Friday, January 27, 2023

Amero: proposal to replace the dollar and the Mexican peso?

The development of new technologies and the advent of bitcoin created an ideal scenario for the birth of bitcoin. amero One cryptocurrency wants to establish itself as a commonly used currency in continent americano as it is Dollar either Weight Mexican,

This virtual currency was born in 2018 and managed to triple its initial value in five years. Its value is supported by gold mines in Guerrero, ecotourism projects in Baja California Sur, and an island in the Sea of ​​Cortez.

There is even a proposal from the CEO of Isaac and the creator of this cryptocurrency, Alfonso Jiménez Pérez, together with a group of Monterrey businessmen to acquire Citibanamex, which makes payments with Ameros.

what are ameros

loss ameros they a crypto currency that seeks to become commonly used in the American continent, replacing the US dollar or the Mexican peso in some transactions.

Buying an Amero is not that easy, as they are not currently for sale on bitcoin trading platforms.

Amero can be considered a ‘payment token’ as it is used to make purchases; as a ‘utility token’ whose main advantage is its value, and as a ‘stablecoin’ because it is backed by physical assets.

The Amero model assumes the existence of 1 billion coins that will be issued in 9 cycles of 100 million each, leaving 100 million to mine until 900 million are issued.

Amero Blockchain uses the Python 3 language and is compiled in C; It works on Linux, Windows and OSX so it will be accessible to all.

How much does an Amero cost?

When the Amero came out in 2018—it cost $270 pesos—but it has more than tripled in value over time. This is what it is currently worth:

  • Mexican peso: $737.82
  • US Dollar: $36.89
  • Euro: $36.91
  • bitcoin: 0.001912

Like other cryptocurrencies, Amero is a new proposal that seeks to become a commonly used currency in the American continent, although it seems unlikely that it can replace the US dollar or the Mexican peso.

Nation World News Desk
Nation World News Desk
Nation World News is the fastest emerging news website covering all the latest news, world’s top stories, science news entertainment sports cricket’s latest discoveries, new technology gadgets, politics news, and more.
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