MARSHALL ISLANDS’ SOVEREIGN ENCRYPTED CURRENCY (SOV) SPARKS CONTROVERSY

Where does the money come from? Where shall the money use to do? I believe there are more Marshallese residents like I don’t know anything about that. ”

As early as March this year, the Marshall Islands, in the South Pacific sovereign state, had promulgated a law that would issue the world’s first sovereign legal encrypted digital currency——Sovereign (From now on referred to as “SOV”). In according to the report, the sovereign digital currency will circulate along with the USD, and 20-8 votes have passed this resolution in the Marshall Islands National Assembly.

SOV national digital currency will be distributed to citizens in the form of ICO. The President of the Marshall Islands, Hilda C. Heine, said: “The Marshall Islands will invest in climate change, education and green energy, as well as provide health care for those people affected by the U.S. nuclear test. This is a historic moment for our people, and our currency will be used in conjunction with the USD, leading us one step closer to national freedom. ”

Steven and the other supporters who share the common scepticism: “It is a false proposition that SOV national digital money is distributed to the people through ICO. The President’s Minister of Assistance David Paul does not make this clear to his peoples, many of whom, like me, were in the dark. ”

The Marshall Islands SOV National Digital currency will be issued and supported by Israel’s Neema Corporation, which is the incubator of Y Combinator, a well-known business Incubator focused on providing financial block-chain solutions Incubator focused on providing financial block-chain solutions.

David Paul, the Marshall Islands’ Minister of Assistance, said earlier that choosing Yokew, the new block-chain framework was a wise move for SOV digital currency. Because it not only has all the advantages of bitcoin but also is not anonymous. SOV allows 95% of blockchain enthusiasts to use encrypted currency without hiding anything. And each SOV wallet is associated with a real person through a verified government ID and fingerprint.

Eric, Steven’s Israeli colleague, said the problem was: “the first of all, ICO is in connection with 95 per cent of block-chain enthusiasts, thus, apparently more than 95 per cent of the 70,000 citizens who live in the Marshall Islands are not the participants. Since SOV raised ICO funds from 95% of non-Marshallese residents, how does the government ensure that the SOV wallets of other foreign investors can be linked to a real person through the government ID and fingerprint? ”

Some sceptics further pointed that: As far as I concerned, our country does not have the capability and the technology, besides that, Israeli companies provide and encourage SOV through POW means that issue rights of Marshall SOV currency are not under the government’s control, which from raising money to mining. It has nothing to do with Marshallese citizens, who are neither held accountable nor informed of the risks involved. It is hard to imagine how the BTC and ETH raised by Hilda C. Heine and David Paul from digital currency enthusiasts around the world and how sovereign encrypted currency the dollars are allocated and used. However, the SOV in exchange for ICO is essentially an external liability. Given POW generate the new SOV, Marshallese Residents are difficult to compete with foreign mining machines by incentive hash power to mining. Most of them can only fishing, and there aren’t have any mining machines in their home to mine SOV. But David Paul has to pay their fish SOV instead of dollars.

From the excitement to the suspicion, the problem is that the government has not figured out what they are doing. STEVEN came to this conclusion after many discussions with the American cryptocurrency enthusiasts.

“This is a historic moment when we SOV sparks controversy are finally issuing and using our currency and circulating with the dollar,” said Hilda C. Heine, Marshall’s president. “This is a further step towards the expression of our national freedom. ”

“it was an elaborate traitorous act, and the people living on the island had an inexplicable debt, and so far they didn’t know what had happened, but the bill was passed.” Carl, a Marshall resident who has lived in America for a long time, said that: “ If the United States issues such an SOV, I believe U.S. citizens will take to the streets to protest. This is unimaginable in the United States. ”

Steven and his supporters are hoping to let more Marshallese residents know the truth about the problem through social media, and they hope President Hilda C. Heine can answer these questions.

http://www.marshallislands.com

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It's very simple, really. There are no secrets, hidden legal process. No "piracy " in credit and medical records. There is no creation of a new credit report. All these methods are illegal elsewhere).

All you have to do is take advantage of a law that I am sure most consumers have heard of. But most consumers do not know what this famous law actually stated. This is known as the Fair Credit Reporting Act.

According to the law, if a consumer sees something suspicious on his credit report, he has the right to challenge him with the credit bureaus. Credit reporting agencies, by law, have thirty days to investigate disputes and verify the accuracy of the negative entries in your credit report where you challenge. If an agency does not receive a response that verifies the article disputed claims from the lender within thirty days, then the credit reporting agency, by law, have to remove negative items from your credit report.

This is a very simple process that every American consumer have the right to compromise. However, it takes time and effort and requires patience. But if it continues, you can have the credit score much better in a few months. Of course, lenders can respond and indicate that the items have been verified as accurate, in which case the item will remain in your credit report. But sometimes this process can benefit you. If you have a collection of items from the collection agency that has been bought and sold many times over to another collection agency, it can be a disaster to try to find who actually keep your debts. It can only take more than thirty days. Or creditor can no longer find your account in your system because your account was closed some years ago. The response to this one would leave the disputed claims of your items on your credit report. Or the lender details are outdated and you can no longer contact them.

Or perhaps the business has stopped. So, how do You refute the negative credit? Simple: write a letter to the credit rating agencies have listed the items in dispute on your credit how to build your credit score report, it tells you that you don't agree with the accuracy of the information contained therein. Create a list of creditors, your name, your social security number and description of the goods that disputed claims. For example, if you are late ninety days with payment to company ABC on July 2004, write in your letter that you don't agree with these late payments because you believe it is inaccurate. You don't need to tell them more detailed reasons, and you don't need to tell them what you think you're supposed to say. But you should indicate in your letter that you write in accordance with the laws of fair credit reporting, and you expect them to remove the items that this disputed claims within thirty days if not verified.

So that's how! Here's how she fix his credit. Be sure to write a separate letter for each item that disputed claims to each credit reporting agency. So, if you have ten negative elements which You bid and all ten appear in the three major credit reporting agencies, you must then write thirty letters separately.

How quickly will you see the results on your credit report and see an increase in your credit score? You have to give him at least two months. By the time it takes to send correspondence to the Agency and send it through the mail, plus thirty days between them, it could take five to six weeks. And then, deleted items can not be removed until next month because of credit reports is updated each month.

One more thing: the fair credit reporting ACT also gives rights to credit reporting agencies to ignore the dispute frivolously. In other words, if you send them a notice of protest is just to try to impose the rule of 30 days, they have the right to not take seriously Your dispute. But, of course, the Agency cannot assume that you do it unless you see it try to refute the same negative in your credit report repeatedly to see if it gets deleted this time. Keep in mind, however, that the intent behind this legislation is to protect consumers how to fix my credit from mistakes in their credit reports.

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