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A recent political movement has emerged in France called the "yellow gilet" movement. The movement began as an online phenomenon at the start of this year and eventually led to street demonstrations by November 2018. Protests are over expansion France passed to surrounding European countries such as Germany, Belgium and the Netherlands.
Reasons for the movement
The reason for the demonstrations is the fact that fuel prices in France have increased, which has led to scheduled demonstrations to "block the streets" in order to protest the price increase. This actually led to France suspending the price increase, many consider effective protests. The moratorium on increases in fuel prices will enter into force on 1 January 2019.
The movement is not just about fuel prices, as well as those of the middle-low income class in France are protesting to raise minimum wages and to demand the resignation of Emmanuel Macron, whose approval has decreased up to a level of 25%. Macron seems to understand the gravity of the situation and made some concessions in a recent television broadcast addressed to the nation:
The protesters are known as "gilet jaunes". Since 2008, all French motorists are required to wear a high visibility yellow jacket, so the jackets are widely available and inexpensive. Now they have become a global symbol of protest worldwide, thanks to recent events in France.
Information on the GJCO coin
The protest has now created its cryptocurrency, apparently. The GiletJaunceCoin (GJCO) is a logical extension of the movement, since it allows protesters to use their cryptocurrency outside a central bank or government.
There is currently a website created around the coin, with the slogan: "Reacquire freedom!" The website continues to describe the GJCO coin vision, stating:
"Easy to use, GiletJaunceCoin (GJCO) is perfect for transactions between citizens of the yellow jersey or people who want to support the legitimate battle against the European oligarchy, providing the infrastructure necessary for the massive use of GJCO, we are helping the yellow jackets all over the world to create a parallel economic system during this fight for freedom ".
The site seems to echo the rebellious feeling of the Yellow Vest movement, elaborating: "The decisions of our politicians, sold to the evil bankers, reduce the quality of life and the freedom of all European citizens, who worry a little bit about more every day of their children's future and future generations The current European and global banking system, which has already failed since the economic crisis of 2008, is in its last days: the European states, with the help of # 39; European Union, put pressure on the people to finance this system of zombies, trying to put nations on their knees.
The site continues: "The French people, famous for its violent revolutions and their courage, has thus launched a global social protest movement, which will now only end with the complete revision of our social and economic institutions".
It is important to note that it is not yet clear whether money is legitimate, although time will tell whether there is a viable demand for the GJCO currency. You can learn more on www.gilentjaunecoin.com.
