects that became a national currency. That could have really big implications for the crypto space as a whole.

I participated in the Bounty company of this project and still can not say a good or bad word about it, because everything that I know about the project tells me about its neutrality.  So far, I have not received a reward, because I froze it for 12 months, thus giving a chance for quality work on the product.  Of course, on this basis, I have a great desire to see the successful development of this project, because my profit depends on its success.

That will be very impressive once everything has been put in place for tem to start functions as a national currency of this country,  I agree, even if the country has small population it is a good start for tem, if they succeed here, then it means there is a possibility of a even bigger country in future,
Between there has been no recent update about the progress,  hope the team are well in this pandemic period.

The title is not true, all the information I saw in the tweet was a discussion with the Prime Minister of Angullia, What makes you sure that Temtum will become Angullia's currency?

Absolutely! This is another so-called crypto project, this is fastest than any other technology, gonna be a national currency, people can send payment without internet and so much bullshit promises they made! But in reality, they have nothing to show! They just had a meetup with the prime minister of Anguilla, nothing else! Once I trusted them a lot and was a holder of TEM coin but with the days, I found this is another typical crypto project, that has a big revolutionary bla bla vision in a dream, but nothing in real!

All I see is just a picture and it doesn't say anything. Therefore we cannot conclude that Temtum is the cryptocurrency used as the national currency.
In case it is accepted as a national currency, it is not the first currency to be used as a national currency. As far as I know, the Venezuelan Petro has been recognized by the Venezuelan government as the country's cryptocurrency. Of course it was a failure but no one could deny that it was first.

The loi has been posted on the telegram group - pretty amazing to see

You need to remember the world right now has stopped - governments are not worrying about projects like this but stopping the spread of the virus - once this virus has stopped we will see news but seriously guys you moan a government hasn’t announced a project in times like this ? You should venture into the real world