A revolutionary idea? ICO for each country...

in #bitcoin7 years ago

Countries are starting to see the benefits of Bitcoin. More importantly, they may be already behind the 8 ball because they are hesitant to adapt. On top of that, you have scammers building fake ICOs, taking bitcoins for their own pleasures.

What if each country built their own fiat currency and sidechain it with Bitcoin? But fund raise it as an IPO? In this way, each country could end of getting some free bitcoin in exchange for it to work their economy. Instead of investing in companies, we invest in the country. You can probably see by now how quickly some countries would not get more or any and fail while all others gain. If you are not helping, not growing, you would not be invested in.

Which country's bitcoin sidechain would you invest in first?

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the Republic of Estonia I think you have planned to do something similar to your program https://e-resident.gov.ee/

The World’s First Government ICO: Estonia Could Offer Its Own Token
https://www.cryptocoinsnews.com/estonia-could-offer-its-own-ico/

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