Topic: What do you think about crypto currency issued by the government? - page 13. (Read 3591 times)
November 05, 2018, 11:53:24 PM
I guess thwy would be stable in a snap of a finger if the crypto currency made by central banks woupd be backed up by the bank's assets. I mean if it does happen thenaybe we will see a crypto currency that woyld be adopted in record time. I don't care who it will come from, be it satoshi or a central bank, so long as it happens.
November 05, 2018, 08:28:20 PM
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?
How do you think about these crypto?
the price is stable, because it gets support from FIAT currencies, banks and the government, it is likely to be used as a daily transaction tool for Japanese citizens. And it looks like they will make the hybrid cryptocurrency between centralized and decentralized, we can track all existing transactions on the blockchain, but the government participates in controlling prices to remain stable and allows it to be used as a daily transaction by coffee and fruit juice stores
November 05, 2018, 08:06:30 PM
Those are not real crypto-currencies. Those are just digital versions of the fiat currency, similar to Paypal or Skrill. A crypto-currency should be decentralized. It can't be issued by any central bank.
i am agree with your statement. If crypto issued by central banks or government, i am believe its not different with fiat money but in digital form. They still control the supply and the price to maintain their money supply in market
November 05, 2018, 07:40:10 PM
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?
Honestly, I have not heard any facts that a bank will issue its own token, and this is all just at the level of conversations and rumors. I believe that at the moment it makes no sense for them to do this, because in this way they will be competing with fiat money.How do you think about these crypto?
November 05, 2018, 06:31:07 PM
It is a good sign, if governments want to do something about cryptocurrencies, and it is not about bann, destroy, … it. Looking forward to see national cryptocurrencies, even if I am not sure if they are realy needed.
November 05, 2018, 05:13:16 PM
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?
Honestly, I have not heard any facts that a bank will issue its own token, and this is all just at the level of conversations and rumors. I believe that at the moment it makes no sense for them to do this, because in this way they will be competing with fiat money.How do you think about these crypto?
November 05, 2018, 11:11:34 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?
It is a very bad money. It will be like the ETF fund and there is no growth for us. because the government is not a business enterprise. So this is a meaningless money for me.How do you think about these crypto?
decentralized will be surely forgotten by this government that will create their own coin.
November 05, 2018, 10:31:22 AM
the government might know the advantages of the existence of bitcoin and bitcoin technology called blockchain because we know in the world of governance there are many cases of corruption and money laundering whereas when you use cryptocurrency it will be very difficult to do money laundering and corruption so that the government does not want to approve and use cryptocurrency.
November 05, 2018, 09:58:15 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?
How do you think about these crypto?
For me, the government has the reason why they want to have their own cyrpto so that people who are interested in digital currency would invest on it, no hesitation and more secure.
November 05, 2018, 09:39:22 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?
How do you think about these crypto?
Then that will be the first crypto that people in that place will look into since it is provided by Government it will likely be safe to use.
November 05, 2018, 09:02:18 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?
It is a very bad money. It will be like the ETF fund and there is no growth for us. because the government is not a business enterprise. So this is a meaningless money for me.How do you think about these crypto?
November 05, 2018, 08:34:33 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?
It is a very bad money. It will be like the ETF fund and there is no growth for us. because the government is not a business enterprise. So this is a meaningless money for me. How do you think about these crypto?
November 05, 2018, 08:08:48 AM
they make crypto currencies themselves because they want to have control over their currencies. this is contrary to decentralized crypto currencies. although I think they will have difficulties regarding the anonymity of their users.
I agree. They tend to create their own because of the wants of them. Wanting to be number one and on top. Maybe it is a goox indication that they are loving the use of cryptocurrency but not really a good idea in creating their own. There will a adjustments thay may happen.
November 05, 2018, 07:17:00 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?
How do you think about these crypto?
If ever the governments will issued a cryptocurrency of their own I think it will be hit for a reason that many people are still a believer of their own government however I don't see it as a totally positive thing because I think the government only wanted to control the cryptocurrency such as maybe put a tax into it. Well we can't really say something.
November 05, 2018, 05:29:19 AM
I think these kinds of crypto currency, the ones that are made by the government, will be alot more stable than the ones we have now because for one thing, this crypto currency will definitely be backed by the country's GDP and maybe precious metals and gems. This in turn will have a more stable price plus the blockchain it will create.
Yeah I also think the same. Atleast people of that country will surely invest in government’s crypto. It will be more reliable and authentic. People will have no fear of losing their money because of scams. They will be mentally relaxed and satisfied if they have their own cryptocurrency which is also usable throughout the country. Money will also remain in the country. November 03, 2018, 11:23:54 PM
Those are not real crypto-currencies. Those are just digital versions of the fiat currency, similar to Paypal or Skrill. A crypto-currency should be decentralized. It can't be issued by any central bank.
i am agree with your statement. If crypto issued by central banks or government, i am believe its not different with fiat money but in digital form. They still control the supply and the price to maintain their money supply in market
November 03, 2018, 06:53:09 PM
Obviously, we won't have the chance to enjoy the benefits and also all our assets could be in danger. They can probably make some manipulation which could end our assets to zero.
November 03, 2018, 06:40:13 PM
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?
Any cryptocurrency released by any government will be quite stable. My reason is because such a currency will find direct use in its country of origin, and most importantly, the government will do everything to ensure it succeeds. How do you think about these crypto?
November 03, 2018, 06:34:30 PM
Government own cryptocurrency is a smart move by government to be on the safe side, regarding the declining value of fiats. It also implies that digital currency is the new solution to economy meltdown.
November 03, 2018, 03:11:09 PM
I don't think if it is something negative, with the government planning to make and release crypto itself, then it is a very good step for the future of crypto, meaning we don't need to worry about the full future of crypto with question marks.
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