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Topic: Each country has its own crypto currency! - page 25. (Read 3645 times)

full member
Activity: 363
Merit: 101
It has long been said about the globalization of the whole world. Who is 100% sure that BTC, ETH and other crypt currencies are not a secret services project for control and introduction to the digital world of all who use money. And if each country releases its cryptography in the guise of fighting corruption, illegal trafficking in human beings, weapons, drugs, etc., they will establish full control over the population.
If it is gonna happening then all the crypto coins should be tax free and using in the benefit of people that will let the crypto survive. On the other hand if the crypto coins are not designing in the benefit of people then this would be a failed attempt and all the coins will be opposing by people which will result in the failure of these coins and thus crypto will not survive.
full member
Activity: 1344
Merit: 110
SOL.BIOKRIPT.COM
If countries issue their own crypto-exchange system USAcoin, CHINAcoin, ROSSIAcoin, GBcoin, etc. Do you think which of them will initially be expensive and will show growth?

They don't need to. What for? That would have no use.

p.s.
Also your
ROSSIAcoin
makes everyone understand your citizenship in one moment.  Grin

There are benefits if the country makes its own crypto currencies. look at Venezuela now they have started to used blockchain and therefore have their petro tokens.
jr. member
Activity: 420
Merit: 1
Very interesting question, which I have never thought of... Of course, at once all countries will release their currencies with a high price, but then everything is stabilized. Each country is delivered to hope that the visit has lost and delivered a "keep the mark" high prices at once, but then the market will all put in place.

Countries are not going to release their own cryptos. There's no reason to. Each country already has their own fiat currency that they can completely control, and the currencies already operate digitally, so there is no benefit or purpose to issuing a state-denominated crypto.  The US dollar is the most robust digital currency in the world currently, and Bitcoin specifically or cypto generally is never going to come close to the level of adoption or utility the US dollar already commands.
In every country, even in the most developed, there is a large turnover of fiat money that is not taxed. The release of own crypto will allow to establish control over all money.And the main crypto currencies (btc, eth, etc.) will be used for international payments as now $ USA.
legendary
Activity: 2044
Merit: 1115
★777Coin.com★ Fun BTC Casino!
Very interesting question, which I have never thought of... Of course, at once all countries will release their currencies with a high price, but then everything is stabilized. Each country is delivered to hope that the visit has lost and delivered a "keep the mark" high prices at once, but then the market will all put in place.

Countries are not going to release their own cryptos. There's no reason to. Each country already has their own fiat currency that they can completely control, and the currencies already operate digitally, so there is no benefit or purpose to issuing a state-denominated crypto.  The US dollar is the most robust digital currency in the world currently, and Bitcoin specifically or cypto generally is never going to come close to the level of adoption or utility the US dollar already commands.
hero member
Activity: 2814
Merit: 911
Have Fun )@@( Stay Safe
If countries issue their own crypto-exchange system USAcoin, CHINAcoin, ROSSIAcoin, GBcoin, etc. Do you think which of them will initially be expensive and will show growth?
I really do think in the future it will happen, every country starts coming out with their digital currency as an alternative to the fiat system, but it all depends upon how users are going to purchase them and what incentives they can give to force or attract people to use them, it does not make any sense for everyone to come up with their own currency but who knows what the future holds as it is fairly new to tell anything about this market in the long run.
sr. member
Activity: 714
Merit: 251
If countries issue their own crypto-exchange system USAcoin, CHINAcoin, ROSSIAcoin, GBcoin, etc. Do you think which of them will initially be expensive and will show growth?
Of course if you mean fiat of every country will be changed into crypto then USA will still have the most expensive among those countries that you have said.
Despite the fact that the Dollar is an international currency, its value is ahead of the pound sterling. Proceeding from this, I believe that in Great Britain there is more chance of having a more different crypto currency.
full member
Activity: 674
Merit: 101
I am hired and not own by any Team!
If countries issue their own crypto-exchange system USAcoin, CHINAcoin, ROSSIAcoin, GBcoin, etc. Do you think which of them will initially be expensive and will show growth?
Of course if you mean fiat of every country will be changed into crypto then USA will still have the most expensive among those countries that you have said.
full member
Activity: 630
Merit: 102
The essence of bitcoin is to bring decentralization in our financial system so if each country have its own cryptocurrency certainly centralization will set in and USAcoin will be the highest in terms of price because USA is the world power.
full member
Activity: 1470
Merit: 108
If countries issue their own crypto-exchange system USAcoin, CHINAcoin, ROSSIAcoin, GBcoin, etc. Do you think which of them will initially be expensive and will show growth?

