I was contemplating possible future events within the crisis regions of Spain and the self proclaimed independent Catalonia.
Some pundits write as cryptocurrency enthusiasts, and look at news events and markets as forecasts for investors or speculators in virtual currencies. For instance I read a Forbes op-ed report explaining how crises in Spain, Greece and the E.U. will increase the value for Bitcoins (and presumably other VCs too).
But rather than share more speculation, I think information about virtual currencies in those regions would be more helpful.
So let’s get started.
PesetaCoin: The Spanish Cryptocurrency
We wish it to be the most widely used cryptocurrency in Spain, even above Bitcoin. Not only for online payments, but also in brick and mortar stores. Globally, we want it to be used and respected. -CryptoMP
PesetaCoin: A Spanish Virtual Currency…
bitcoinmagazine reports, “6 million unemployed, youth unemployment over 50%, booming debt, rampant corruption, oppressive laws and an economy predated by bankers, Spain is not looking good.”
Visit pesetacoin.info for details.
Title: ¡Vuelve la Rubia! Pesetacoin la Nueva Criptomoneda Española
Video posted 06 Sep 2017 by David Battaglia
Catalonia creates a national crypto currency
By Olga Novikova October 27, 2017
The authorities of Catalonia are planning to create a “cloud” economy. Despite the fact that the country has a complete crisis of all state institutions associated with attempts to secede from Spain, the Catalan government plans to start producing its own crypto currency.
[…] The authorities of Catalonia suggest that the emergence of a new virtual currency in the country will lead to the emergence of an absolutely independent community that will not be regulated by central banks. –Read more …
Catalonia Considering Cryptocurrency Post-Independence, Advised By Ethereum Creator
The small but economically vital Catalonia region of Spain has declared its independence, but Madrid vows to keep the region a part of Spain. While governments and thought leaders around the world line up behind opposing sides, the would-be independent government is looking to use a national cryptocurrency and a Blockchain-based residency system.
According to a local newspaper in Spain, the Catalonian director of the digital office (called SmartCatalonia) has already visited Estonia on a number of occasions in order to understand their digital residency plans. Estonia famously made news when their plan for a national currency was harshly shot down by the European Central Bank President.
While the Blockchain residency program would be the first of its kind in Europe, perhaps the bigger news is that an independent Catalan government would likely not have a central bank, choosing a national cryptocurrency instead. With Russian and Kazakhstan already suggesting national cryptocurrencies, the move would not come as a huge surprise. –Read more…
I Haven’t Seen Any Allies For Independent Catalonia
I searched and search the internet, and as yet I have not found foreign support for independent Catalonia.
Catalonia’s independence has embarked upon a difficult task.
I searched further to find only the digital currency efforts as a alternative monetary policy, national currency (even though a Catalan currency would not be accepted internationally), I’m not sure about a complementary currency in Catalonia.
What is SmartCatalonia?
… It may not be so “smart” for individuals seeking freedom and self defense/threat management from technocratic institutions (such as the European Commission).
Please inform me if you find any recent advances with a virtual currency for Barcelona or elsewhere in the Catalonia Republic.
Unless the rebels act quickly to implement alternative money and armed defence their civil and peaceful defiance may fail.
The tea leaves are indicating a failed attempt at independence, especially when the director of police (Pere Soler) stepped down in a sad letter stating how unfair Spain’s directives are (artículo 155 de la Constitución). Rather than defy Spain and remain at his post he leaves.
As far as I was able to discover the only armed force capable of defending independent Catalonia was the Mossos d’Esquadra (police).
My internet search failed to find any foresight on the part of the rebels, to thwart the violent responses expected to come from Madrid, Spain.
Apparently, the rebels/separatists will rely on perseverance (civil disobedience) over months-to-years to defeat the armed Spanish occupation expected to come.
Catalonia is implementing a honourable and less bloody strategy for rebellion to be sure, and only the seasons to come will reveal the outcome. ~Ron