Post
Topic
Board Economics
Re: Central Bank of Uruguay announces launch of own crypto currency
by
btc_angela
on 07/11/2017, 07:28:54 UTC
Central Bank of Uruguay announces launch of  own cryptocurrency, lets discuss, what effect it will make for their economics.

Economics of bitcoin? No significant effect because Uruguay is not yet a big players in bitcoin market. But as far as their own economic situation? Maybe it will help them somewhat because it a government back crypto. However, expect high taxes on that since its government control. I believed that only rich people can bought every government back cryptocurrency, because you haven't heard casual or ordinary citizens buying mutual funds or local stock markets do we?