Last month, Iran lifted the ban on Bitcoin to lead to the 'crypto rial'. Now Iranian officials supported by national gold reserves the Paymon crypto currency. However, it is really suspected that it is a crypto currency because there is no peer-to-peer situation and you have to rely on a broker (ie the Iranian government).
Sputnik, Iranian to learn the features and potential uses of PayMon blockchain expert Hamid Reza Shaabani. Shaabani said:
B Most of the PayMon currency will enter the market and be traded in private exchange offices. Some will be used for host development; and some will go to the founders of Ghoghnoos. "
Cryptocurrency When asked why the unit was so important for Iran, Shaabani spoke of the country's excellent geographical position and the interests of the people:
An Skipping economic sanctions is one that cannot be ignored. “
TRANSFER US PURPOSES WITH CRYPT
Iran is in talks with various trade partners about the possibility of a temporary settlement for US sanctions. Among them England, France, Germany, Switzerland and Russia There.
Iran's Crypto Coin İranthe Shitco" Comments
However, since France and England are a little more than the US, it seems extremely difficult for Iran's PayMon to find a buyer. It is doubtful that Germany even adopted a crypto in July after pressuring the US and preventing Iran from withdrawing money from German banks.
Shaabani talks about:
”They all depend on foreign legislative bodies.“
PayMon users must go through the KYC; this "cryptocurrency unit is anlam centralized anlam. Supported by the so-called gold, it is necessary to rely on the fact that Venezuela's Petro is actually there, as supported by the so-called gold.
PETRO'OR WHAT HAPPENED?
In fact, Iran, gold-backed cryptocurrency is not the first country to discover its unit. Venezuela last year at this time Petro Goldbut it seems that progress has stopped. It is unlikely that Maduro will find many people who will trust oil or gold-backed currencies.
In Iran, however, several outstanding problems remain. Not unreliable. If it has several government-operated nodes, it's not peer-to-peer, not even really a crypto currency. So I suspect it will be any buyer.
Source: Bitcoinist