The Marshall Islands will replace the US dollar with its own cyptocurrency!

My fellow Steemians,

The Marshall Islands made their own cryptocurrency to replace the US dollar.

The government has signed the change into a new law, but will still continue to accept the US dollar.


leeabbamonte.com

The new crypto called "the sovereign" will be launched through an initial coin offering with a limited supply capped at 24 million tokens, as a precaution against inflation.

How long will it take for other countries to follow?

Thank you for reading!

https://www.theverge.com/2018/5/23/17384608/marshall-islands-cryptocurrency-us-dollar-usd-currency

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Awesome. Are they the first country to do that as far as you know?

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