Topic: A government can create a cryptocurrency ? - page 6. (Read 1919 times)
If the government in my country make its own cryptocurrency currency surely I am very supportive to develop by making an investment first.To make the currency recognizable by another country if the currency has a fast development.
if the government creates its own crypto currency, I am willing to buy it on the grounds that there is no worry about the destruction of the market, a coin that must be made by a great person and a good infrastructure. and the coverage of domestic and foreign markets into collateral. the use of coins on daily needs can certainly be maximized.
I can actually imagine it happening in some countries that have accepted the bitcoin or cryptocurrency in general because they will realize how many advantages it has and can possible switch to the creation of their own currency too.
Certainly everybody and every governments can do it. But, we don't know when governments will create their own cryptocurrencies, Will they give us freedom?
What do you think about this possibility ? Would you invest in your government currency ?
It is possible, because the crypto currency is the future technology. It will be needed in the future.
What do you think about this possibility ? Would you invest in your government currency ?
It’s quite possible for the government to create a cryptocurrency. If individuals are able to do it, then the government can be able to do it too. But as for where I’m living, if the government creates a cryptocurrency I will never think of putting my money into it. Nah, I will never do that. And not just my country’s government, no matter the country it is, I will never invest. I’d rather continue with the one I’m doing. Governments are criminals and I can’t put my money into their hands again. What do you think about this possibility ? Would you invest in your government currency ?
It really depends on the use case, in Ireland you can buy the Irish Coin and have advantages if you are a tourit, but the overall use cases and benefits are really low. Estonia is also planning to have an own cryptocurrency with better use cases. And Venezuela has created the crypto currency Petrodollar which is aligned to the oil price. I think we will see a lot more of that in the future.
What do you think about this possibility ? Would you invest in your government currency ?
This is normally possible for a country to create own cryptourrency coin in the cryptocurrency market, they can do it easily because they know that if they will launch Thier own coin than in that case most of the investors will enter in that coin because that was launched by a government country and not only the people of that country will invest but also another countries people will take interest in that coin and in this way lots of money from another country to own country will make flow through cryptourrency .And if any government will launch coin then I will surely Invest in bulk because that will have lots of possibilities of the better stability .
Yes it is possible and many countries launch their own coin like UAE and India also work on it. Government knows that in future digital coin will dominant over the globe and government want to create own way to t control the digital coin to contribute for betterment of economy.
There is nothing impossible for government to create their own digital currency. A government can hire some professionals who are best in their fields and take their help in making their own currency. People will not be reluctant to invest into it because they don’t have any issue of legal or illegal investments. This is a cool idea for the governments to bring their own currencies in the market for making economy strong.
I think that the first significant step in recognition of the crypto currency will be the inclusion of the crypto-currency into the reserves of central banks. And those countries that will be able to issue their own crypto currency and make it in demand for accumulation in reserves of central banks by other countries will be ahead of everyone in economic development. A simple example, remember how America managed to carry out all transactions for oil in the dollar and how the value of the American currency subsequently increased. I think it is in this direction that states should be thought of. I think Japan or Switzerland will be the leaders in this race.
What do you think about this possibility ? Would you invest in your government currency ?
I think government can't do like that. Government peolpe have lots of job to do then they will add the crypto currency in there job list ? It's hard for them to join the cypto world, they have lots of things too learn and to understand. So I think government will never be involve in crypto world.
Yes, of course i always support government currency if ever they have a coin registered in cryptocurrency world so that it can easily manipulated the regulation to the government the use of digital currency.
I really support if our government creates a cryptocurrency a sign of my patriotism to beloved, creating crypto is also a way of introducing the country in the wold market and may be can open businesses to some invetors that may help the growth of the economy.
Some of them are planning on creating one. Well, i wont invest on a country's digital currency if it's not decentralized and i dont like getting tax and track with every transaction i made or to how much i own. But if ever that crypto currency becomes successful i think i'll reconsider and buy some to profit from it.
Yes, of course i always support government currency if ever they have a coin registered in cryptocurrency world so that it can easily manipulated the regulation to the government the use of digital currency.
Yes it is possible and many countries launch their own coin like UAE and India also work on it. Government knows that in future digital coin will dominant over the globe and government want to create own way to t control the digital coin to contribute for betterment of economy.
What do you think about this possibility ? Would you invest in your government currency ?
Its a big yes for me big possibility that government can create a cryptocurrency maybe after they notice or realized that this is useful to the people and many benifited with the said crypto, and they think also that this will be additional income in favor of the government.
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!
Yes,the government has the power and authority to do and create it. I strongly agree and support it. This cryptocurrency will be more stable in price and of course more profitable. Here, there will be an formal issuer and regulator to control its operation. It is safer but it might be centralized system.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!
Of course everyone can make their own cryptocurrency and so as the government, but do you really think they could easily do it without a thorough evaluation? First off, they cant even control it. Second, the whole idea of Bitcoin is against the banks, least thing they could do is to put taxes in every local exchanger in a specific country, which I think that would be enough for them to at least make cryptocurrency legal.
Cryptocurrency is different from Centralized Digital Currency (CDC).
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!
Yes,the government has the power and authority to do and create it. I strongly agree and support it. This cryptocurrency will be more stable in price and of course more profitable. Here, there will be an formal issuer and regulator to control its operation. It is safer but it might be centralized system.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!
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!
Yes,the government has the power and authority to do and create it. I strongly agree and support it. This cryptocurrency will be more stable in price and of course more profitable. Here, there will be an formal issuer and regulator to control its operation. It is safer but it might be centralized system. 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!
Yes the can creat cryptocurrency and have did by Venezuela country where create their cryptocurrency and have more intersted by their people, their cryptocurrency was sold out in short time, but I am not check and follow about how work of their cryptocurrency so far. Government have the power to create cryptocurrency but they have work with blockchain and handle about their cryptocurrency with good market for listed. Make an investors is trust about the government cryptocurrency by listed on big exchange.
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