Sweden Officially Backs a Cryptocurrency and Establishes It As Their Official Co

[Saliya11]

It’s finally happened. A major worldwide government has just bestowed a huge vote of confidence and legitimacy onto the world of cryptocurrencies. Sweden, in an unprecedented move, just announced that they are officially adopting a certain cryptocurrency as Sweden’s official coin!

[sabine80]

that is a really great news for the whole crypto world. i am very curious which coin will be there, but i think and hope it will be bitcoin (or eth). do you have any links to confirm your news?

[Saliya11]

that is a really great news for the whole crypto world. i am very curious which coin will be there, but i think and hope it will be bitcoin (or eth). do you have any links to confirm your news?

http://onlinewealthnews.com/crypto/?utm_content_id=2972303&utm_boost_id=462899&utm_targeting=coindesk.com&utm_widget_id=81252&sxid=n0l5ekq443k2

[sabine80]

that is a really great news for the whole crypto world. i am very curious which coin will be there, but i think and hope it will be bitcoin (or eth). do you have any links to confirm your news?

http://onlinewealthnews.com/crypto/?utm_content_id=2972303&utm_boost_id=462899&utm_targeting=coindesk.com&utm_widget_id=81252&sxid=n0l5ekq443k2

thanks! 

[Herbert2020]

that is a really great news for the whole crypto world. i am very curious which coin will be there, but i think and hope it will be bitcoin (or eth). do you have any links to confirm your news?

it is neither of those!
OP is trying to be vague about it for some reason. the real news is here: www.businessinsider.com/sweden-cryptocurrency-e-krona-riksbank-2018-1
and it is saying they are creating their own cryptocurrency which is only based on bitcoin and the blockchain technology.
and contrary to what the article says Sweden is not at all the first country! they are at least the 5th one. there is already Venezuela with their own cryptocurrnecy called Petro, there is India with their own called Lakshmi,...

[vit05]

This is relatively old news, from January. And so far no new developments have come up. This type of topic does not add anything since the OP brought little technical information about it.

[rommelzkie]

Good Job for sweden. I hope more and more countries will follow what sweden did. If this happens, Then bitcoin and its block chain technology will ultimately become popular. And with that, Many people will buy more bitcoins. I hope that NEW ATH for bitcoin will be reached within this year

[peter0425]

that is a really great news for the whole crypto world. i am very curious which coin will be there, but i think and hope it will be bitcoin (or eth). do you have any links to confirm your news?

it is neither of those!
OP is trying to be vague about it for some reason. the real news is here: www.businessinsider.com/sweden-cryptocurrency-e-krona-riksbank-2018-1
and it is saying they are creating their own cryptocurrency which is only based on bitcoin and the blockchain technology.
and contrary to what the article says Sweden is not at all the first country! they are at least the 5th one. there is already Venezuela with their own cryptocurrnecy called Petro, there is India with their own called Lakshmi,...

Yes you are correct, there are a lot of crypto back currency by a government. As far as I know that there even more before the Petro (Venezuela) and Crypto Rubble (Russia) but they all failed.

But I'm not surprised by the move of Sweden because first they are one of the friendlies crypto country you can find, second they have strong financial institutions and even experimenting on a cashless society. So it would make sense for them to get their own coins as alternative to cash.

[aoluain]

that is a really great news for the whole crypto world. i am very curious which coin will be there, but i think and hope it will be bitcoin (or eth). do you have any links to confirm your news?

it is neither of those!
OP is trying to be vague about it for some reason. the real news is here: www.businessinsider.com/sweden-cryptocurrency-e-krona-riksbank-2018-1
and it is saying they are creating their own cryptocurrency which is only based on bitcoin and the blockchain technology.
and contrary to what the article says Sweden is not at all the first country! they are at least the 5th one. there is already Venezuela with their own cryptocurrnecy called Petro, there is India with their own called Lakshmi,...

Yes what a vague op. Some people need to realise that no country is going to adopt an
existing decentralised currency, instead they are going to create their own which they
can issue, control and regulate themselves.

[cryptohunter]

won't work ... centralised crypto is non global and a waste of effort. People will prefer btc.

you can not compare this kind of ledger to bitcoins trustless decentralised system. The initial distribution through POW is key.

[Wendigo]

Interestingly enough, if you write e krona into Google a price tracker shows up on top of the page showing

Code:

e Swedish kronor = 0.319324721 U.S. dollars

The current price is quite low compared to that article's value of around $1. Why the dip? And where can we see what's the max amount of coins in circulation and how many coins have been minted?

And this is from the Kryptonex site:

Current price of one of Sweden's official coin is only €0.81,
a small investment of €250 will buy you 308 coins.

Famed hedge funder turned crypto-investor Michael Novogratz says:
"Sweden's coin could be at €5,000 per one by end of April, 2018"

Can anyone who has bought Sweden's coins recently tell us what the current price is?

[shadyrifles]

This news was out publicly in January by HSBC economist James Pomeroy, stated that 'Sweden's position as potentially the world's first cashless society'  
The Central Bank of Sweden, Riksbank is planning to launch a national cryptocurrency called e-Krona withing 2 Years.
You can read more here about his statement http://bitcoinist.com/sweden-set-become-first-economy-introduce-cryptocurrency/

[Xester]

It’s finally happened. A major worldwide government has just bestowed a huge vote of confidence and legitimacy onto the world of cryptocurrencies. Sweden, in an unprecedented move, just announced that they are officially adopting a certain cryptocurrency as Sweden’s official coin!

Well, finally my prediction since 2016 have already occurred. It was only my observation but since there are several meetings across the world made by the  banks and government officials I cam up with the conclusion that it will be only a matter of time that a certain country will have its own cryptocurrency . It was first idealized by China when they called up all Asian countries to create one currency that will be used among all countries in Asia but that was not realized. Then, at last Sweden was the first country to do it.

[Paractor]

But who says it will be globally accepted if they want to use this for people outside of Sweden?
If not then their new cryptocurrency will be worth as much as their local fiat is now.

[nasibakar]

How to participate using BTC or ETH?
Please share the link

[dangkhoasn]

I like this news. A positive signal about cryptocurrencies. Hope other countries will do the same. Cryptocurrencies are becoming more widespread in 2018.

[idelawire]

This is a great news if Sweden adapt cryptocurrency may be this coin is their own coin or possible chances is bitcoin. if all countries accept crypto and regulate than bitcoin and other currency future will be bright and i hope this currency will be core currency of world and most peoples can use for purchase goods and services.