Topic: France to launch their own cryptocurrency - page 5. (Read 951 times)
The example of the country that wanted but couldn't prevent the evolution.
Now seems we have new war and its all about own cryptocurrencey developed countries every time going ahead of world as they have some good advantages which helping them to steal show so now Germany France is going in new era which will be followed by many in next few years blockchain and this crypto world going to change the world in new era.
So they realize China is doing the right thing?
Crypto benefits for this is the path to adoption but there is a catch to it.
If all countries have this digital currency, then the government may be able make regulations their way also. If the fiat papers are going to be useless anymore, we would be force to buy these digital currency they create but would have to submit KYC again. Taxation follows after it. BTC and perhaps other coins will still be here.
Is this the norm now! Countries are creating their own cryptocurrency this days, am wondering how this is going to benefit the crypto space, at least, this government of this country's are recognizing the importance of digital currency, if this is a good thing i hope other countries will emulate them.
Crypto benefits for this is the path to adoption but there is a catch to it.
If all countries have this digital currency, then the government may be able make regulations their way also. If the fiat papers are going to be useless anymore, we would be force to buy these digital currency they create but would have to submit KYC again. Taxation follows after it. BTC and perhaps other coins will still be here.
Is this the norm now! Countries are creating their own cryptocurrency this days, am wondering how this is going to benefit the crypto space, at least, this government of this country's are recognizing the importance of digital currency, if this is a good thing i hope other countries will emulate them.
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I don't really read the articles that you fully link to, but if that happens (officially) France issue their own cryptocurrencies then the countries in America and around the countries will be affected. the excitement made by China when China made a statement about issuing their own cryptocurrency still hasn't subsided, and this time it was Francis who issued a statement, this is good news. 
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
This news comes as a welcome development to the entire cryptocurrency and blockchain space. With France showing signs of adopting crypto, it marks the beginning of greater things to come as far as blockchain technology is concerned. Cryprocurrencies are here to stay no matter the initial setback caused by Governments of the world and even teaching high school students about cryptocurrency(article about it) and preparing them for it. how things have changed in just a year
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
and even teaching high school students about cryptocurrency(article about it) and preparing them for it. how things have changed in just a year
they probably learned that they can centralize it and control it after all
so they stopped disliking it
I think this is part of the government's black campaign against cryptocurrencies to save their currencies. They give bad information to the public but do research at the same time to publish their own cryptocurrency. After many countries competed to publish their own cryptocurrencies and now every central bank realized that cryptocurrencies are truly beneficial.
The outlet reported via Twitter, the Bank of France’s governor, Francois Villeroy de Galhau, said in a recent statement that his organization will start running “experiments” rapidly on digital assets and will “launch a call for projects” before the end of the first quarter of 2020 — literally just three or four months away. Galhau made this comment at ACPR, a French regulatory agency for banks and insurance based in Paris 
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
It's actually good to know that more countries like france are starting to launch their own coin, and adopt blockchain technology and cryptocurrency like Facebook and China, that is why there are really a huge chance that every countries all over the world start to legalize bitcoin as a currency that everyone will be using a bitcoin in the near future. and even teaching high school students about cryptocurrency(article about it) and preparing them for it. how things have changed in just a year
Just like politicians things change a lot when there is incompetence and ignorance. If they would have researched the technology well enough on the first time they would have found the powerful properties of cryptocurrencies and blockchain technology altogether.
France and Germany must be a good country to stay when all of a sudden your country ban crypto.
They block facebook libra and now they wanted to have their own, I guess its best for every country to have their own since China first created their own as well. This isn't going to be surprising anymore since economy is almost dictated by powerful countries like China. Someone should also advise Trump to do the same if he gets re-elected.
France, China, Germany. Soon all countries will have their own cryptocurrencies
They block facebook libra and now they wanted to have their own, I guess its best for every country to have their own since China first created their own as well. This isn't going to be surprising anymore since economy is almost dictated by powerful countries like China. Someone should also advise Trump to do the same if he gets re-elected.
Going to the horse’s mouth (see https://www.bis.org/review/r191204f.htm), it seems that the Governor of the Bank of France is well aware of the challenges:
Of course the French initiative is subject to complement European Union initiatives, such as that announce recently by the ECB (European Central Bank), who seems amidst debating on the designs of a potential digital currency for the EU (see https://en.cryptonomist.ch/2019/12/05/ecb-to-develop-european-digital-currency). The French initiative should therefore be viewed as a divide and (try to conquer) approach to digital currencies in the EU, and not a stand-alone solution-to-be.
