PesetaCoin is, much like LiteCoin, a script altcoin but its focus is Spain. It is merged mineable and with block time of just 1 minute. Aimed to battle the results of and help with recovery from the deep economic crisis in Spain, Peseta is a project that encourages a change in the monetary system. As the currency’s whitepaper states, a great number of people in the country, who have suffered from the implementation of the euro and the consequent debt situation, were willing to convert back to using the tradition peseta. This new coin offers the people an opportunity, presenting them with a better version of the old currency. The limited amount of the PesetaCoin means it is highly unlikely for it to suffer from hyperinflation and the subsequent depreciation. The open-source character of the platform means that newest technologies can be implemented easily at any time.