{"id":249,"date":"2014-05-27T08:32:00","date_gmt":"2014-05-27T08:32:00","guid":{"rendered":"http:\/\/blog.holytransaction.com\/top-5-national-altcoins-available-today\/"},"modified":"2014-05-27T08:32:00","modified_gmt":"2014-05-27T08:32:00","slug":"top-5-national-altcoins-available-today","status":"publish","type":"post","link":"https:\/\/holytransaction.com\/blog\/2014\/05\/top-5-national-altcoins-available-today.html","title":{"rendered":"Top 5 national altcoins available today!"},"content":{"rendered":"
\n(CoinReport<\/a>) Bitcoin has influenced many forms of digital currencies to come out
\nof the gate and make an impression on the world. However, some digital
\ncurrencies are not intended to be used across the globe. Instead, they
\nare implemented within a country\u2019s economy in order to help boost the
\nnation\u2019s finances.<\/div>\n
\nThese national altcoins are designed to take
\nthe concept of bitcoin<\/a>, and use it locally. In most cases, national
\ncoins are not allowed to be used outside of the country, as their is
\nfear that the value of such coins will fall. This alternative to using
\nmoney keeps the government separate from cash, all the while putting
\npower in the hands of the people.<\/div>\n
\nHere is our list for the top 5<\/a> national altcoins.<\/div>\n

\nNational Altcoins<\/h2>\n

\n5. Swiftcoin<\/h3>\n
\nLike the many digital currencies that came before it, swiftcoin<\/a> is an electronic form of money. Sending them from point A to point B is as simple as sending an email or attachment file.<\/div>\n
\nToday, many countries fear the collapse of their financial systems<\/a>, but digital coins such as swiftcoin, look to protect and revamp them.<\/div>\n
\nLike
\n most national altcoins, swiftcoin can not be mined off of a
\ncomputer. Instead, swiftcoins are purchased with cash or bitcoin. They
\ncan also be earned by selling goods and services using Oswift.com<\/a>.<\/div>\n
\nThe digital currency was created by the First National BNAK of Swiftcoin<\/a> in
\n Uruguay, and allows locals to set up accounts, as well as buy and sell
\ndigital coins like bitcoin and swiftcoin for cash or precious metals.<\/div>\n

\n4. Isracoin<\/h3>\n
\nIsracoin<\/a>
\n is already one of the world\u2019s most successful national altcoins. The
\ndigital currency allowed for public mining on March 26th, and was
\nairdropped to citizens on May 6th.<\/div>\n
\nIsracoin has already begun its
\nfour phase process to get more people on board with the digital
\ncurrency. This well thought out plan will help circulate and introduce
\nlocals to a new way of spending money.<\/div>\n
\nThe coin offers benefits
\nthat can also be found in bitcoin, such as low interest on deposits and
\nlow cost transaction fees. With Isracoin, the goal is to disrupt the
\ncurrent banking system of Israel.<\/div>\n

\n3. Spaincoin<\/h3>\n
\nSpaincoin<\/a>
\n is ideal for Spaniards as it allows them to break free from the
\nshackles of the government. It was launched on March 12th, just a few
\ndays before Isracoin.<\/div>\n
\nWith Spaincoin, Spain is the biggest country<\/a>
\n to have its own national digital currency, with a population of over 46
\n million people. Spain\u2019s economy has been in a rough spot for the past
\ncouple of years, and with Spaincoin, there is a good chance that there
\nwill be brighter days for the country.<\/div>\n
\nThe first 50,000 recipients
\n of the coin will get 100 SPA each, and then the next 50,000 people will
\n get 50 SPA each. This will allow for a more balanced distribution.<\/div>\n

\n2. Scotcoin<\/h3>\n
\nScotland\u2019s Scotcoin<\/a>, not
\n only allow people a chance to establish a new financial structure, but
\nalso helps Scots gain independence from Britain and the pound.<\/div>\n
\nThe risks that come from traditional markets will no longer be an issue with the Scotcoin<\/a>.
\n The new coin works as a plan B to keep order in the economy in case
\nthere is a major collapse with its already existing system.<\/div>\n
\nScottish businesses have already taken a liking towards the new crypto currency, which was created by Derek Nisbet<\/a>. Nesbit feels even more businesses will get on board with the new digital coin as time goes on. He says:<\/div>\n
\n

\n\u201cThis
\n is a one-shot opportunity for Scotland to truly become an international
\n powerhouse if we can take back the power of our monetary issuance as
\ncredit, as opposed to issued debt with interest from privately owned and
\n operated banking interests and cartels.\u201d<\/em><\/p><\/blockquote>\n<\/div>\n

\nNesbit adds that every adult will get 1,000 coins each, and each business will receive 5,000.<\/div>\n

\n1. Auroracoin<\/h3>\n
\nAuroracoin<\/a>
\n is based in Iceland, and was sent as a way to save the country\u2019s
\neconomy. The virtual coin is based on litecoin<\/a>, and was devised
\nby Baldur Friggjar Odinsson.<\/div>\n
\nThough Odinsson is not the person\u2019s
\nreal identity, similar to bitcoin creator Satoshi Nakamoto, the coin is a
\n saving grace to the people of Iceland.<\/div>\n
\nThe altcoin has the
\npotential of getting the people of Iceland out of what seems like an
\nendless financial rut. Success can\u2019t truly be determined until
\nAuroracoin has ample time to make an impact on Iceland.<\/div>\n
\nTo make
\nthe coin a big success, citizens are going to have to be patient and not
\n run off selling their coins for cash at the first chance they get.<\/div>\n
\nThe
\n world\u2019s economical crisis has put a large cloud over finance, but
\ndigital coins hope to correct this issue. The planet has changed to
\nwhere everything is digital. So the obvious solution to correct the
\neconomy could be to make money go digital as well. Whether national
\naltcoins or bitcoin, crypto currencies are a potential solution that the
\n world shouldn\u2019t ignore.<\/div>\n
\n<\/div>\n
\nFeatured Image<\/em><\/a><\/div>\n

Open your free digital wallet here<\/a> to store your cryptocurrencies in a safe place.<\/p>\n","protected":false},"excerpt":{"rendered":"

(CoinReport) Bitcoin has influenced many forms of digital currencies to come out of the gate and make an impression on the world. However, some digital currencies are not intended to be used across the globe. Instead, they are implemented within a country\u2019s economy in order to help boost the nation\u2019s finances. These national altcoins are […]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[7,37,191,299],"tags":[704,871,975],"yoast_head":"\nTop 5 national altcoins available today! -<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/holytransaction.com\/blog\/2014\/05\/top-5-national-altcoins-available-today.html\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Top 5 national altcoins available today!\" \/>\n<meta property=\"og:description\" content=\"(CoinReport) Bitcoin has influenced many forms of digital currencies to come out of the gate and make an impression on the world. 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