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Author Topic: Estonia Could Release a National Crypto  (Read 424 times)
Danny Zen (OP)
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August 26, 2017, 02:51:05 AM
 #1

So Estonia as a country is considering releasing their own cryptocurrency. This is getting mighty interesting...

https://medium.com/e-residency-blog/estonia-could-offer-estcoins-to-e-residents-a3a5a5d3c894
limmousine
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August 26, 2017, 04:20:10 AM
 #2

So Estonia as a country is considering releasing their own cryptocurrency. This is getting mighty interesting...

https://medium.com/e-residency-blog/estonia-could-offer-estcoins-to-e-residents-a3a5a5d3c894

Good news and I think this is a development in the world of crypto, hopefully this is quickly realized and other countries also follow.
hodlftw
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August 26, 2017, 05:21:05 AM
 #3

This is brilliant news, it seems like we are one step closer to a more decentralized world. I wonder if they are going to use Mothership at all, great news nonetheless

senin
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August 26, 2017, 06:47:19 AM
 #4

Creation of national crypto-currencies other than Estonia was also announced by Russia and Ukraine, it seems, Australia and some other countries. The fact that the world of crypto currency is expanding, it's good. However, in these cases, the creation of a crypto currency will be the government of individual countries that are used to controlling all processes. It does not turn out that we will eventually lose the principles of the decentral
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August 26, 2017, 08:40:35 AM
 #5

I'm not especially enthusiast about it !

- That's true that it could be easy for estonian citizens to use their FIAT money in a crypto way with payment app
- That's true it  will be easier for banks to store and audit transactions

BUT this will absolutely not be decentralised. We priorly need  privacy and decentralization not an easy payment system 

What is your opinion ?


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Danny Zen (OP)
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August 28, 2017, 04:47:24 PM
 #6

I'm not especially enthusiast about it !

- That's true that it could be easy for estonian citizens to use their FIAT money in a crypto way with payment app
- That's true it  will be easier for banks to store and audit transactions

BUT this will absolutely not be decentralised. We priorly need  privacy and decentralization not an easy payment system 

What is your opinion ?

I know exactly what you mean. I'm ambivalent on it. I would say if any country is going to release a crypto without fucking everything up, it would probably be Estonia Smiley
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