Only Cryptocurrencies can save Poor Countries!

What instruments are central banks using?

https://money.visualcapitalist.com/worlds-money-markets-one-visualization-2017/

What about Small Countries?

  1. EOS (one of the over 5000 cryptocurrencies), which collected over $4 billion through their ICO, and
  2. Tether, another great example of a cryptocurrency. Tether is pegged to the USD and so is a stablecoin. A stablecoin is a cryptocurrency that can be backed by another stable asset, like gold or the U.S. dollar, or can be un-backed whereas they are then tied to an algorithm (for example the currency DAI). It is a currency that is global, is not tied to a central bank, and has low volatility, allowing for practical usage like paying for things every single day. The market cap of Tether is currently over $4 billion.

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