What do you think about crypto currency issued by the government? - page 12.

Irvinn

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Quote from: tactac on September 26, 2018, 10:17:02 AM

It is said that central banks plan to release their own curypto currency in some countries,for example Japan..

How do you think about these crypto?

What do we think so far? Let the governments and their central banks issue their centralized cryptocurrencies, and we will see how they will work and whether they will be in demand by the population.
I think that there will be no worse from this decentralized cryptocurrency. It will be like a virtual addition to national money and such centralized cryptocurrencies will go mostly within this state.

JohnBitCo

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Quote from: toast on November 06, 2018, 02:55:13 AM

Quote from: tactac on September 26, 2018, 10:17:02 AM

It is said that central banks plan to release their own curypto currency in some countries,for example Japan..

How do you think about these crypto?

if indeed that happens maybe the government will make the economy system that will be more advanced and developed of course, one day all will use a system that develops in line with the times and technology

Whats the use of digital currency if that is to be controlled by the Government ? We are using bitcoin because it is decentralized.

Susan Smith

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In my opinion, if there are the crypto laoiz that is released by the government then there will not be many users even when it's good. Because then investors must provide government information so it will lose the user's anonymity

Jackblack90909

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I heard that Japan will release its cryptocurrency soon, and that's good news for sure. But in general, I don't trust the crypto currencies issued by governments, I prefer to deal with the anonymous and decentralized crypto which have the highest potential, like Bitcoin and Ethereum.

Triwiyono

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if Japan manages to create its own crypto currency, i think it is very good, so that the Japanese government can be an example for other countries, so that the government also supports cryptocurrency. because there are also many benefits that crypto currencies give to the lives of the digital era like now, so I very agree and are proud if the government in my country also creates its own crypto currency.

rafi035

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Quote from: tactac on September 26, 2018, 10:17:02 AM

It is said that central banks plan to release their own curypto currency in some countries,for example Japan..

How do you think about these crypto?

if indeed the government released the crypto currency there will definitely be a negative and positive side that we will accept the positive side of security and legality certainly guaranteed by the government and the negative of course many investors say there must be taxes that will be issued

celot

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when government want to give space and more transaction for bitcoin will be good and positive side for bitcoin and crypto currency become more popular, government have stronger power for giving more advertise of their people to know about how bitcoin become best asset investment.

nazaididuan1

jr. member

Activity: 350

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The government will definitely release its own cryptocurrency in the future!
The cryptocurrency is the future currency, and the government must conform to the development of the times!
The future of cryptocurrency will definitely replace the current banknote system!

johnalyn

member

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It is going to be a good currency that are supported by their government but what I think is the value of it will be controll by their government that will show to some investors that it is just like their local currency that are controlled by their government.

erikoy

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Well that will be good for you since creating a crypto means an opportunity to earn more from the investors. The investors that we are talking here is not only in your place because crypto is global. But, it will depend also on the restrictions of some other countries who were implementing this especially in the US. of America.

chibimanau

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Quote from: BigTeeths on November 07, 2018, 01:46:04 AM

Quote from: tactac on September 26, 2018, 10:17:02 AM

It is said that central banks plan to release their own curypto currency in some countries,for example Japan..
How do you think about these crypto?

Japan is a very disciplined country so I don't see any harm if they have decided to release their own national currency. I'm sure that it is going to be a stable cryptocurrency that is going to be used by average consumers for their daily transactions.

I think the government-issued Cryptocurrency is probably Crypto focused. They created it for the purpose of replacing the fiat currency. It will not be considered cryptocurrency properly. I personally think this is not a good idea.

munareal

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Cryptocurrency is decentralized digital currencies and if issued by the government. It means that the government will control it. The crypto coin is not controlled by anybody either individual or government. So Government crypto coin will not be a real crypto coin in the real sense

zupdawg

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since japan is a well reputed country in all terms I guess it is a break for cryptocurrency to introduce itself in many countries. It will be good since Japan always have a plan whatever they lauch so it will be a good one if they will regulate the market of cryptocurrency.

BigTeeths

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Quote from: tactac on September 26, 2018, 10:17:02 AM

It is said that central banks plan to release their own curypto currency in some countries,for example Japan..

How do you think about these crypto?

Japan is a very disciplined country so I don't see any harm if they have decided to release their own national currency. I'm sure that it is going to be a stable cryptocurrency that is going to be used by average consumers for their daily transactions.

jcarlo

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Quote from: Leocrypto da Vinci on October 17, 2018, 05:11:58 PM

A cryptocurrecy issued by a government is stupid by definition: the crypto are decentralized, if they are controlled by a government, then they are usual fiat money in electronic format.
We hope people understand it ...

If we realize, a few crypto not decentralized. I think if central banks create their own cryptocurrency it will be good because its like digital fiat money and beside that, i think its secure and better than paper money we use right now. Soon or later, government and central banks will be jump in this cryptocurrency and i think its good

UNOE

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Merit: 273

This is personal

I think that cryptocurrencies issued by the government will be normal thing in future. With that Bitcoin could have more value than it have right now. I hope that Bitcoin will be something like digital gold standard.

bitbunnny

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WOLF.BET - Provably Fair Crypto Casino

I think it's their right to issue cryptocurrencies and try to be competitive at the crypto market. Yes, it's usualy a try to impose the government coin to the people of their country but still it's their right.
Having in mind such attempts so far I would say that governments haven't been very successful with cryptocurrencies but who knows something might change in the future. And some governments have really good intentions to support and endorse cryptocurrencies, like Japan, which is example that all should follow.

Anies_Sandi

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Quote from: tactac on September 26, 2018, 10:17:02 AM

It is said that central banks plan to release their own curypto currency in some countries,for example Japan..

How do you think about these crypto?

surely the crypto currency issued by the government certainly has a negative and positive side, maybe the positive security issues and legality are guaranteed to be possible, which makes investors afraid of tax problems, it seems that if it is not detrimental I think it will be fine

toast

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Quote from: tactac on September 26, 2018, 10:17:02 AM

It is said that central banks plan to release their own curypto currency in some countries,for example Japan..

How do you think about these crypto?

if indeed that happens maybe the government will make the economy system that will be more advanced and developed of course, one day all will use a system that develops in line with the times and technology

AlphaGoo

member

Activity: 396

Merit: 10

This is a very good event, from a certain perspective, the government's emphasis on cryptocurrency. The cryptocurrency is very likely to win. This is the help of cryptocurrencies, and more stable coins have emerged to bridge the gap between traditional and cryptocurrencies.

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