Quote
<…> There is no denying that, today, the "centre of gravity" for payments is shifting towards these new players, especially the BigTechs. This displacement poses a challenge for banks' economic model, but could also be a threat to European sovereignty insofar that the infrastructures, knowledge and technologies underlying it are largely owned by non-European corporations.<…>
And although he seems to not have taken a shine to Bitcoin:Quote
<…> The first wave of speculative crypto-assets such as bitcoin - which are very volatile, with no real underlying economic basis and perhaps no real future - has been succeeded by a second generation of assets - stablecoins - based on the same promising blockchain technology, but now backed by mechanisms designed to stabilise their value <…>
He is committed to a goal:Quote
<…> l propose concrete measures to make cross-border, extra-European payments significantly cheaper and faster.<…>
And the stepping stones towards that goal start by:Quote
<…> We are particularly keen to take part in experiments to integrate a "wholesale" CBDC (central bank digital currency) into innovative procedures for exchanging and settling tokenised financial assets.<…>
Our actions will naturally contribute to the work of the Eurosystem, which should make looking into the possibility of an "e-euro" one of its next focuses <…>
creating a CBDC would give us a powerful lever with which to assert our sovereignty in the face of private-sector initiatives such as Libra <…>
Our actions will naturally contribute to the work of the Eurosystem, which should make looking into the possibility of an "e-euro" one of its next focuses <…>
creating a CBDC would give us a powerful lever with which to assert our sovereignty in the face of private-sector initiatives such as Libra <…>
Of course the French initiative is subject to complement European Union initiatives, such as that announce recently by the ECB (European Central Bank), who seems amidst debating on the designs of a potential digital currency for the EU (see https://en.cryptonomist.ch/2019/12/05/ecb-to-develop-european-digital-currency). The French initiative should therefore be viewed as a divide and (try to conquer) approach to digital currencies in the EU, and not a stand-alone solution-to-be.
France pleases me more and more, maybe I should move there?
France, China, Germany. Soon all countries will have their own cryptocurrencies
probably because they think crypto cannot be denying , so the better way for it is just create a own crypto currency.
its a weird thing right ?
firstly they declare to ban,war or everything, then now , they just reversing their own words.
At first China wanted to make their own cryptocurrency and now France want to make their own too. I think it is now a trend that most of these countries will start to make their own cryptocurrency despite of banning the cryptocurrency they still plan to make one. It's like they were following what was the China have been doing in the past and up until now. Someday we will be hearing another same story like this in the future. its a weird thing right ?
firstly they declare to ban,war or everything, then now , they just reversing their own words.
Wow this is new, if this is real then there is a serious move toward accepting crypto world wide and with this we should stay full time in. We blessed to be here today.
France fits perfectly in this beautiful line of other statism-obsessed countries who are also developing their own cryptocurrencies, like Venezuela, China and North-Korea.
Keep it real guys. If they'd do it for the sake of the people, then why are they so afraid of Bitcoin?
Keep it real guys. If they'd do it for the sake of the people, then why are they so afraid of Bitcoin?
and am even wondering why this country are so eager to create their own crypto when there are so many in the market? they have to do is do a thorough search and select the one that best fit their needs and do partnership with that project to further strengthen the foundation of such project, instead, this country are busy creating new crypto for their country
France fits perfectly in this beautiful line of other statism-obsessed countries who are also developing their own cryptocurrencies, like Venezuela, China and North-Korea.
Keep it real guys. If they'd do it for the sake of the people, then why are they so afraid of Bitcoin?
Keep it real guys. If they'd do it for the sake of the people, then why are they so afraid of Bitcoin?
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
France become friendly country in Europe to adopt and receive bitcoin as legal currency, after adopting bitcoin as syllabus in their school now France try to launch their own cryptocurrency. After France success adopted and created their own cryptocurrency coin I think give chance for other country in Europe will adopt and receive bitcoin too as legal currency payment transaction. and even teaching high school students about cryptocurrency(article about it) and preparing them for it. how things have changed in just a year
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