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Topic: France to launch their own cryptocurrency - page 2. (Read 951 times)

sr. member
Activity: 1050
Merit: 277
December 12, 2019, 11:58:23 AM
This is great news! I hope other countries jump aboard the crypto wagon and embrace blockchain technology and the future. It will be very interesting to see how they introduce it to their people and if they will have a dual economy? One based on fiat the other on crypto. Would investing in such currency be a good idea? I think they will tie the value of the crypto to their local currency until it gains more adoption.
sr. member
Activity: 1078
Merit: 340
December 12, 2019, 11:53:03 AM
If the country of France teaching high school students about cryptocurrency that is great idea that france do because the students have a chance to change their lives once they know how the cryptocurrency really works.  I hope once they launch thwir own cryptocurrency it will be help to the crypto world to become popular and the potential coin will increase with the help of their own coin.

Actually you have an "option" to teach students about bitcoin. So it's a small step for a big adoption.
link to the article : https://cointelegraph.com/news/french-high-school-students-will-learn-about-bitcoin-and-crypto
if you need more, I will translate from french.

Again the main question is : how will they use it ?
So far it is just a test for financial institution. We will see what they will do to target the all country
sr. member
Activity: 1274
Merit: 278
December 12, 2019, 10:48:42 AM
Yes, but i do not like the idea of every country making its own cryptocurrency. Just that we have local fiat for every country do we really needed to make replica of it by making a separate coin for every country. Why can't we have a one world currency bitcoin which is free from inflation and everyone trust it.
If they plan to transition their fiat currency in to digital and they think it could be possible then why not? Imagine if you are just swiping a card with bitcoin or altcoin in it to make a simple transaction without even counting and getting money from your wallet. Imagine travelling without hassle in getting money in a vehicle full of passengers? And imagine sending transactions to many people, with cryptocurrency, every transaction is possible and we couldn't blame country's when they see the light in crypto.
sr. member
Activity: 1274
Merit: 263
December 12, 2019, 09:31:08 AM
If the country of France teaching high school students about cryptocurrency that is great idea that france do because the students have a chance to change their lives once they know how the cryptocurrency really works.  I hope once they launch thwir own cryptocurrency it will be help to the crypto world to become popular and the potential coin will increase with the help of their own coin.
legendary
Activity: 2282
Merit: 1041
December 12, 2019, 09:28:01 AM
Actually this is a matter that has been discussed very often not even once or twice someone discusses the news contained in an article or news out there, I strongly believe that all countries will make cryptocurrency for their country's growth, we know that every country cannot against the growth of the digital era because the digital era is already very strong to compete with, so it is inevitable that every country will participate to create a new movement for global economic growth in the future ..

Government backed digital currency is the future we are already seeing this going to happen after China reveal they are creating digital currency so countries followed. Somebody figured forcing people to use digital currency is the best way for government to track the money and also the government can collect tax properly, this is good way for government to manage the country.

While we tried to use decentralize currency to take the power back using blockchain, the government also figured to use blockchain against it.
hero member
Activity: 2110
Merit: 502
December 12, 2019, 09:08:31 AM
Actually this is a matter that has been discussed very often not even once or twice someone discusses the news contained in an article or news out there, I strongly believe that all countries will make cryptocurrency for their country's growth, we know that every country cannot against the growth of the digital era because the digital era is already very strong to compete with, so it is inevitable that every country will participate to create a new movement for global economic growth in the future ..
jr. member
Activity: 53
Merit: 1
December 12, 2019, 08:46:06 AM
this will bring a boost to the cryptoworld in my opinion. and will increase adoption of cryptocurrency usage.
sr. member
Activity: 1078
Merit: 340
December 12, 2019, 08:24:45 AM
Honestly I'm waiting the result. I'm French and we are not really into the décentralisation part of crypto .. 1 year ago the president of the French Bank was against Bitcoin and crypto and was spreading false informations and using the "tulip bubble " case instead of the dotcom one to discredit crypto..
I know they don't like Bitcoin but let see which aspect of crypto they will keep.
sr. member
Activity: 625
Merit: 258
December 12, 2019, 07:31:23 AM
I kinda loved the way people were adopting bitcoin as a single coin.
But now i see it is more towards centralized currencies for each country rather than having a global one.

It seems the power of having such crypto from their country is making people more greed rather than working together.
If that brings new people to the investors table as well for bitcoin i will be glad to know about it.

Nevertheless it's good that teach the younger ones.
sr. member
Activity: 784
Merit: 251
https://raiser.network
December 12, 2019, 07:22:07 AM
well, it seems like France will also launch their own cryptocurrency next year. it's funny that just year ago they despise cryptocurrency(article about it) and now they are launching their own cryptocurrency
and even teaching high school students about cryptocurrency(article about it) and preparing them for it. how things have changed in just a year Cheesy Cheesy

