Ryan Browne — Estonia wants to launch its own government-backed cryptocurrency called 'estcoin'

• Estonia has proposed to launch its own state-backed cryptocurrency, called "estcoin".
• Ethereum founder Vitalik Buterin apparently gave feedback on the digital currency.
• It would be launched via the digital coin community's version of crowdfunding - an initial coin offering (ICO).

Provocative article.

Last month Estonian President Kersti Kaljulaid said that her nation was "the only truly digital society," underpinned by the state.

"Almost all our citizens' interactions with the government, including voting, can be done securely online, and our 'e-residents' can incorporate and run their businesses in Estonia without ever having to set foot here," she said in an article for the Telegraph.

"Seeing this digital revolution up close has made me question whether the state as we know it today is fit for the 21st century."...

CNBC
Estonia wants to launch its own government-backed cryptocurrency called 'estcoin'
Ryan Browne