A government can create a cryptocurrency ? - page 26.

phpartisanmaster

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Quote from: brawdias on April 25, 2018, 06:46:36 PM

What do you think about this possibility ? Would you invest in your government currency ?

yes they can create their own cryptocurrency if they are just interested on it as well, japan today is using bitcoins to improve their own economy and i hope that everyone should have the same idea in order for their country to have a better industry.

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Quote from: rowel21 on April 25, 2018, 09:53:17 PM

yes if the development of that currency is sure and when the government can created a currency that mean s they can collaborated with crypto soon they will ligaized it and it would be a positive thing

of course they can make cryptocurrency. private can create cryptocurrency, as well as government. only currently they do not want to make cryptocurrency because they already have the fiat to be developed.

rowel21

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yes if the development of that currency is sure and when the government can created a currency that mean s they can collaborated with crypto soon they will ligaized it and it would be a positive thing

n0ne

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Quote from: brawdias on April 25, 2018, 06:46:36 PM

What do you think about this possibility ? Would you invest in your government currency ?

There is no restrictions, and one such cryptocurrency is created in Venezuela recently. The cryptocurrency was backed by oil and gold, it also gained good support from the people. Few other countries like Switzerland too has created their own cryptocurrency with certain value affixed for each token and those were meant to be used within the country.

Bobby park

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Quote from: brawdias on April 25, 2018, 06:46:36 PM

What do you think about this possibility ? Would you invest in your government currency ?

Government in some countries already banned and regulated cryptocurrencies, it means that it is possible also that government can create their own cryptocurrency. But I think think it is differ from the cryptocurrency because it is more centralized and controlled by the government.
Whether we would like it or not, if the government will make it as a law, we cannot deny that we will invest even a little amount with it. Remember, government holds us and we can't do anything unless we will act as a terrorist.

jaocoincrypto18

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Quote from: brawdias on April 25, 2018, 06:46:36 PM

What do you think about this possibility ? Would you invest in your government currency ?

This is already possible and its happen now in the country of Venezuela in which their President Nicolas Maduro created there own version of Crypto currency and named it Petro coin in which were supported by their people. Now i heard that it was a successful as an investment in spite of US sanctions to ban it.

Cofee.BLUE

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Quote from: brawdias on April 25, 2018, 06:46:36 PM

What do you think about this possibility ? Would you invest in your government currency ?

Well that will be the good things to do instead of banning bitcoin and crypto in the country. Maybe the government are now realized that cryptosystem will really gives and brings a lot of benefits and opportunities to the huge of people and it making sense that it can also help to the economy of the country. I hope that the government will pursuing this to happen and they it could have a better platform so their communities will be pleasant and happy to embrace this project.

LCHY

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of course governments can create cryptocurrencies. And as far as I know, there are many government authorities from nations across the world already researching for this theme now.

Although bitcoin is not controlled by any government authorities, it's price is also unstable, so bitcoin is more like a token of asset rather than a method of payment.

If cryptocurrency of government is created, it's price would be stabler, so that it could be a method of payment more easily.

Haxor321

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Quote from: Bessta on April 25, 2018, 07:10:44 PM

There is a possibility that governments would create their own cyrptocurrencies in the future because as the saying goes "if you can't beat them, join them" , governments would realize the need to cater to the demands of the people for upgraded technology in order to adopt to the continuous growing modern technology. If as of today governments are not considering to join the latest technology it would be to their disadvantage and great loss in the future.

I think that's right and that will be the possible and better way to do because anything that they wanted to do just to stop using cryptocurrencies specially bitcoin will be such a wasted of time because they will never been succeeded. They will never broke the bitcoin system ever so creating an own government crypto I think will be good idea because they are think and realize that what will be the best thing that can they serve to their community and they know that crypto system will be that thing so if that happen I will also support to their projects.

Nichao

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it can and it will. Some says: if you cannot control the process you should lead it, that would happen i think

Bessta

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There is a possibility that governments would create their own cyrptocurrencies in the future because as the saying goes "if you can't beat them, join them" , governments would realize the need to cater to the demands of the people for upgraded technology in order to adopt to the continuous growing modern technology. If as of today governments are not considering to join the latest technology it would be to their disadvantage and great loss in the future.

chaoscoinz

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Of course, if a government is able to regulate cryptocurrency, then I almost certain that they would be able to issue their own crypto coins. The reason why they haven't is because the government is usually the last to upgrade to the most modern experimental technology. I mean, most of the tech they use services the their needs efficiently.
If it isn't broke, don't fix it. Don't be completely surprised if governments around the world do start issuing their own version of Bitcoincoin, or at least start utilizing blockchain styles interfaces for their ledgers.

green_fish

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Banks in some countries are studying their digital encrypted money!

I think I'm going to buy some big country's digital encryption currency, although these digital cryptographic currencies are not decentralized.

But it could be profitable, because the digital cryptocurrencies of these great powers have credit guarantees!

brawdias

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What do you think about this possibility ? Would you invest in your government currency ?

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