Finally it happens. Sweden made an unprecedented move, announcing that it was formally issuing the country's crypto currency.
The Swedish government has just reported that the platform for the national crypto currency has been approved conclusively and this is the Kryptonex Research Group. The sale of Swedish coins officially begins on Tuesday, April 17, and currently this coin can only be purchased from the Kryptonex Research Group.
Industry experts were not surprised when Sweden chose Kryptonex as a partner to issue official crypto currency. They value the value that Kryptonex gives to its customers.
The company, according to the Swedish government, is widely known as the best in the industry
It's amazing that Kryptonex representatives say that their new official price for a coin is only 0.3 cents! The coins are very cheap, compared to other coins.
Bitcoin, for example, trades at 7,000 euros, and Ethereum trades around 500 euros.
Michael Soros, talking about the new Swedish Crypto currency, in particular, says:
"When a large company announces partnership with private crypto currency, afterwards, as a rule, the price of this coin rises.I can not wait to find out what will happen when the government officially recognizes crypto currency.
When the name of the Swedish crypto currency is announced, many people will become millionaires in almost one night. "
In just 4 hours the price of the Swedish crypto currency increased from 0.33 to 0.78 since the opening of the auction, in Kryptonex they say they predict the growth of coins in the price 4 times in 48 hours. Their track record speaks for itself, not surprisingly that Sweden chose this company.Sweden's central bank estimates that last year only 15% of payments were made in cash, 40% lower than in 2010. The remaining payments were made using cellular wallets, credit cards, and other means.
The situation puts the local banker before the question: can the state make a choice that supports the digital currency, leaving the paper money. And if so, should it be based on the same technology as bitcoin.
Local CBs understand that the central bank's introduction by the central bank, whose sense is decentralization, is at least strange. In this case, he has made a statement that the final effectiveness and security of detachments has not been proven. An alternative may be the centralized crypto currency, eCron.
According to Swedish experts, the official crypto currency will be able to combine plus public money, and an independent crypto currency. The bottom line is that digital money, like cash, will provide anonymity, but they will not be as volatile as modern crypto currency. The publication writes that Sweden has surpassed other countries in designing its national crypto currency and is likely to be the first country in the world to abandon traditional money, replacing it with digital money.
Of course, the fact that coins have grown right after the start of sales and can grow four times in 48 hours, contrary to the assumption that it will not experience volatility. If there is such growth, then it is likely to fall. But the main thing is that the coin of the country can in theory replace the actual crypto currency in the future.