Post
Topic
Board Economics
Re: A government can create a cryptocurrency ?
by
STT
on 22/05/2018, 14:45:58 UTC
If the government of my country decides to hold an ICO, then I will participate in the bounty company of this new promising project.

Thats probably the smartest thing for the young especially to do.  Labour is the basic resource which drives any capitalist economy, the smallest measure of time by the hour is what determines a large part of worth and exchangeable value.

Venezuela is trying to setup a cryptocurrency for those that dont know.  However my government and many in the west have sanctions against this country and I cannot really participate.   Effectively the government is trying to bypass Dollar controls and sanctions by using access to crypto to create a market especially based around major buyers for oil.  I dont know it'll work but its an interesting project and makes 2018 a very significant year for crypto  with this experiment being the most bold and far reaching attempt to monetise via only online digital tokens.