Tag: Scheme

“Negative Interest” Is the Latest Government Scheme to Deter Saving

“Negative Interest” Is the Latest Government Scheme to Deter Saving Sweden’s central bank is discussing introducing a controversial new measure that will further deter its citizens from saving. The oxymoronic “negative interest” on tax accounts is technically designed to stimulate the economy. In reality, all it will do is encourage […]

South Korea Creates Gyeongbuk Coin for Gyeongsangbuk-do Loyalty Scheme

South Korea Creates Gyeongbuk Coin for Gyeongsangbuk-do Loyalty Scheme China may be doing all it can to suppress cryptocurrencies, but South Korea is going the opposite way. Specifically, in its Gyeongsangbuk-do Province. But what’s going on? Well, according to sources, officials are partnering with blockchain startup Orbs to create a […]