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Ecuador’s e-Money Initiative Outlaws Bitcoin, Makes Mandatory for Banks to Follow Dictate

Ecuador’s e-Money Initiative Outlaws Bitcoin, Makes Mandatory for Banks to Follow Dictate | money money money | Scoop.it
Bitcoin news and the leading bitcoin conferences in the world
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Ecuador Pushes Forward on Upcoming Electronic Currency System - Bitcoin Magazine

Alternative currencies such as bitcoin are banned.

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Ecuador Pushes Forward on Upcoming Electronic Currency System - Bitcoin Magazine

Ecuador Pushes Forward on Upcoming Electronic Currency System - Bitcoin Magazine | money money money | Scoop.it
The government of Ecuador is pushing forward to establish its national electronic currency, PanAm Post reports. The central bank has given 360 days to all...
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Bernard Lietaer on monetary ecosystems, Ecuador, Greece and bitcoin - YouTube

This interview was shot in Quito, Ecuador on 28 February 2015. In this wide-ranging conversation we talk about the nature of money and the citizen's growing ...
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Ecuador's New Digital Currency Receives Mixed Views by Local Citizens | Payment Week

Ecuador's New Digital Currency Receives Mixed Views by Local Citizens | Payment Week | money money money | Scoop.it
The first country in the world with a state-sponsored digital currency may need a more effective adoption strategy.
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Ecuador set to create state-backed digital currency... to ditch dollar?

Ecuador set to create state-backed digital currency... to ditch dollar? | money money money | Scoop.it
Ecuador is planning to create the world’s first digital currency issued by the country’s central bank, in what is seen by many as a step to abandon the US dollar, the currency now used by the Central American country.
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Ecuador's Phony Bitcoin Ploy - Wall Street Journal

Ecuador's Phony Bitcoin Ploy - Wall Street Journal | money money money | Scoop.it


Few economic injustices are more villainous than stealing from the poor. Yet this is what a government does when it devalues its currency.

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Ecuador Turning to Virtual Currency After Oil Loans - Bloomberg

(Corrects headline to remove reference to dollar saving in story originally published Aug. 5. Attributes speculation that government would use the new currency to pay bills in first paragraph. Clarifies in third paragraph that people can reject government payments in the new currency and adds government’s explanation of its advantages in seventh paragraph.)

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Curated by jean lievens
Economist, specialized in political economy and peer-to-peer dynamics; core member of the P2P Foundation