An actual country will announce a cryptocurrency as their national currency this week...

An actual country will announce a cryptocurrency as their national currency this week. Do you neets understand the implications?

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Source?

>very lazy user.

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They still have countries?

Venezuela (my gay ass country) sorta did this, and of course it was a complete scam. Fuck socialism.

It means other central banks Will have to accept it as real currency because that's the only way to settle with this country.

Some faggot on twitter

Didn't IBM say they would drop XLM if a national cryptocurrency was created?

I hope that doesn't mean bitcoin will be declared a currency, because that would mean paying Forex tax for me. Crypto has no tax...

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They're apart of the UN

cyprus

A part of the UN?
Or apart from the UN?

user...

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>The Marshall Islands, officially the Republic of the Marshall Islands (Marshallese: Aolepān Aorōkin M̧ajeļ),[note 1] is an island country located near the equator in the Pacific Ocean, slightly west of the International Date Line. Geographically, the country is part of the larger island group of Micronesia. The country's population of 53,158 people (at the 2011 Census[5]) is spread out over 29 coral atolls,[2] comprising 1,156 individual islands and islets.

Go on...

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lmao what random fud. then they would've already dropped it you stupid fuck. petro coin? wake up idiot

The islands have few natural resources, and their imports far exceed exports. According to the CIA, the value of exports in 2013 was approximately $53.7 million while estimated imports were $133.7 million. Agricultural products include coconuts, tomatoes, melons, taro, breadfruit, fruits, pigs and chickens. Industry is made of the production of copra and craft items, tuna processing and tourism. The GDP in 2016 was an estimated $180 million, with a real growth rate of 1.7%. The GDP per capita was $3,300.[46]

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Hey its a start.

peepcountry

Yeah they're part of the United Nations

>In 2018, the Marshall Islands became the first country to issue their own cryptocurrency and certify it as legal tender.[48]

So are you fudding XLM?

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Why don't they use Bitcoin directly? It's the most secure network right now

Principality of Sealand. The 5 resident country and they will accept bitcoin cash and knight Roger Ver.

Not a fud

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I think it's basically a test market for the central banks

It was literally illegal for Americans to buy Petrocoin, obviously IBM would not support that. you sound defensive

BTC has been legal tender in glorious Nippon since last year.

In the US this would mean no capital gains tax, right...? Not sure I just saw this post.

are you retarded? they are going to run the blockchain themselves so they can control the supply, no country would ever use some decentralized piece of shit