Author Topic: Bahamas to launch state backed cryptocurrency  (Read 8076 times)

0 Members and 1 Guest are viewing this topic.

Offline bitcoinforum.comTopic starter

  • Administrator
  • Legendary Member
  • *******
  • Joined: Nov 2011
  • Location:
  • Posts: 1498
  • Country: bz
  • Thanked: 71 times
  • Karma: +49/-2
  • Gender: Male
  • The Bitcoin genie is already out of the bottle.
    • View Profile
Bahamas to launch state backed cryptocurrency
« on: June 24, 2018, 08:06:15 PM »

your ads here
Bahamas to launch state backed cryptocurrency

Kevin Peter Turnquest the deputy Prime minister and finance minister of the Bahamas has announced that the Bahaman government will be implementing a state-backed cryptocurrency.

The announcement was made at the Bahamas blockchain and cryptocurrency conference which took place this past week. Turnquest spoke of digital currency as a “way forward for this era of governance” he continued to communicate the importance of cryptocurrencies bare, relaying that many banks had either downsized or pulled out of Bahamian communities entirely. He went on to state the added convenience digital payment systems would bring: “As an island nation, where transportation can be an inconvenience for many, especially the elderly, and costly, we must offer financial services digitally and securely.”.

Read the full article
"Your keys, your Bitcoin. Not your keys, not your Bitcoin." (Andreas Antonopoulos)
Latest stable Bitcoin version
Latest stable Electrum version

Offline popadoodle

  • Newbie
  • Joined: Sep 2021
  • Posts: 15
  • Country: fr
  • Karma: +1/-0
  • HODL!
    • View Profile
Re: Bahamas to launch state backed cryptocurrency
« Reply #1 on: September 14, 2021, 01:31:19 PM »
"state backed cryptocurrency"

I'd prefer a people backed cryptocurrency every time. State backed crypto makes me shudder. Please no.


Iran Announces Gold Backed National Cryptocurrency

Started by Paul88

Replies: 0
Views: 3435
Last post July 21, 2019, 06:21:07 PM
by Paul88
Russian Central Bank to Consider Gold-Backed Cryptocurrency

Started by Paul88

Replies: 6
Views: 8262
Last post July 29, 2021, 04:15:04 AM
by Xandria
Indonesia's Government supports gold-backed cryptocurrency project

Started by Paul88

Replies: 0
Views: 2958
Last post August 20, 2019, 04:28:47 PM
by Paul88
Launch Your Cryptocurrency Exchange & Trading Platform With Zeligz

Started by Pragati

Replies: 0
Views: 1805
Last post October 13, 2021, 11:56:57 AM
by Pragati
Venezuela to Pay Russia With Own Cryptocurrency for Automotive Parts

Started by

Replies: 3
Views: 8942
Last post August 15, 2019, 01:22:14 AM
by pkshop