Topic: Each country has its own crypto currency! - page 27. (Read 3645 times)
is that possible . I do not think it's possible
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?
If it comes to what your speculation is then there won't be a difference between this and having fiat money. The politicians will become fully involved in crypto and so much manipulation will become obvious. I do not think this will be a good thing and idea to happen. 
it is too soon to say anything in my opinion. a cryptocurrency that is issued by the government is somewhat a strange mixture. because one of the factors that has been making cryptocurrency (imagine bitcoin) popular and useful is its decentralized nature. and if a government issues a cryptocurreny it will be centralized and also it may be: closed source and without an open-to-public blockchain.
so it is really hard to say what kind of cryptocurrency they are going to create and depending on what kind, the usefulness of it may be limited and it may not attract any attention and fail.
for now we have to wait and see what happens to the handful of countries that have already done this.
so it is really hard to say what kind of cryptocurrency they are going to create and depending on what kind, the usefulness of it may be limited and it may not attract any attention and fail.
for now we have to wait and see what happens to the handful of countries that have already done this.
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?
will if all countries have there own suitable country crypto coin,i thinks there is no difference than using our own traditional currency,and i thinks this is not good for the economy,because everyone have there own crypto monopoly and make there own crypto coins and if this possible happen maybe there is a big competition or war against the cryptocurrency investment of each other country and maybe the winner nation is those who have a strong monetary fund in the crypto world,so therefore my opinion is not good in the economy investment to have there own different kind of country cyptocurrency,because its like have there own self interest by means of competition.
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?
Still bitcoin will be more expensive than all of that lol,because they will still use blockchain .But i believe before that thing happens atleast cryptocurrency will be legalized first on all that countries for the betterment of usage of their own coins..its Rossiacoin will be the expensive growth for me,
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?
Why would countries need to issue their own cryptos when they already issue their own fiat? All state-issued fiat is already electronic as well and operates predominantly electronically already, so there is absolutely no benefit to a state-issued crypto over the system already in place. The USD is far more versatile in electronic form than Bitcoin is currently and likely ever will be. It's cheaper and easier to send electronic payments currently within the electronic fiat system, the only edge Bitcoin has is possibly speed in that Bitcoin transactions "settle" generally within an hour and electronic fiat transfers take a couple days still to fully transfer, but this would not be difficult to change and stems from the banking system's legacy infrastructure. But it's only moving electrons through a computer, the same as Bitcoin, so shouldn't be difficult to change at all once the banks decide they should.
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?
The whole idea of using cryptocurrencies is to get away from the government's control, and having governments issue their own cryptocurrency defies that idea and i don't think that anyone who is familiar with bitcoin and other currencies will support that idea and invest in them, unless he is after the money, but probably if this thing will goes viral the Us currency would be the most expensive, since it is the most powerful economical country .
I think it will be a tough thing to happen, I think it will be a lot of waste of time these countries, the government will rearrange their economic policy, these countries will survive with their respective currencies, I am just curious about the fate cryptocurrency in these countries.
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 don't know.Why you like to separate coins on this countries.Incase it occurred,the price of USA coin will be on the top of this crypto currency .The order you had mentioned is reasonable,but some of country coins you had skipped.The most important one is Euro coin.It will be on the second position.
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?
Each country has already their own currency. However, if they will have their own crypto, then they will have two currencies and people will be confused. But if they do, I believe the growth will be determined on how many people would use it and the demands for it. If we try to study the number of people involve in crypto per country, USA has the largest number of people involved in crytpo. So, basically, it will have the highest price.
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?
If every country will be issuing their own cryptocurrency then there will be no use for their physical money. And what is the use then? It is either they will abolish the physical money and shift cryptocurrency or continue with physical money and forget about cryptocurrency. If they issue cryptocurrency, what will be the use, will they be able to trade it with USAcoin or RUSSIAcoin as you said?
The downside of this is that there are some countries that are not that known so most probably it is not showing any growth than those other countries that are well known. It would be better to have a universal coin than to have a coin in each country though.
I think that it is better to have a universal currency bitcoin. )) As for me, this is the best possible solution!I think that it is better to substitute dollar with bitcoin and make it one for all countries) I would like to have such system
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.
The fact that the countries issued them themselves means it will still be controlled by them (that is, it becomes centralized again), but that is not the innovation behind cryptocurrencies. It should be decentralized. So the overall fact is that, it will still be the same as the fiat currencies.
By the way check the spelling of "RUSSIA"
By the way check the spelling of "RUSSIA"
It will be the same as todays currencies. The expensive one will be the one with the strongest economic development.
This is an endless scource for political jokes, but I would say, that we wont feel any difference, now every country already do have their currency
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?
In my opinion, the currencies of those countries where there are many resources and industries will be highly valued. Where the currency will be provided with something.
Each country has its own electronic money. Because the value of each currency in each other. And the psychology of players is different in every country. That is why bitcoin in Japan is very developed and in Vietnam is not equal.
It is likely to be just as expensive when many have commented on it and are likely to be in the value of the digital coin will always depend on the crypto market. It's their own interest why they make digital coins just for their country. if there is a fiat money now
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