Such a thing will not show as much growth as other coins because they will have limited buyers (a specific country). With government getting involved, it would not be transparent as well and you may have to pay additional money as fees to them. I do not think that anyone will like that as we already have better options available.
hero member
Activity: 2366
Merit: 793
Bitcoin = Financial freedom
if this happen i think it would be regulated and the price will be the same as fiat. it will be more stable compared to others altcoins and not an ideal for investment. we know that crypto is fast in transaction so country with own crypto will be convenient.

Yes some countries crypto currencies are not as popular as much but it is a good thing to make the country digital and the development of the crypto currencies is also helpful with that .
member
Activity: 210
Merit: 10
https://eloncity.io/
Very interesting question, which I have never thought of... Of course, at once all countries will release their currencies with a high price, but then everything is stabilized. Each country is delivered to hope that the visit has lost and delivered a "keep the mark" high prices at once, but then the market will all put in place.
full member
Activity: 401
Merit: 100
If countries issue their own crypto-exchange system USAcoin, CHINAcoin, ROSSIAcoin, GBcoin, etc. Do you think which of them will initially be expensive and will show growth?

Maybe their level will give effect on it, if you think of it, if a third world country make a coin, will anyone buy it other than their citizens, ofcourse they will buy those coins that are made from leading countries
member
Activity: 203
Merit: 17
I think, in general it is a strange idea, in the world of the future we dont need borders, we dont need different money etc, all things should be easily for communication, thats why the decentralised technology started to be important, it is not only about money, it is a revolution of many aspects or our modern life that must be upgrade.
newbie
Activity: 146
Merit: 0
I think among the three USAcoin will become more interesting because the United States of America has many alliance compare to China and Russia. Russia has small amount of residence compare to USA, China although it has a great amount of people still not all are able to become an investor, and when it comes to influence it is quite obvious that USA most influential compare to China and Russia.
newbie
Activity: 136
Merit: 0
I think china and USA are going to be the most developed and have good grades. Because they can organize, market, and maximize the function of coins they have.
full member
Activity: 532
Merit: 100
if this happen i think it would be regulated and the price will be the same as fiat. it will be more stable compared to others altcoins and not an ideal for investment. we know that crypto is fast in transaction so country with own crypto will be convenient.
sr. member
Activity: 714
Merit: 261
First of all it wont be expensive in the first glance. It will be very cheap as it would be a government initiative where they will allow the people to buy it at very low cost. They will attract many people around the country and thus slowly the demand will keep rising. One time will come when that will be really expensive to earn.

However government should provide some facilities against these coins, otherwise no one will use it. Government project can also fail!

- They should allow the use of it to get public transport tickets
- Pay all the bills sticking to home
- Insurance can be covered with it
- Education system should be improved via it

And much more to count on. Government does have many facilities like this then the national crypto coin will get the special attention.
hero member
Activity: 1890
Merit: 831
They will be the same as the Value of the fiat is what I think because off the richer ones have higher people who will invest.
It will be same as fiat no difference the only thing would be it being digital thus I do have no hopes with something of that sort since it can only digitilize the present fiat system.
As long as it's decentralized it will be backed by the government the stronger the government is the better the currency will be.
full member
Activity: 322
Merit: 100
if every country has its own crypto money exchange tool then i will choose russia which will experience success and development fastest and advanced, because my consideration is in this country even give access to its people and facilitate it, and besides that many emerging bounty managers and experts crypto is there, I think one of the supporters of the progress and development of digital exchange tools, thank you
jr. member
Activity: 329
Merit: 3
If each country has its own cryptocoin definitely the biggest countries coins will essentially grow faster because they have capable in making there coins more demands in reflect to there biggest economic stability and industry to pursue there coins more valuable than others.
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