Digital currency reduce risk, Zug immediately converts any bitcoin received into the Swiss currency.Swiss Federal Railways, government-owned railway company of Switzerland, sells bitcoins at its ticket machines. UK The Chief Scientific Adviser to the UK government advised his Prime Minister and Parliament to consider using a blockchain-based digital currency. The chief economist of Bank of England, the central bank of the United Kingdom, proposed abolition of paper currency. The Bank has also taken an interest in bitcoin. In 2016 it has embarked on a multi-year research programme to explore the implications of a central bank issued digital currency. The Bank of England
Demurrage (currency) regional community currency in a part of Bavaria, using a demurrage system. Freicoin is a cryptocurrency, in which demurrage is levied at approximately 5.00% per annum. The ZenVow Project implements a human generated Global Basic Income system using time dependent digital currency that derives from the demurrage system. Where the human average world life expectancy is used as the currencies lifespan and respective derived burn rate. Demurrage (currency) Demurrage is the cost associated with owning or holding currency over a given period. It is sometimes referred to as a carrying cost of money. For commodity money such as gold, demurrage