30 Aug '14, 11am

Ecuador: The First Nation to Create its own Digital Currency #bitcoin #ecuador

Ecuador: The First Nation to Create its own Digital Currency #bitcoin #ecuador

Ecuador: The First Nation to Create its own Digital Currency #bitcoin #ecuador Details Twitter Share CCN reported on the government of Ecuador’s decision to ban Bitcoin, along with all other cryptocurrencies, via a National Assembly majority vote on July 23rd. An outright ban placed on Bitcoin by one nation, or another, has always been inevitable. What is more interesting (and unexpected), in the case of Ecuador, is its concurrent announcement of plans to create its own national cryptocurrency. Ecuador is small South American country situated in the Andes, between Peru and Colombia. The country’s booming mining economy and hydro-electric output is sizable and in 2013, Ecuador’s economic growth surpassed that of it’s giant neighbor, Brazil. Glossing over the practical benefits such as a public record of government transaction, elimination of counterfeiting, reduction of pub...

Full article: http://mercadonews.com/v5/index.php/Tech/ecuador-the-firs...

Tweets

Ecuador

hosted.ap.org 29 Aug '14, 5pm

QUITO, Ecuador (AP) -- Ecuador is planning to create what it calls the world's first digital currency issued by a central ...

#Ecuador prohíbe #bitcoin para crear su propia moneda digital ► (Vía @tecnoycienciaEC)

#Ecuador prohíbe #bitcoin para crear su propia ...

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