A growing number of governments and central banks around the world are looking to the possibility of issuing their own digital coins these days. The latest financial institution to join this trend is the Caribbean central bank of Curaçao and Sint Maarten.
Crypto Guilder
Caribbean Central Bank Explores Issuing Its Own Digital CoinCentrale Bank van Curaçao en Sint Maarten (CBCS), the central bank for the Netherlands Antillean guilder, is set to explore the feasibility of issuing a digital guilder to facilitate financial payments within the monetary union of Curaçao and Sint Maarten. For this purpose, the bank signed a Memorandum of Understanding (MOU) with Barbados-based Bitt Inc., a crypto company which is part of the portfolio of Overstock.com’s Medici Ventures.

“The MOU clears the way for collaboration and information sharing regarding a feasibility study, designed to determine the viability and functionality of using a central bank-issued digital guilder within the financial ecosystems of each member, and across both members of the monetary union,” explained Rawdon Adams, CEO of Bitt.

Cashless Society
Caribbean Central Bank Explores Issuing Its Own Digital CoinGovernments and central banks who previously expressed interest in creating an altcoin of their own listed several types of reasons for the possibility. Countries with restricted access to the global financial markets, such as Venezuela, Iran, and Russia see cryptocurrencies as a way to bypass economic sanctions. In contrast, more well-connected institutions see digital coins as a way to increase supervision on transactions in their domain by eliminating fiat cash. The latter appears to be the reason in this case.

Mrs. Leila Matroos-Lasten, acting President of the CBCS, said: “The central bank is determined to address its challenges proactively by exploring the latest technology available, for example, to reduce the level of cash usage within the monetary union, and to facilitate more secure, more AML and KYC compliant, and more efficient financial transactions within and between Curaçao and Sint Maarten. The CBCS herewith recognizes the transformative potential of innovation and technology and is committed to exploring solutions regarding the efficiency of cross-jurisdictional transactions and digital payments whilst ensuring compliance and security assurances obtained by these state of the art (fintech) solutions. This would be beneficial to everyone.”

Comparison is the eternal problem of man. We can not stop them, just listen to them and filter the information.

It came already. I think it will recovery from end of 2018.

See! You got deversed experiences and lessons which will make you success in the future.

I got the first payment when I was a newbie, at that time I finished a task of ICO, and I got 4$.

Yes, you should know that risks always go hand in hand with profits

Alt coin has cheaper price and it has not too fluctuation in its price.
Also Alt coins are very diversity which can apply in various markets, in various case of transactions.

Under a bad situation of market, everyone will affect badly on their investment. Problem is that base on special situation of each people, they should have good solutions for overcome the difficulties problem and wait for a  better market.

Yes, I think

Its investment, its popularity and its acceptance power.

In this slow down current situation market, you shoud hold your coins because any wrong movement may lead to big loss.

I had experiences in wrong time of taking decision.

Anyway, I hope it recovery soon.

It is waiting for new signals in the market.
It just needs a positive news and it will recovery soon.

It is a good spot light in the dark or raning day, you know.
Thanks for that!

I think the most factor which makes you be patient is your strong finance health.
Let's imagine when you lost almost all your investment in Crypto and now the market did not any good sign to recovery. Do you still sit there and said that you did not panic.
This slowdown market killed many investors, especially small and new ones.

I think you should hold to wait for a good situation of market.

It depends on your financial health.
But i think you should start with a little investment.

I also have a little of patience.
The feeling likes siting on the fire.

You should review the team, who are they, what are their capacities and their success in the past.