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Author Topic: Sovereign Cryptocurrencies  (Read 182 times)
dvabit (OP)
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January 25, 2018, 07:35:56 PM
 #1

http://www.nasdaq.com/article/palestine-may-launch-its-own-cryptocurrency-as-sovereign-legal-tender-cm789408

I am just wondering Palestine don't have own physical currency and Palestine may launch its own cryptocurrency as sovereign legal tender with in next 4 year. But after done some research i found not only Palestine but also some other nations may launch its own cryptocurrency as sovereign legal tender. Here is other article

http://www.hashtaginvesting.com/blog/5-sovereign-perspectives-on-cryptocurrency
allanr
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January 25, 2018, 07:43:24 PM
Merited by asayoyaasa (7)
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Every country can launch their own cryptocurrency but if that currency  got control and regulated by goverment whats the different from fiat money it self. And i dont think in country such palestine cryptocurrency can work perfectly because not all of their people can use it, how cryptocurrency will help them if there still war in every street corner. and if they want to make print money they cant cause they need israelr approval first. so the solution is stop the war. Sry if this post be like more politic talk, cant avoid that cause you talk about palestine.
pey
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January 25, 2018, 07:47:32 PM
 #3

Every country/company/ even maybe some individuals will eventyally launch their cryptocurrencies. It seems current currencies like usd will be not used in the future.

dvabit (OP)
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January 25, 2018, 07:49:45 PM
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Every country can launch their own cryptocurrency but if that currency  got control and regulated by goverment whats the different from fiat money it self. And i dont think in country such palestine cryptocurrency can work perfectly because not all of their people can use it, how cryptocurrency will help them if there still war in every street corner. and if they want to make print money they cant cause they need israelr approval first. so the solution is stop the war. Sry if this post be like more politic talk, cant avoid that cause you talk about palestine.

Not sure it has some politics at all, I am just wondering a nation without any legal tender...   
dvabit (OP)
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January 25, 2018, 07:52:50 PM
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It seems current currencies like usd will be not used in the future.


Well it may happen as much as cryptocurrency craze will grow...
Iamcryptobeggar
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January 26, 2018, 02:56:40 AM
 #6

http://www.nasdaq.com/article/palestine-may-launch-its-own-cryptocurrency-as-sovereign-legal-tender-cm789408

I am just wondering Palestine don't have own physical currency and Palestine may launch its own cryptocurrency as sovereign legal tender with in next 4 year. But after done some research i found not only Palestine but also some other nations may launch its own cryptocurrency as sovereign legal tender. Here is other article

http://www.hashtaginvesting.com/blog/5-sovereign-perspectives-on-cryptocurrency

I am happy to Sweden is doing great job with paperless currency!
dvabit (OP)
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January 26, 2018, 06:35:00 AM
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http://www.nasdaq.com/article/palestine-may-launch-its-own-cryptocurrency-as-sovereign-legal-tender-cm789408

I am just wondering Palestine don't have own physical currency and Palestine may launch its own cryptocurrency as sovereign legal tender with in next 4 year. But after done some research i found not only Palestine but also some other nations may launch its own cryptocurrency as sovereign legal tender. Here is other article

http://www.hashtaginvesting.com/blog/5-sovereign-perspectives-on-cryptocurrency

I am happy to Sweden is doing great job with paperless currency!

Sweden : The report continued that physical bills and coins amount to just 2% of the country’s economy. The U.S., meanwhile, is at 7.7%.
popolite11
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January 28, 2018, 04:08:46 PM
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Folks here are right. Each country (as well as each person) can create cryptocurrency. The question is if it is be good and if it is supported by others. Russia for instance creates its crypto ruble, but I doubt that it will be used outside their country.
MATTX
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January 28, 2018, 04:30:55 PM
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As if we are going back to medieval times, we would be bartering cryptos as each crypto and its followers will supplying something that buyer need.

DERO: CryptoNote Privacy + Smart Contracts   (https://bitcointalk.org/index.php?topic=2525508)
Balab01
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January 28, 2018, 06:25:35 PM
 #10

http://www.nasdaq.com/article/palestine-may-launch-its-own-cryptocurrency-as-sovereign-legal-tender-cm789408

I am just wondering Palestine don't have own physical currency and Palestine may launch its own cryptocurrency as sovereign legal tender with in next 4 year. But after done some research i found not only Palestine but also some other nations may launch its own cryptocurrency as sovereign legal tender. Here is other article

http://www.hashtaginvesting.com/blog/5-sovereign-perspectives-on-cryptocurrency
In Colombia have already launched a Petro coin, which is supported by a national reserve of oil and gold. The practice of national cryptocurrency is quite common.

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