This proves that crypto currency is more helpful. maybe, they saw how crypto might change the whole country, like china that wanted to banned all crypto currency in their country but now we saw and they are working to clear all scams and wanted it be more useful with no obstruction. it will continue and spread throughout the community, so there is no doubt that crypto will use as our main currency soon.
sr. member
Activity: 756
Merit: 251
December 12, 2019, 07:13:12 AM
If they are ready for it then its there prerogative. Crypto is really a wide array of opportunities. It does not strict to anyone who wanted to replicate or make new crypto. I haven't known yet if there regulations for that matter. Well, France has just realize the value of crypto currency and making the move to have their own crypto is somehow a right decision for them.
sr. member
Activity: 756
Merit: 250
CryptoTalk.Org - Get Paid for every Post!
December 12, 2019, 04:20:52 AM
in my opinion countries in the world have realized the great potential of cryptocurrency so that those who previously refused crypto were eventually attracted and made their own crypto. Previously I also heard that China and Venezuela will make their own crypto and now France as well. I think most of the countries want to make their own crypto and later this crypto can be controlled by them. Government-made cryptocurrency is a centralized crypto, unlike bitcoin which is decentralized. but I'm sure when they make crypto in the end they will also legalize bitcoin.
sr. member
Activity: 1498
Merit: 271
DGbet.fun - Crypto Sportsbook
December 12, 2019, 04:20:26 AM
well, it seems like France will also launch their own cryptocurrency next year. it's funny that just year ago they despise cryptocurrency(article about it) and now they are launching their own cryptocurrency
and even teaching high school students about cryptocurrency(article about it) and preparing them for it. how things have changed in just a year Cheesy Cheesy


Will take note of this!
I hope all of European countries will be a friendly place for cryptocurrency. France is going to join the trend, who's next?
It might give an impact to the industry. Maybe it may an advantage or disadvantage. But let's look for the positive side of crypto, and we should not bash those countries who want to have their own crypto.
sr. member
Activity: 1022
Merit: 280
December 12, 2019, 04:02:15 AM
The way things are going, I will not be surprised to see the whole global economy digitalized in the next one to two decades.

Yes, but i do not like the idea of every country making its own cryptocurrency. Just that we have local fiat for every country do we really needed to make replica of it by making a separate coin for every country. Why can't we have a one world currency bitcoin which is free from inflation and everyone trust it.
hero member
Activity: 1624
Merit: 500
December 12, 2019, 02:56:46 AM
#99
I think something like this will always happen. starting from China, Facebook, Google, Twitter, etc., they again received crypto and began to develop, and take advantage of it. Even Germany has also accepted bitcoin. Yeah, but this is one of the pretty good news. Before entering 2020, I thought France would support crypto and I hope this will make the price of bitcoin. besides, it seems like other countries are also preparing for this.
legendary
Activity: 2898
Merit: 1823
December 12, 2019, 02:33:54 AM
#98
That's the answer? Then I believe you too didn't get the whole "essence" of Bitcoin. No offense intended.


We all have different views on what it is. I understand. No offense is taken. It's just that "essence" for me is that it's a digital currency. I'm just waiting for your answer to that.


It was not a debate. I was merely pointing out that you need to do your research and learn about the basics of Bitcoin. Start your path in topics about Bitcoin's value proposition/decentralization/censorship-resistance, and mining/POW-rewards/fees, and how they relate to the incentive-structure.

Learn that, then prepare to laugh at France's "cryptocurrency".
hero member
Activity: 3024
Merit: 614
Leading Crypto Sports Betting & Casino Platform
December 12, 2019, 12:37:15 AM
#97
well, it seems like France will also launch their own cryptocurrency next year. it's funny that just year ago they despise cryptocurrency(article about it) and now they are launching their own cryptocurrency
and even teaching high school students about cryptocurrency(article about it) and preparing them for it. how things have changed in just a year Cheesy Cheesy


Venezuela launched their own cryptocurrency call Petro time ago and i heard that many big countries are planning to do the same. The governments are more open with cryptocurrencies now and i think this is a good signal.

So far it is not yet in the Coinmarketcap, it will be very interesting if we are going to have one coin creating by one country that makes it in the market list like Coingecko and Coinmarketcap, and many countries will follow if these coins make it at least in the top 50 if this happens expect more countries will follow and this could become a new trend.
copper member
Activity: 658
Merit: 402
December 11, 2019, 09:30:41 PM
#96
well, it seems like France will also launch their own cryptocurrency next year. it's funny that just year ago they despise cryptocurrency(article about it) and now they are launching their own cryptocurrency
and even teaching high school students about cryptocurrency(article about it) and preparing them for it. how things have changed in just a year Cheesy Cheesy




Yes because of influence of Bitcoins many country and companies take a chance to experience its beauty. All in all Bitcoins and other crypto currency is good for the economy why they decline to do that. Just relax and in the future crypto currency will be more accessible to the public.
copper member
Activity: 2940
Merit: 1280
https://linktr.ee/crwthopia
December 11, 2019, 08:57:56 PM
#95
Bro, how about we listen to what the guy said?
https://www.bis.org/review/r191204f.htm
Thank you for this. It's an informative read that gave me more information about the upcoming CBDC plans and what it could offer for consumers and private entities as well. With the wholesale and retail type of currency. I may have gotten out of topic thinking that I know what I'm talking about. Anyways, we still have to wait on the "positive externalities" and the "potentially negative externalities" with having CBDC.

Banks don't care, as long as it's a centralized system they can revert transactions anytime they want, that's how refunds have been working for half a century.
I have never thought about it that way. That's the advantage of that centralized system.
sr. member
Activity: 1288
Merit: 253
December 11, 2019, 08:50:19 PM
#94
well, it seems like France will also launch their own cryptocurrency next year. it's funny that just year ago they despise cryptocurrency(article about it) and now they are launching their own cryptocurrency
and even teaching high school students about cryptocurrency(article about it) and preparing them for it. how things have changed in just a year Cheesy Cheesy


Trusted source link for believing with France want to launch their own cryptocurrency, we got positive side before when France have allowed blockchain become their syllabus in senior high school for giving their student take benefit by digital currency payment like bitcoin, not France try to adopt and create their own coin give chance for their people investing and make digital as currency payment at the future.
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