Imagine that some respectable country would go far beyond legalizing cryptocurrency and start one of its own. It would surely be no scam and it would probably have a strong support, but would there be any drawbacks to the currency and the state itself? Would it get more attention than some of the biggest coins now?
Most likely, we can only be interested in the centralized country's crypto currency. It will be like more convenient use of national money. Centralized crypto currency of another state is unlikely to be necessary if we just do not intend to visit this particular country. Therefore, it seems to me that centralized crypto currency will play a certain positive role. In addition, such a crypto currency will help restore confidence in the decentralized crypto currency.
Topic: A coin issued by some country government - would you go for it? - page 3. (Read 942 times)
I would strongly and vehemently oppose this idea. This would mean absolute control over your finances and thus absolute control over you.
nah, all crypto currencies should be open for the world, it is decentralised thing, so we have a new way to make a new world, with a new economic model, with new progressive system of government, the national coin is the way to contol it by its country
I think It certainly is not a fraud and will probably get strong support, but will there be a loss on the currency and the country itself? Would it be more interesting than some of the biggest coins now?
Imagine that some respected country would go far beyond the legalization of cryptocurrency and start one of their own.
Imagine that some respectable country would go far beyond legalizing cryptocurrency and start one of its own. It would surely be no scam and it would probably have a strong support, but would there be any drawbacks to the currency and the state itself? Would it get more attention than some of the biggest coins now?
I will not prefer to invest on a coin that is coming from the government because there will be always a new coin that is going to come out with a better platform so keep on waiting for new opportunities.
Imagine that some respectable country would go far beyond legalizing cryptocurrency and start one of its own. It would surely be no scam and it would probably have a strong support, but would there be any drawbacks to the currency and the state itself? Would it get more attention than some of the biggest coins now?
If ever the government will really introduce its own kind of coins in all of us I think it will hit because it is legal and can legalize it in every corner of a place. People will also grab it for a reason that will not be afraid to invest due to they are aware that it is not definitely a scam. Media will promote it in a positive way resulting to the extreme increase of potential user. Nevertheless, the acceptance of it depends on its system and pros.
I want to assume you guys are missing the whole point here ?
If you are for centralization and you prefer less volatility, then, why are you here in the first place and why are you not holding all your funds in your currency instead ?
We are talking about centralized currency that is controlled, and obviously Central Bank will be making all the decisions, so why on earth would I want to invest in something that never worked out well in the past in the first place with all the manipulations and monopolies.
If you are for centralization and you prefer less volatility, then, why are you here in the first place and why are you not holding all your funds in your currency instead ?
We are talking about centralized currency that is controlled, and obviously Central Bank will be making all the decisions, so why on earth would I want to invest in something that never worked out well in the past in the first place with all the manipulations and monopolies.
This is really wise words, the government are always trying to keep everything under their control, and if they would issue the cryptocurrency, this means that they by themselves get off from the steering wheel, and this is unbelievable for me.
You're saying a country will get rid of their currency and start their own crypto. Unless they can prevent the volatility I don't think that would be a good idea.
Bitcoin is unlikely someone will be able to replace.. However, the transition to its own cryptocurrency within the state is a great help to make it independent and improve the well - being of people. But what government, to the best of its greed and greed, will want to make its country and people rich? Can only the United Arab Emirates....
Imagine that some respectable country would go far beyond legalizing cryptocurrency and start one of its own. It would surely be no scam and it would probably have a strong support, but would there be any drawbacks to the currency and the state itself? Would it get more attention than some of the biggest coins now?
Personally i will never go for no government coin, despite how great and awesome it could be.
I do not believe that countries need their own cryptocurrency, as they can use crypto which is already on the market and suits their needs.
The only problem is - they want to control their cryptocurrency, thats the main reason why this won't be interesting for me.
I joined crypto to be my own bank, and if i join government coin my dreams falls apart straight away.
No chance that any coin made by government will overpass Bitcoin or any other huge cryptocurrency, maybe only when some particular country will remove their local money and replace it with national crypto, so that everyone must use it, till then i highly doubt it.
Their purpose is to watch every transaction happen on the blockchain. Also when country issue the cryptocurrency, they will try to stable price in stablize the inflation. When considering about this there is no merit for investors to invest in crpytocurrency that county issue for purpose of profit
Yes, definitely I’ll buy it. I mean obviously I will anticipate first its potential, the idea, how it works and everything, but since it will be issued by government there will lot of advantages. The coin will remain stable since it is backed by government. There will be less pumps and dumps and more profits. So we would be able to invest in that coin more confidently without fearing much about uncertainties.
