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Topic: Each country has its own crypto currency! - page 7. (Read 3603 times)

full member
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February 09, 2019, 09:31:38 PM
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?
it based on how people will accept them in the beginning and how the country will promote their own cryptocurrency for development these two things will decide how the currency will develop and when it will be more powerful.
sr. member
Activity: 585
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February 09, 2019, 12:20:53 PM
It will similar to usd,euro,etc and we take that possibility in account then it will comparable to fiat ranking,but we might see more digital transactions if this happen and thus more regulations would be there which is not good as concept of decentralization.
sr. member
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February 09, 2019, 12:17:06 PM
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?

That's impossible to be happen dude, due to government was a kind of centralized based while crypto is decentralized don't ever forget that in your mind. Government don't like transparency as the way of decentralization has transparency. And because of this system of digital currency people around the world embrace this things.
if every country own cryptocurrency that is difficult to happen because if every country makes its own cryptocurrency they will definitely play a price game and certainly will make coin prices easy to manipulate and there will be many bad risks that might occur later.
full member
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February 09, 2019, 11:04:12 AM
Good ideas if every country have own crypto currency, but they have depend on bitcoin and their own coin crypto have connection with bitcoin and become of bitcoin part, how ever bitcoin is main of altcoin and without bitcoin altcoin is nothing.

i understand what you are trying to say and yes i agree on you . no matter how many country will create thier own coins  . many people will still stick on bitcoin and also on other popular cryptos .


if that happens, the crypto currency will become the world-recognized currency as the legitimate currency to use, and bitcoin as the parent of all crypto currencies will become the biggest exchange of crypto currencies in the entire world.

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and bitcoin as the parent of all crypto currencies will become the biggest exchange of crypto currencies in the entire world.

bitcoin is not an exchange because it is a currency ( a crypto )

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if that happens, the crypto currency will become the world-recognized currency

every country do already have thier own crypto's but that isnt enough for cryptos to become famous .

- So far , i have never seen a country based coin that become popular but online exchange yes  .
full member
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February 09, 2019, 10:54:04 AM
It is happening already, venezuela has done it, soon iran will make their rial coin, then russia after that. I predict the russian rouble coin will be the most valuable for energy and weapons trading

Every country that legalizes Bitcoin will make a great Altcoin from each country to take advantage of the benefits that can be achieved in the future and continue to grow for everyone in the world.
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February 09, 2019, 10:18:32 AM
It is happening already, venezuela has done it, soon iran will make their rial coin, then russia after that. I predict the russian rouble coin will be the most valuable for energy and weapons trading
sr. member
Activity: 616
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February 09, 2019, 06:30:37 AM
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 of course the crypto currency will change the nature and function and of course a country that is an advanced and developing economy that will have the greatest value of course
full member
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February 09, 2019, 03:53:50 AM
if that happens, the crypto currency will become the world-recognized currency as the legitimate currency to use, and bitcoin as the parent of all crypto currencies will become the biggest exchange of crypto currencies in the entire world.
hero member
Activity: 1834
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February 09, 2019, 03:32:08 AM
If the citizen of the country support their coin. Because in my country have my own coin but it will not grow because the coin the price now is very cheap and I don't think any update. But in the other country if they release their own coin maybe it will become successful or the value of the coin will increase because other country have unity which is needed to the coin to rise the price and become popular to others but I think some country Have already.
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February 08, 2019, 10:11:30 PM
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?

That's impossible to be happen dude, due to government was a kind of centralized based while crypto is decentralized don't ever forget that in your mind. Government don't like transparency as the way of decentralization has transparency. And because of this system of digital currency people around the world embrace this things.
This decentralized feature of crypto makes tough acceptance coming from different government institutions, as they want transparency and complete
control with this system, digital currency might attract other countries but not all for this moment, the idea will continue being reviewed and process
we can't say no nor yes if this things will happen to every places.

