Topic: Each country has its own crypto currency! - page 5. (Read 3644 times)
Off course, thats a particular known coin of a country. Price and volume will growth naturally because people living there have to use that coin no matter what. Coins is also a decentralized which much better than a fiat money. You can hold any money you want and have full access with it unlike banking.
cryptocurrencies are based on blockchain technology. that is why they are considered to be decentralized. they can not be under control or effect of any government or any group. so it is not a logical idea for countries to have their own cryptos.
And why not ? If blockhcain is decentralized does it mean a country is not applicable to create their own currency/crypto ? . they can still create thier coin because creating a coin does not need any restriction as long as the coin is not a local currency . for example bitcoin is created by satoshi nakamoto and satoshi is known to be born in the usa . same applies to other coins . their founders nationatlity is what represent them
cryptocurrencies are based on blockchain technology. that is why they are considered to be decentralized. they can not be under control or effect of any government or any group. so it is not a logical idea for countries to have their own cryptos.
And why not ? If blockhcain is decentralized does it mean a country is not applicable to create their own currency/crypto ? . they can still create thier coin because creating a coin does not need any restriction as long as the coin is not a local currency . for example bitcoin is created by satoshi nakamoto and satoshi is known to be born in the usa . same applies to other coins . their founders nationatlity is what represent them
cryptocurrencies are based on blockchain technology. that is why they are considered to be decentralized. they can not be under control or effect of any government or any group. so it is not a logical idea for countries to have their own cryptos.
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?
any country don't want to develop there cryptocurrency because it can be higher risk or two manage normal currency and cryptocurrency equally in the country so I think it will not be possible now but some good regulation will made anything be possible so it can be happen in the future.I think that this is not a good idea for every country to develop its own coins as it will not serve any purpose. Crypto currencies are decentralized and even if every country make its own coin, they will not be able to control or regulate it. I think we are moving towards "one coin one world" theory and bitcoin will be the best option for that.
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?
certainly a country that has a more developed and developing economy and in my opinion if all countries have their own crypto currency, maybe the nature of the crypto currency will change the nature and function
This is a very wide imagination that may never see the daylight, did you also consider the third world countries where the countries foundation is seated on corruption? bitcoin will be two transparent and expository for them to operate on, but if by miracle all countries choose to have their own crypto definitely each country will be affected by their investment policies and economic realities.
i dont know, maybe it will following fiat. who have high grade will have high value in cryptocurrency. but the point is not which country that have high value, but it will work as currency and tradable to each country or just for their country. more complex it uses is better for poeple
If countries create their own cryptocurrency, I think their price will be the same as their fiat money counterparts.
Probably true but many dont consider this as option or they ban usage of crypto entirely. This is however good idea but this will never see light of day, maybe in developed countries they will consider this to be pilot project and gather experience for this for later doing, but for the moment this is like this.
If countries create their own cryptocurrency, I think their price will be the same as their fiat money counterparts.
I think each country will still have growth. There is not much of a difference of the situation with the idea about money. If money is owned by each country then that would almost be similar to the physical money. I think there will be a kind of currency that could unify all and will stand as a sort of neutral coin, that I think could be played well by bitcoin.
if every country has own coin. the price will as like the fiat currency. but those several country currently ban crypto in their internal country transaction. my opinion what and why their will change their currency for crypto is not that useless. i have seeing new about the country that interested to changing fiat in to crypto but that just an issue.
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?
mostly it will not happen in any country because the country depends upon only the paper currency that they have been used for developing their economy so people will not accept the currency if they have been developed any cryptocurrency.Most country now have digital money but not crypto. Its called digital money because still controlled by government or central banks. If government create their own crypto, the exchange must be like what happen in forex market
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 function and nature of the crypto currency will change if indeed it occurs crypto currency from a country that is advancing its economy which will move forward and as the best crypto currency of courseIts meaningless if government and central banks control the supply or transaction data. Government can make their own crypto but its not different with fiat money.
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?
mostly it will not happen in any country because the country depends upon only the paper currency that they have been used for developing their economy so people will not accept the currency if they have been developed any cryptocurrency. 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 function and nature of the crypto currency will change if indeed it occurs crypto currency from a country that is advancing its economy which will move forward and as the best crypto currency of course
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 function and nature of the crypto currency will change if indeed it occurs crypto currency from a country that is advancing its economy which will move forward and as the best crypto currency of course
If every country has it's own cryptocurrency ,i think it will become centralized so that they could manipulate the volume and market and they have full control over it like fiat currency. And even if every country has it's own digital currency it doesn't mean that it will replace fiat instead it will be a subtitute or additional method to be use in exchange of goods amd services.
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?
any country don't want to develop there cryptocurrency because it can be higher risk or two manage normal currency and cryptocurrency equally in the country so I think it will not be possible now but some good regulation will made anything be possible so it can be happen in the future. 
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 all countries have their own crypto currency I think the nature and function of the crypto currency will change maybe it will have only the economic system that the government will use Jump to: