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SpainCoin aims to stabilize cryptocurrency as real payment method

Get ready for the Spaincoin!

Published Tue, Mar 18 2014 1:17 AM CDT   |   Updated Mon, Oct 19 2020 8:15 PM CDT

To help the Spanish people "break free from their shackles," the new SpainCoin will pre-mine and share 50 percent of Spaincoins to Spanish nationals.

SpainCoin aims to stabilize cryptocurrency as real payment method | TweakTown.com

The cryptocurrency is valued around $50 million.

"Using SpainCoin is a way for the individual to get back his freedom and have 100% control over his money and assets, breaking free from the shackles of central banks," the official SpainCoin website notes. "Unlike other cryptocoins, less accessible for the general population, SpainCoin will be distributed among all Spaniards."

Those interested in learning more about Spaincoin can view this forum post, or visit the official Spaincoin website.

The rising popularity of the bitcoin cryptocurrency has shown great interest from citizens, exchange services, and retailers trying to change the financial landscape.

An experienced tech journalist and marketing specialist, Michael joins TweakTown looking to cover everything from consumer electronics to enterprise cloud technology. A former Staff Writer at DailyTech, Michael is now the West Coast News Editor and will contribute news stories on a daily basis. In addition to contributing here, Michael also runs his own tech blog, AlamedaTech.com, while he looks to remain busy in the tech world.

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