[2018-03-02]Switzerland Considers Releasing Its Own First Cryptocurrency “E-Fran

[Vladdirescu87]

Swiss stock exchange chairman Romeo Lacher has proposed to introduce an innovative national digital currency to the financial market. He explained that the new trading coin, “e-franc”, will help to stimulate the economy of the country, in addition to being a more beneficial payment system compared to traditional systems.

According to reports, Mr Lacher also admitted that there would be a lot of upsides while developing a state-regulated virtual coin. Besides, the chairman added that the stock exchange would express big support for any projects like that.

Read the details in the article of Coinidol dot com, the world blockchain news outlet: https://coinidol.com/switzerland-considers-releasing-cryptocurrency/

[bbc.reporter]

What kind of benefits are they talking about here? I would prefer to hold a centrally issued but fungible paper currency than hold a type of digital fiat issued by the government. Who knows what kind of nasty things the regulators do in the background.

They might collect all your spending habits and all the other financial information about you. That should all remain private, no ifs no buts.