Colombia is the latest country to adopt a cryptocurrency, as Coin News reports.
Coin News spoke to Coin News’ senior editor, Jonathan Biel, about how it happened, the coin’s future, and the possibility of trading with it in the future.
Coin news: You’re going to be trading in Colombia?
Jonathan: Well, it’s the first time that I’ve ever been in Colombia.
It’s kind of a new coin and I think the community has really embraced it.
And, for us, it was the perfect time to launch.
CoinNews: So the coin you’re trading is going to have to be different from the coin everyone else is using?
Jonathan, you are the one who’s going to set the rules.
It’ll be a different coin, and everyone else will follow suit.
Coinnews: And what are you doing with the coin?
Jonathan Bial, the editor of Coin News: Well it’s going straight to my coin trading account.
I’ve set up a new account for it.
I’m just waiting for the people who are trading coins to come on board.
We have a few of them now.
CoinDesk: How long does it take to create a coin?
Jonathan: It usually takes about a week.
It can take up to a month to create.
CoinWatch: What’s your strategy?
JonathanB: I’m trying to create as many coins as possible.
The coins that we’ve created so far have a market cap of $3 million, so it’s kind and it’s easy to understand.
So we’re trying to build a network of coin users that can use the coins that I have and can make money out of it.
CoinWise: Is that the case with your other coins?
JonathanB: Yes, CoinWising.
CoinMarketCap is also an important metric because it gives you a feel for how big the market is for a particular coin.
Coinwise: What are your expectations for the market?
B: For the market cap, we expect that we’ll make a profit of around $1 million.
I think that’s an acceptable profit for us to make.
Coinwise: How does CoinWiser work?
Jonathan is a guy who runs CoinWised, which is the company that makes CoinWaves, CoinWhisper, CoinShark, and CoinSpot.
He’s also the CEO of CoinWisdom, a company that helps people manage their money with coin-trading services.
Coinwatch: What can you tell us about CoinWisers success rate?
Jonathan’s answer: We are definitely a lot ahead of the game.
We’ve got an incredible team of people who have a lot of experience, so we’re very confident that we’re going in the right direction.
We think the CoinWises platform will be a great solution for anyone who wants to get into crypto.
CoinSpot: Is it possible to buy coins with cash?
Jonathan said it’s possible.
CoinWeek: You said in your initial announcement that you wanted to create an app that could be used by anyone.
Why did you go with the idea of this coin-selling platform?
Jonathan answered, It was really a smart thing to do because, as far as we’re concerned, there’s nothing else on the market like this.
It will be something that people who want to get involved in crypto will use.
Coinweek: But what if they don’t want to use it?
Jonathan, what if people don’t like the idea?
No, I don’t think so.
Coin Weekly: I know you’re in the Bitcoin and altcoin space, but how does that fit into your approach?
Jonathan told Coin Weekly that there are lots of different ways to get in and out of crypto.
We’ll cover those in a future article.
Coin Nation: How is Coin Nation different than other altcoins?
Jonathan explained that Coin Nation is similar to Litecoin because it is designed to be a decentralized network.
But, there are a lot more similarities than that, because Coin Nation uses a different protocol to LiteCoin, and a lot is different about the way that it works.
CoinNation, CoinWeek, CoinWorld, and more: Coin Nation, CoinNation.com, Coin Nation.tv, Coin World, Coin Network, and many more.
Coin Insider: How many coins will you have in circulation?
Jonathan explained that it’s likely to be around 50,000 coins in total, and that the average price of a coin is about $1.
Coin Watch: How do you think this coin will perform in the long run?
Jonathan explains that it will be different than most altcoins because it will have a higher level of anonymity.
But what makes it different than some other coins, which will require users to share information with each other, is that it has no central point of failure.
CoinInfo: Are you planning to launch an exchange or wallet?
Jonathan said it depends