In an interview to the local magazine Al-Monitor, the former Industry Minister of Turkey, Ahmet Kenan Tanrikulu, proposed yesterday a state-owned crypto currency called "Turkcoin".
The token will be backed by real assets, like the ones of Turkish Airlines, Istanbul Stock Exchange or Turk Telekom. It's not clear if he asked those enterprises first if they would agree, but that seems to be the norm in Turkey lately.
It's just a proposal so far, and we don't know how much support it has and how much of it is just a PR stunt after Venezuela "Petro" sold for an alleged $735 million this week.
It's interesting to see how governments all over the globe are starting to see the potential of the blockchain (the disruptive potential of it, that is), and how they are trying to protect obsolete structures by "painting" them in the colors of the blockchain.
One of the major advantages of a real cryptocurrency (being it Bitcoin or Ethereum or STEEM) is the fact that it's not owned by any government.
I'm a serial entrepreneur, blogger and ultrarunner. You can find me mainly on my blog at Dragos Roua where I write about productivity, business, relationships and running. Here on Steemit you may stay updated by following me .
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