{"id":8173,"date":"2014-09-04T13:05:34","date_gmt":"2014-09-04T18:05:34","guid":{"rendered":"http:\/\/library.waubonsee.edu\/wordpress\/?p=8173"},"modified":"2021-11-27T22:10:04","modified_gmt":"2021-11-28T03:10:04","slug":"introducing-the-worlds-first-national-digital-currency","status":"publish","type":"post","link":"https:\/\/library.waubonsee.edu\/wordpress\/2014\/09\/04\/introducing-the-worlds-first-national-digital-currency\/","title":{"rendered":"Introducing the World&#8217;s First National Digital Currency"},"content":{"rendered":"<p style=\"text-align: center\"><a href=\"http:\/\/www.citylab.com\/politics\/2014\/09\/introducing-the-worlds-first-national-digital-currency\/379614\/\"><img decoding=\"async\" src=\"http:\/\/library.waubonsee.edu\/wordpress\/wp-content\/uploads\/2014\/09\/lead_large.jpg\" alt=\"\" \/><\/a><\/p>\n<blockquote>\n<p class=\"annotatable\"><span class=\"anno-span\">Ecuador is on track to become the world\u00e2\u20ac\u2122s first nation to create its own digital currency. The country\u00e2\u20ac\u2122s central bank\u00c2\u00a0<a href=\"http:\/\/elcomercio.pe\/tecnologia\/actualidad\/ecuador-prohibe-bitcoin-crear-su-propia-moneda-digital-noticia-1753391\" target=\"_blank\" rel=\"noopener\">announced last week<\/a>\u00c2\u00a0(link in Spanish)\u00c2\u00a0that it would begin distributing the yet-to-be-named\u00c2\u00a0currency\u00c2\u00a0in December.<\/span><\/p>\n<p class=\"annotatable\"><span class=\"anno-span\">Backed by liquid assets, the currency will initially rely on demand to\u00c2\u00a0dictate how much will enter the marketplace, the bank explained.<\/span><\/p>\n<\/blockquote>\n<p><a href=\"http:\/\/www.citylab.com\/politics\/2014\/09\/introducing-the-worlds-first-national-digital-currency\/379614\/\">Introducing the World&#8217;s First National Digital Currency &#8211; CityLab<\/a>.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Ecuador is on track to become the world\u00e2\u20ac\u2122s first nation to create its own digital currency. <\/p>\n","protected":false},"author":5,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"footnotes":""},"categories":[3],"tags":[952,951],"class_list":["post-8173","post","type-post","status-publish","format-standard","hentry","category-did-you-know","tag-ecuador","tag-national-digital-currency"],"_links":{"self":[{"href":"https:\/\/library.waubonsee.edu\/wordpress\/wp-json\/wp\/v2\/posts\/8173","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/library.waubonsee.edu\/wordpress\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/library.waubonsee.edu\/wordpress\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/library.waubonsee.edu\/wordpress\/wp-json\/wp\/v2\/users\/5"}],"replies":[{"embeddable":true,"href":"https:\/\/library.waubonsee.edu\/wordpress\/wp-json\/wp\/v2\/comments?post=8173"}],"version-history":[{"count":3,"href":"https:\/\/library.waubonsee.edu\/wordpress\/wp-json\/wp\/v2\/posts\/8173\/revisions"}],"predecessor-version":[{"id":9973,"href":"https:\/\/library.waubonsee.edu\/wordpress\/wp-json\/wp\/v2\/posts\/8173\/revisions\/9973"}],"wp:attachment":[{"href":"https:\/\/library.waubonsee.edu\/wordpress\/wp-json\/wp\/v2\/media?parent=8173"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/library.waubonsee.edu\/wordpress\/wp-json\/wp\/v2\/categories?post=8173"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/library.waubonsee.edu\/wordpress\/wp-json\/wp\/v2\/tags?post=8173"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}