With a press release released yesterday, Monday 9 December, the Lithuanian central bank announced the launch of a series of blockchain coins for collectors that will celebrate the country's independence on 16 February 1918; to remember the event the coin will have a value of € 19.18 and will be available in a physical version that will look like a credit card. Since the Lithuanian Act of Independence was signed by the Council of Lithuania, which consisted of 20 people, the central bank's advisor (Marius Jurgilas) stated that the 24,000 tokens, which will be created for the occasion, will report the face of the twenty signatories and will be divided into six different categories (for each of which 4000 coins will be issued) representing the different areas of competence of the signatories of the declaration of independence. For each purchase (to be made on the central bank site) the user will receive six randomly selected tokens and when he owns a coin for each category it can redeem the physical silver coin.
The initiative was clearly designed to attract younger generations and in fact will include several unspecified "playful elements"; at the same time this is clearly an opportunity for the central bank to concretely test this new technology through an initiative that also has the merit of bringing young people closer to economic issues and reducing the gap between citizens and institutions. In short, the Lithuanian one is certainly a very interesting initiative, not so much for the economic value of the operation, substantially irrelevant, but because it shows how a government with precise ideas and a vision of society can, through small initiatives like this, start test the technology without taking any risks and shortening the distance with citizenship. This type of approach, in reality, could be extended practically to every sector of the life of a country, therefore it goes beyond fintech and extends to every aspect of society; it should not be surprising, in any case, that a similar example of good politics comes from Lithuania, which, despite being a small country in the EU, is actually increasingly becoming a center of global relevance both from a technological and a cultural point of view. general.