I want to assume you guys are missing the whole point here ?If you are for centralization and you prefer less volatility, then, why are you here in the first place and why are you not holding all your funds in your currency instead ?
We are talking about centralized currency that is controlled, and obviously Central Bank will be making all the decisions, so why on earth would I want to invest in something that never worked out well in the past in the first place with all the manipulations and monopolies.
Because value is relative.
A centralised currency issued by say the Swiss is definitely something of value as it may hold it's own against other currencies and against bitcoin.
(Since the start of the year the dollar has done well against bitcoin!)
But that currency issued by the Swiss has the same potential to fall victim to mentioned manipulations.
Imagine that some respectable country would go far beyond legalizing cryptocurrency and start one of its own. It would surely be no scam and it would probably have a strong support, but would there be any drawbacks to the currency and the state itself? Would it get more attention than some of the biggest coins now?
Sure lots of people will invest in it. However, there will always be someone from the government that will take advantage of it.
There are always two advantages and disadvantages of a coin. If the government releases a coin, it will certainly never be fraudulent and will have strong support and stability. However, we will be controlled by the government and taxed. This is not something that the participant wants
Of course, fraud is impossible when the government is issuer, they will not become a scammer, this will make people fight against them and their reputation will go down low, they do not have time for that matter. But surely, I will not participate in it regardless of whether it has strong support or stable because when the government controls, big volatility will not happen, things just fluctuate to a very low level, an investor would not be able to make too much money in this situation, our money will not be safe when the government can doubt the origin and then a series of taxes 
There are always two advantages and disadvantages of a coin. If the government releases a coin, it will certainly never be fraudulent and will have strong support and stability. However, we will be controlled by the government and taxed. This is not something that the participant wants
Imagine that some respectable country would go far beyond legalizing cryptocurrency and start one of its own. It would surely be no scam and it would probably have a strong support, but would there be any drawbacks to the currency and the state itself? Would it get more attention than some of the biggest coins now?
The first is to invest it you are respectable in the world so much for your savings is to invest, the right now is to invest in this day and technology. The first to invest, but its value for those of cryptocurrency and technology in this era. The first is that bitcoin and I support the market. I believe that bitcoin 
It will depend on what government will issue the coin.
also, i will depend on the project they will use the coin.
There are so many corruption in the government and another way to have is also cryptocurrency.
it may gone to another way to corrupt the people.
also, i will depend on the project they will use the coin.
There are so many corruption in the government and another way to have is also cryptocurrency.
it may gone to another way to corrupt the people.
I would not invest in such a crypto currency, because it will not 100% meet the criteria that should be in the crypto currency. I think many will agree with me.
Imagine that some respectable country would go far beyond legalizing cryptocurrency and start one of its own. It would surely be no scam and it would probably have a strong support, but would there be any drawbacks to the currency and the state itself? Would it get more attention than some of the biggest coins now?
It would be a scam, you say that a cryptocurrency created by a government will not be a scam, but if that is what you think then tell me, what it is fiat for you? To me it is a scam, governments get to print as much currency as they want without any limit or restriction and by doing so they are stealing from the people, so a crypto created by them will be a scam. Imagine that some respectable country would go far beyond legalizing cryptocurrency and start one of its own. It would surely be no scam and it would probably have a strong support, but would there be any drawbacks to the currency and the state itself? Would it get more attention than some of the biggest coins now?
Most likely, we can only be interested in the centralized country's crypto currency. It will be like more convenient use of national money. Centralized crypto currency of another state is unlikely to be necessary if we just do not intend to visit this particular country. Therefore, it seems to me that centralized crypto currency will play a certain positive role. In addition, such a crypto currency will help restore confidence in the decentralized crypto currency.Imagine that some respectable country would go far beyond legalizing cryptocurrency and start one of its own. It would surely be no scam and it would probably have a strong support, but would there be any drawbacks to the currency and the state itself? Would it get more attention than some of the biggest coins now?
Most likely, we can only be interested in the centralized country's crypto currency. It will be like more convenient use of national money. Centralized crypto currency of another state is unlikely to be necessary if we just do not intend to visit this particular country. Therefore, it seems to me that centralized crypto currency will play a certain positive role. In addition, such a crypto currency will help restore confidence in the decentralized crypto currency.Jump to: