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9564734 No.9564734 [Reply] [Original]

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

>> No.9564757
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9564757

>>9564734
Source?

>very lazy anon.

>> No.9564761

They still have countries?

>> No.9564778

>>9564734
Venezuela (my gay ass country) sorta did this, and of course it was a complete scam. Fuck socialism.

>> No.9564783

>>9564734
It means other central banks Will have to accept it as real currency because that's the only way to settle with this country.

>> No.9564789

>>9564757
Some faggot on twitter

>> No.9564795

>>9564734
Didn't IBM say they would drop XLM if a national cryptocurrency was created?

>> No.9564806

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...

>> No.9564850
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9564850

>>9564757

>> No.9564881

>>9564850
They're apart of the UN

>> No.9564924

>>9564881
cyprus

>> No.9564944
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9564944

>>9564881
A part of the UN?
Or apart from the UN?

Anon...

>> No.9564989
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9564989

>>9564850
>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...

>> No.9564992

>>9564795
lmao what random fud. then they would've already dropped it you stupid fuck. petro coin? wake up idiot

>> No.9565040
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9565040

>>9564989

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]

>> No.9565065

>>9565040
Hey its a start.

>> No.9565070

>>9564734
peepcountry

>> No.9565083

>>9564944
Yeah they're part of the United Nations

>> No.9565084
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9565084

>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?

>> No.9565181

>>9564850
Why don't they use Bitcoin directly? It's the most secure network right now

>> No.9565198
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9565198

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

Not a fud

>> No.9565254

>>9565181
I think it's basically a test market for the central banks

>> No.9565358

>>9564992
It was literally illegal for Americans to buy Petrocoin, obviously IBM would not support that. you sound defensive

>> No.9565453

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

>> No.9565602

>>9564806
In the US this would mean no capital gains tax, right...? Not sure I just saw this post.

>> No.9565652

>>9565181
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