That a country poses, create your own crypto has become more common during the year, starting with the case of China. In addition, there is the case of designing a crypto for a group of countries, such as the issue with the European Union. However, this is the first time in CriptoTendencia we set forth the idea of a crypto to a religion, being muslim, which also has the goal of challenging the american dollar.
Contents
Unified Muslim Cryptocurrency
During the Kuala Lumpur Summit 2019, being the event where muslims from all over the world gather to discuss ideas, proposals and plans for the development of the countries that follow the religion. Participants include the countries, Malaysia, Turkey, Iran, Qatar and Indonesia. Highlighting that the topic of crypto was expected to appear, given the political upsurge during the year. The idea was brought to the prime minister of Malaysia, Mahathir Mohamad, the president of Iran, Hassan Rouhani, and the president of Turkey, Recep Tayyip Erdogan. During his panel discussed the possibility of creating a crypto unified the muslim countries. The project titled Unified Muslim Cryptocurrency, to what the press who covered the event explained: “Rouhani proposed a financial payment islamic muslim countries who trade in local currencies and the creation of a crypto-muslim to reduce the dependence of the us dollar and weathering the effects of the fluctuation of the market.” After the roundtable, asked the prime minister of Malaysia on your response to the suggestion of Rouhani a crypto-muslim. According to Bernama, the news agency of the Malaysian government: prime minister Tun Dr Mahathir said he is open to the idea of a criptomoneda unified the muslim countries.
Competition against the dollar
It can be seen that the statements from Rouhani that the crypto-muslim seeking to compete in the financial markets against the dollar. Implying that looking to break or reduce the influence of the currency on international trade, at least in their countries. In addition, he urged the muslim nations to “deepen financial cooperation and trade to combat what he described as the economic hegemony of the united States”. “The muslim world should design in measures to save himself from the domination of the dollar of the united States and the regime of u.s. financial,” he said. Recalling that the united States currently has sanctions against Iran. In addition, a Senate committee approved a bill last week to impose sanctions on Turkey. Therefore, it can be seen that the crypto if a well poses a religious relationship, its purpose is the independence of the countries against the dollar. To finish, we invite you to leave in the comments who think about it. The following two tabs change content below. I am a student of economics, interested in innovation and technological development, always faithful to that tomorrow will be a better day.