Iran launches crypto

in brainfeed •  13 days ago

A nation state backed crypto, and a gold backed one at that.
This is a first.
Gold backed crypto has been a much needed thing since BTC was first released.

Hopefully Iran opens up trading to people globally, although they still have some restrictions on owing & holding other cryptos by citizens.
It will be interesting to see how the global bankers react to this, especially those in the USA, and what effects it has on sanctions.

After the Petro was attacked by the banking cartel, Iran is in a position to move the whole crypto world forwards.
Adoption by millions of people can only aid in that effort.

Time will tell

https://www.cryptoglobe.com/latest/2019/02/iran-launches-gold-backed-cryptocurrency-paymon/

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