Having own crypto  from each countries needs them to embrace and adopt the whole system itself.
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February 08, 2019, 10:05:38 PM
Good ideas if every country have own crypto currency, but they have depend on bitcoin and their own coin crypto have connection with bitcoin and become of bitcoin part, how ever bitcoin is main of altcoin and without bitcoin altcoin is nothing.
member
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February 08, 2019, 09:05:51 PM
If countries issue their own crypto system, this will certainly be very interesting. So every country has its own digital currency like real currency. But I am sure if this happens surely many people will only have crypto from their respective countries, this will be very different from current crypto. I am sure crypto will become expensive and show definite growth from developed countries. Because their economy is well established, of course the crypto they make will have good development and high prices, it looks like the United States will be at the forefront if this happens.

Indeed it will be very interesting. But how is this going to be related with the current decentralized cryptoworld? It will be a totally centralized digitalization of payment methods for countries that will provide to the citizens another way of digital cash. Nothing more.

Cryptocurrencies and Bitcoin initially, are created in order to connect and let people make transactions from one place of the world to another instantly. If every country issue its own crypto, I can't imagine how many regulations will this system have that will discourage people of using them.

Its must be centalized currency and its should not called cryptocurrency but digital currency. As long controlled by government on the supply and the price, its should called as digital currency. Cryptocurrency should be decentralized and no authorities control the supply and the price
newbie
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February 08, 2019, 05:23:41 PM
Naturally, any government will try to equate the price of its cryptocurrency to ordinary money in its own country. But it is unlikely to succeed immediately. For a start, they need to "get" people to use them.
Not only the government should do this. All companies, shops and others should start accepting their currency, and then gradually it will infiltrate the lives of people.
hero member
Activity: 896
Merit: 630
February 08, 2019, 04:05:00 PM
Even if each country starts to use its own crypto currency, this will have a positive impact on the widely accepted bitcoin and will increase the use of bitcoin. Because people have experienced the advantages of decentralized and anonymous payment and money transfer system.
newbie
Activity: 20
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February 08, 2019, 04:02:49 PM
Naturally, any government will try to equate the price of its cryptocurrency to ordinary money in its own country. But it is unlikely to succeed immediately. For a start, they need to "get" people to use them.
sr. member
Activity: 812
Merit: 251
February 08, 2019, 02:18:08 PM
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?

That's impossible to be happen dude, due to government was a kind of centralized based while crypto is decentralized don't ever forget that in your mind. Government don't like transparency as the way of decentralization has transparency. And because of this system of digital currency people around the world embrace this things.
member
Activity: 315
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February 08, 2019, 10:22:11 AM
Basically to deal this matter the more wealth the country the more have a chance to take the lead. Wealth and richness and power and community is power to make its own crypto demanding and very useful in more services in daily basis. The government is the key to implement this idea but of course the there will have a serious discussion to passed this agenda.
Maybe every country wants to have its own crypto currency, which means it's just like digital banknotes.
This can happen for countries that have adequate infrastructure and intellectual property, so there is an option to use conventionally namely fiat, or digitally namely crypto.
For the community, it is fairer because there is no compulsion to use certain currencies.
sr. member
Activity: 1236
Merit: 252
January 09, 2019, 03:12:46 PM
Decentralization is key solution to this problems but governments have power to keep it under control. Concept is likely acceptable with changing few lines but mass adoption is required before early talking. Imo governments will not let this idea to destroy their plan.
Well this is not acceptable because as much as I know crypto currency is the system it has it’s own range of acceptance so to make better system of economy we will have to accept the reality that crypto has become our need but in the market there are many coin but each of them are totally decentralized and it is hard to control by government.
sr. member
Activity: 496
Merit: 254
January 09, 2019, 04:59:31 AM
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?
Being expensive doesn’t make any sense. As a matter of fact don’t think anyone is ready to buy an expensive coin. People prefers to buy the cheap coins and store them for value. They will only buy an expensive coin if it’s doing pretty fine, just like Bitcoin is doing. If these countries should create their own cryptocurrency, I’m betting on two which is USA coin and China coin (mainly China)
hero member
Activity: 1358
Merit: 509
January 08, 2019, 06:52:30 AM
Decentralization is key solution to this problems but governments have power to keep it under control. Concept is likely acceptable with changing few lines but mass adoption is required before early talking. Imo governments will not let this idea to destroy their plan.
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