![erqwre.jpg](https://cdn.steemitimages.com/DQmYK4q91JzCpvAkxTWXmYXpHDHTDqdmwucpqww8zP9BHeK/erqwre.jpg)

[source](https://www.lb.lt/en/news/development-of-the-bank-of-lithuania-s-digital-collector-coin-has-entered-its-final-phase)



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The LB coin becomes the first cryptocurrency launched by a Central Bank, so gentlemen, the Central Bank of Lithuania has just launched its own cryptocurrency, obviously with various restrictions but it does it more as an experiment, it does it more with the idea that Citizens of Lithuania become familiar with cryptocurrencies, who can prove their benefits, their strengths, their uses and their applications, of course also their shortcomings and disadvantages.

![LBCOIN_etalonas_rankose_reversas-768x616.jpg](https://cdn.steemitimages.com/DQmTEDozY6CCr8cbbYXwahFnHLSf7wdoSNh3uUwV7U3UeV1/LBCOIN_etalonas_rankose_reversas-768x616.jpg)


[source](/first-euro-collectors-digital-coin-confirmed-for-2020-by-bank-of-lithuania/)

The LB coin is partially a digital voucher that will be sold in packages of 99 euros, it is also accompanied by a collectible physical currency of which there will be only 4 thousand, you will only be able to acquire this currency after the acquisition of the digital vouchers.





<div class="pull-left">https://cdn.steemitimages.com/DQmahrhRTQNAuGGtHNHkdaieBv65meetfsxZFXHf6pFmE7f/LBCOIN_fizine_moneta_reversas-e1591301559794.jpg<p><a href="https://numismag.com/en/2020/06/04/first-euro-collectors-digital-coin-confirmed-for-2020-by-bank-of-lithuania/">
<center>Source</center></a></p></div>
The nominal value of the LB coin in its physical form is 19.18 euros, in order to buy this commemorative coin of the signing of the independence of Lithuania that was in 1918 you must gather a president, a priest and a scientist, if you buy the combination correct in digital tokens of the LB coin token, then you can access the physical currency.

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I find it very interesting that the same European central Banks, that for years have been advising their citizens not to invest in cryptocurrency because it does not have a legal basis and does not have jurisprudence that protects them as an investor, now they launch their own cryptocurrency, which turns around Life, as the world changes, this is proof that cryptocurrencies are the natural evolution of currencies, that we crypto enthusiasts are on the right track.





![LBCOIN_etalonas_rankose_aversas-768x619.jpg](https://cdn.steemitimages.com/DQmTELhWwmuP2x4s9U2rSr25DDYh1hurMsvsS2pxMt1niAF/LBCOIN_etalonas_rankose_aversas-768x619.jpg)

[source](/first-euro-collectors-digital-coin-confirmed-for-2020-by-bank-of-lithuania/)

I would like to highlight how well the central bank of Lithuania does the marketing of the LB coin, links it to its history and makes it patriotic by linking it with the celebration of 100 years of the independence act, apart from the collectible coin is a great detail many people, especially in Europe they like to collect coins, it shows the economic and marketing knowledge of this bank I have no doubt that the LB coin will be successful, I do not know how this event affects the future of the cryptocurrency, **what happens If other Central Banks start to issue their cryptocurrency ?**, in Venezuela the government tried and in my opinion it was not successful, but if the LB coin succeeds I have no doubt that other Central Banks will do the same.

<h1>Thank's for read</h1>
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