Thursday, May 16, 2024

How Citizenship coin works?

Citizenship coin is the first ever created digital currency for use in immigration and citizenship industry. Citizenship coin is tied to value of Euro, which makes it stable, non-volatile and can be safely used as a digital currency within the investment migration industry. One citizenship coin equals One Euro at any time with no inflation.

Citizenship coin can be used to for ANY citizenship related and immigration services such as..

  • Lawyer fee
  • Agent commissions
  • Services and Investment in real estate sector
  • Business investment and services
  • Donations and Non-profit

Citizenship coin gives absolute freedom to Buy a Citizenship and become a World Citizen. This week the Government of Antigua and Barbuda announced a monumental decision, to accept Bitcoin and other cryptocurrencies for Antigua CBI program.  In the future, more countries will be openly accepting crypto currencies.

Many still view cryptocurrencies as evil, when compared to fiat. This is not true! In reality fiat is more widely abused for illegal activities. In a recent study only less than 1% of Bitcoin transactions estimated to be suspicious ones.

How Citizenship coin works?

Citizenship coin facilitate  faster and cheaper digital transactions. The working is simple similar to that of bank.

  •  Buy 1 CTZ from Citizenship Coin Bank paying 1 EUR. (commission 1%) Eg. UAE
  •  Buyer sends 1 CTZ to seller using wallet (network transaction fee 0.0001 CTZ)
  •  Seller exchanges 1 CTZ coin to EUR, USD etc from Citizenship Coin Bank (commission 1%)

Citizenship Coin Bank (CCB) mine coins and sell or transact to customers.  Firms or companies can apply for a license to function as a coin bank.

All coin transactions are subjected to KYC/AML rules.

Citizenship coin can also be freely exchanged with other major crypto currencies such as Bitcoin (BTC), Bitcoin cash (BCH), Ethereum (ETH), Monero etc.  equivalent to the daily price of Euro

1 EUR = 1 CTZ
1 BTC = 7000 CTZ
1 ETH = 400 CTZ
1 BCH = 700 CTZ
1 XMR = 120 CTZ

Use of digital currencies such as Citizenship coin free countries dependent on US dollar and move to using alternate currency such as Euro.  Use of digital currencies de-couples dependency on correspondent banks or middlemen.

Cryptocurrency is money, value without borders, without citizenship, without politics, trade agreements, restrictions or foreign policy, without middlemen, immediate and worth what it is because of the community. More Secure, more private and with no inflation.

As the world is fast moving on to digital economy, Citizenship coin project in the future, could become a ‘digital bank’ for investment migration industry.

Citizenship coin is expected to become popular in China, Russia markets.

Read the whitepaper of citizenship coin: https://citizenshipcoin.org/whitepaper.pdf

Citizenship coin is currently fully functional system, if you like a demo, we can send you few coins, please feel free to contact us at info(@)citizenshipcoin.org

Prabhu Balakrishnan
Prabhu Balakrishnan
Founder of Citizenship by Investment Journal. Chief Editor with over 15 years experience in PR and News publishing. He Loves writing about citizenship, residency and wealth migration. CIP Journal is a Leading publication founded in 2017 bringing latest news from CBI/RBI market.

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