I am seeing red all across the board today.

At the time of writing, Ethereum (ETH) is at $1,971 and Algorand (ALGO) is at $0.85.

Yesterday we discussed three different countries that are making major developments in their respective microcurrency endeavors.

Of course, not all nations are so financially innovative, for example, recently China banned Bitcoin (BTC).

Just like I predicted, banning BTC was not an economically sound decision from the communist Chinese government.

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