Marshall Islands Plans To Launch National Cryptocurrency

in #steemit7 years ago

Hey Cryptpeople

Another country is launching it's own cryptocurrency!

The Marshall Islands are doing an ICO before the end of 2018.

They have 53.000 citizens and are currently using USD.

That's why they want to launch their own currency to get closer to national liberty.

So if you want to retire in a crypto friendly region after making enough money trading this might be the place. :)

If you like this post please comment, upvote and/or resteem for my occasional beer. ;)

Check out my Blog for other interesting topics on Crypto News & Trading and ICO's! https://steemit.com/@flojo99

Happy Gainz!

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i honestly don't think these countries that launches cryptos will ever get anything out of it. where is the use case? is it going to replace their native currency? are we gaining something from holding this currency? all of those are a big fat NO.

the puplicity is good and all but i highly doubt this will amount to anything.

I think the main reason why they do it is because to create an own fiat currency for such small countrys is way to expansive! And I can totally understand that they don't want to be bound to the USD and it's regulations! And of course it shows that people start to trust in crypto!
What do you guys think?

I share the same sentiment

That will be nice and good for a small nation, hope it meeet the cryto standard

I think so too!