Meet The First Government Issued Crypto Currency
Recently, I had talk with a friend of mine who is new to cryptocurrencies, and I remember telling him the Governments will soon give in to legalizing cryptocurrencies.
Today, the Venezuelan Govt has taken the first step. More Govts coming.
Soon, other countries will join the train. Cant wait for African countries
We need it more here in Africa. Our Governments are poor and needs a transparent way of generating funds for running the Governments.
But first, let's see what comes out of the Venezuelan Crypto Coin.
wow .. this is interesting information
I hope many more Government can use Crypto to solve Governement financial crisis as the Start-ups as been using Cryptos to raise fund for their various projects
great..
thank's for sharing
You are welcome. I am writing a full story about it soon.
And yet my country wannt prohibited it.
Most countries fear the power of a people's issued currency as they see it has giving power to the people. I remember a banker's say
Governments want to be the one to always make the rules. I pray Venezuela Government becomes successful with this
Every good things comes with bad sides.. I love the fact its being legalized, some country may go haywire if they eventually does... Kidnapping, looting and the likes can go on without any trace...
You are right @sweetestglo-eu, but I still believe on the good side of crypto than the bad side; all these bad things still happen with the fiat currencies too.
The eyes of the world is on the Venezuelan Government to see what become of their Crude Oil Backed Crypto.
Thanks for your comment.
Good post
wow this is interesting information today the venezuelan govt has taken the first step. i like it. thanks for the share.
Congratulations @lucashunter! You have completed the following achievement on Steemit and have been rewarded with new badge(s) :
Click on the badge to view your Board of Honor.
If you no longer want to receive notifications, reply to this comment with the word
STOPCongratulations @lucashunter! You have completed some achievement on Steemit and have been rewarded with new badge(s) :
Click on the badge to view your Board of Honor.
If you no longer want to receive notifications, reply to this comment with the word
STOPDo not miss the last post from @steemitboard!
Participate in the SteemitBoard World Cup Contest!
Collect World Cup badges and win free SBD
Support the Gold Sponsors of the contest: @good-karma and @lukestokes
Your level lowered and you are now a Red Fish!
Do not miss the last post from @steemitboard!
Participate in the SteemitBoard World Cup Contest!
Collect World Cup badges and win free SBD
Support the Gold Sponsors of the contest: @good-karma and @lukestokes