the government-owned central coin is the replacement of fiat currency nothing more than in the form of paper they issue digital coin and integrate blockchain for tracking of transactions
I would try out those new coins issued by governments in order to check the percent profit as I am a productive person so I will spread my portfolio everywhere. Besides the Bitcoin and other crypto businesses I will tryout those coins as well. Furthermore, I will buy those coins if coins are with the same nature just like the Bitcoin and other coins as to be familiar with those coins and to get the profit without any involvement. 
Topic: A coin issued by some country government - would you go for it? - page 7. (Read 961 times)
of course it will be a good investment, if my country come up with it own cryptocurrency for sure i will buy it, but you have to know that it will be regulated and nothing like anonymity. you will have to provide a valid identification for purchase.
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?
Of course such a coin will have guarantees from the government and it is supported. The economy of the country will also support and use the cryptocurrency. 
If the Government issues their own cryptocurrency then it means it would be centralized & state would be having a record of its citizens that would(if) they hold state-issued cryptocurrencies. It may work as same as fiat money that working in a current era, which would be adopted as state crypto and all the buying/selling would be allowed but in their own country but that coin can be exchanged with another country cryptocurrency same as fiat exchange. By doing so the concept of decentralization would have nothing to do with state cryptocurrency.
There is nothing that would make it different from the fiat system that we have always had. I never liked ripple because of that and one of the reason I have never believed in its future no matter how high the price wants to rise eventually because it is centralized, so if I cannot invest in a coin that calls itself a bankers coin, how on earth will I want to invest in a currency owned or issued by the government, hoping something good will come out of it in the long term.We have been doing that since we were kids before satoshi gave us an option, the decentralization option is far better from the look of things.
Why not? Every digital currencies has their own advantages, and I think there are a reason why the government created such currency. If that currency has a advantage to me when I will be using it, I will gladly buy some. But I don't think that it will be used by the government to have another way of getting a source of money so I think if they will be issuing a crypto currency, it might be a currency with the value the same as their currency.
personally, we already knew what will likely to happen when there is an issued cryptocurrency by the government, but if it is really a mandatory and there are certain conditions to be met, then there is no other choice aside from going on with it, but if there are some things that doesn't seem right, then there is no reason for me to go on.
Any government-issued coin or token will not be decentralized and is subject to control by their central bank. It will be the same like their national currency or fiat and the only difference is being a virtual currency. It's better to stick on the real blockchain-based and decentralized cryptocurrencies where no one is controlling it.
If that coin would be issued by some of great countries with great economical background I will deffinately invest in it
How would you invest in it when governments are only looking to tokenize their existing fiat system? If you have $100,000 in your bank account, you directly have that number in fiat tokens when they decide to completely shift over. It's not a matter of 'I will probably embrace it', but you have to embrace it when the government thinks it's time.
Not every country will end up initiating an ICO for its own benefit similar to what Venezuela did. Maduro just needs to secure his criminal empire, which is exactly why that PetroCoin was created. All his traditional assets can be seized/frozen, which isn't possible with his new crypto toy. It's a safe haven asset granting his criminal squad a peace of mind. We'll see how long it will last, but know that every investor putting money in that coin financially supports Maduro to keep terrorizing his country.
If that coin would be issued by some of great countries with great economical background I will deffinately invest in it
the government-owned central coin is the replacement of fiat currency nothing more than in the form of paper they issue digital coin and integrate blockchain for tracking of transactions
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?
Well, with the existence of the UN, I doubt that it can possibly happen.
Anyway, for the sake of argument, yes I will definitely buy that coin and will swap it to USDT.
Could you give me any scenario on how a "respectable country" will create a cryptocurrency? Because if you will tell me about making their fiat currency go digital than haven't they done that already? From different kinds of payments such as VISA credit cards and cryptocurrencies they have digitized it now. I only think that if this country will create their own kind of cryptocurrency they will only see it as a weaknes and they are only doing that in order to collect some funds to pay off some debts.
Yes! I will go for it. Government is the one who issued this coin, so it is safe to invest in it. Government will protect this coin that no one can use it to scam others.
No way. I will be just sticking to my bitcoin. The reason as to why cryptocurrency was created it to oppose the corrupted governments and banks. I would not go around investing in corrupted governmental coin, even it is valuable and many people trust in it. As a matter of fact, more regulations will be put on it and perhaps taxes will be imposed on people. So, I do not think I will be interested. I am just waiting for the bitcoin price to grow.
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?
Could, cause if goverment will make its own coin there will be some money spent on ads and there is some chance that people from this country will put some money in it, i could invest in it too but only if future of this coin will be protected. 
Normally no one is interested whether the coin is from a particular country or from any particular institution in crypto market and there are more parameters to look in to it. I prefer the potential of the coin rather than looking into its background, I always look for the future promises the coin has and will check their team background as well.
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'm still stay crypto that no one of government involve because if they do that theres a possibility that they manipulate the market even they sure that their coin is good I'm stay in bitcoin and other currency but not involved with government. I cannot go for any centralized coin as I am done with that. Tell me to trade it, then I can give it a try, but investing is just more like trying to invest in your own country currency. I guess we all know where that has led us to over the years.
I think the state will gain enormous profits for the country if they support the existence of cryptocurrency in the country. So their economy is strong. It may affect the value of their flat currency. But if mutual support, will be a big advantage.
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 think I will investing my money on that coin. Coin issued by government must be back up by tax payer and government trust and thats must be a good investment. I think that will make cryptocurrency market more healthy and more bigger
if ant governments would issue a coin than it would go mainstream really quick because it will give so much confidence to people as they will go after it immediately, the drawbacks are it can weaken their own currency.
But it's decentralized and quite opposite to what we have right now which is a decentarlized economic so people who would go for it are those who just trying to make profit off an investment. i'm not being pathetic by saying that this is a bad thing but if it could make me profit I would go in too.But however, if the government that issue the coin are those comes from 3rd world country or even top 10 poorest country, no way I would go to invest to it because the chance is just too slim.
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