Why Governments Will Create Their Own Cryptocurrencies (Op-Ed)

By May 20, 2015Bitcoin Business

No sane person can deny the many benefits of cryptocurrency compared to fiat, and certainly the government can’t deny them, either. The age of e-money seems to be taking off. Although the government of Ecuador banned Bitcoin in July 2014, for example, it rolled out its own e-currency, an “electronic money system” (SDE in Spanish), in December. Among the reasons cited for doing so, one is how much cheaper it is to renew the […]

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