Scottish cryptocurrency enthusiast Derek Nisbet is planning on launching Scotcoin with the aim of bringing power back to the Scottish people. He plans on pre-mining 98 billion coins and distributing them evenly across the Scottish population.

“I want to bring together those passionate about doing something to build an amazing cryptocurrency that can really benefit Scotland and the Scottish people, helping to remove those chains around our current financial central banking woes along with the ridiculous bureaucracy that now exists”, the developer wrote on the coin’s official website.

The coin is yet to launch, but once completed potential users will be able to make an application via the Scotcoin website for their share of the 98 billion coins.