Proposing a U.S. Sovereign Cryptocurrency and Free Trade Zone
In February 2018, there was a small news item that didn’t get near the attention that is deserved. It described how The Marshall Islands–formerly a U.S. Territory, but now an independent sovereign nation–plans to launch it own cryptocurrency, called the SOV and use it as legal tender. This will be the world’s second sovereign cryptocurrency. (Venezuela has announced pre-sale of a national crypto that is backed by oil. But the Marshall Islands SOV is a much more legitmate venture.) Sovereign Cryptocurrency For any sovereign nation to release a legitimate sovereign cryptocurrency and give it legal tender status is huge news–even if …