The Struggle for Independence
Spain’s small but economically vital Catalonia region has declared its independence, but Madrid has decided to keep the region within Spain. it’s like he’s sworn in. While various governments and opinion leaders around the world have different opinions on this issue, the government that declared its independence wants to use a blockchain-based residence system and a national cryptocurrency.
According to a local newspaper in Spain, the manager of the Catalan digital bureau (SmartCatalonia) He has already visited Estonia several times to review digital residency plans. While Estonia was planning its own national cryptocurrency, it was blocked by the President of the European Central Bank.
National Cryptocurrency
The blockchain-based residence system is the first of its kind in Europe There may be bigger news as well. The independent Catalan government may choose to use a national cryptocurrency instead of a central bank. While Russia and Kazakhstan are working for the national cryptocurrency, it probably won’t come as a big surprise if a similar decision comes from Catalonia.
In addition, according to the source, the Catalonian government is concerned about these plans, Ethereum creator Vitalik Buterin’ has already taken advice from:
“The young Canadian of Russian descent suggested they create an ICO for their digital residency platform and go public with a suitable bid to fund the residency platform. A cryptocurrency nested within an ICO…can be financed inside the e-Session ecosystem. This means establishing a completely independent economic community away from the oversight of the Central bank.”
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