After Bitcoin's inevitable rise, virtual money news has begun to come on the agenda much more. Recent developments reveal the growing importance of virtual money. Because Estonia has begun to try to provoke a province to officially drive its own virtual money to the market ...
Estonia has taken important steps in the field of digitization, announced that it has decided to create its own virtual currency.
Estonia will own the title of being the first country to use virtual currency in the world if this project is passed on.
According to economists and technology experts, virtual money will end up using classic money very soon. Estonia, which has been working to become the Internet country, has been living a so-called e-Residency, which means electronic citizenship, in 2015, making a major global move.
Over the past 3 years, more than 22 out of 138 countries have had e-Residency visas. If the project 'Estcoin' becomes real, they will be able to trade with Estonia's own virtual currency. In the meantime, the birth rate in Estonia is under the e-Residency applications.
Representing Estonia e-Residency Director Kaspar Korjus, who is one step ahead of other countries thinking of entering the crypt currency with their experience of e-Residency since 2015, it is clear that they are starting to work for public offering, but it is unclear when the supply date will be realized.
Estonia will encourage other countries
In Denmark and Sweden, the advance payment is about to close. Swedes make 90 percent of their payments by bank card. 11 percent of people say they no longer need the cash money. There is a cash payment limit in southern European countries.
The president of the European Central Bank yesterday rejected the idea that Estonia, member of the euro zone, could use their own crypto-currency https://qz.com/1072740/mario-draghi-of-the-ecb-dashes-estonias-plan-for-an-estcoin-cryptocurrency-backed-by-the-government/