Re: Switzerland is launching its national crypto-currency( E-franc)
Switzerland hopes to become a true reference in the crypto-currencies sector and wants to become an indispensable hub for investors. It is for this reason that the authorities are currently working on implementing a regulation favourable to virtual currencies.
Switzerland is in favour of crypto-currencies and it intends to make it known to anyone who wants to hear it. In order to become a leader in the field, the country focuses on the future of digital currencies.
So much so that the federal government has just commissioned a study on the issues and relevance of the e-franc implementation.
This would be a state crypto-currency, of course supported by BlockChain technology.
Switzerland is in favour of crypto-currencies and it intends to make it known to anyone who wants to hear it. In order to become a leader in the field, the country focuses on the future of digital currencies.
So much so that the federal government has just commissioned a study on the issues and relevance of the e-franc implementation.
This would be a state crypto-currency, of course supported by BlockChain technology.
This is just a plan, not yet realized. However, this news can be a trigger for other countries to be able to follow so that more countries are supporting bitcoin and blockchain technology so other countries are aware of the greatness of this technology in effective, efficient and safe data management.
Whoopy, and before you know it you will have a eDollar and a ePound and a eZim and governments all around the world will have their own GovCoin to manipulate at will.
The Bitcoin price will take a massive hit, because everyone will be using these GovCoins and nobody would be supporting Bitcoin. )
(I say it again, this is a bigger threat to Bitcoin than all these other Alt coins combined, because it is backed by these governments.
