Topic: What if every country has its own crypto currency (Read 54859 times)
It is possible for cryptocurrency to go round the world, but not that every country should now have theirs, creating cryptocurrency is not just the problem, but funding the ICO,and by so doing, it loses value and will be abused. It will even be like a general job which cannot be managed well by many country. I don't support that idea.
I don't think a country can issue a crypto currency, because there are many barriers in the political apparatus and the people. They need a lot of knowledge to use and secure their assets. And the purpose of the crypto currency is trading all over the world, not in a certain country. It will destroy the meaning of this community.
Why do countries need their own cryptocurrency if they got good old fiat? Can't really understand your idea about that.
This will give a huge push to the whole industry, because it would mean that all countries have accepted and adopted cryptos. But if this would happen, we would need to live with a bunch of hard regulations from governments.
very difficult, because it is impossible for all countries to have Crypto currencies because even now there are still some countries that ban Crypto so that what you say is very difficult and the opportunity to realize it is very small.To realize all countries that have Crypto currency, of course it takes a long time because there must be a process to make it happen.
there are good things and bad things will happen.
I think that idea will be really good and it will be the same as the physical money that they use in their country but more flexible and the transaction will be non stress 
Cant beat to be your own banker ; )It would not be a problem if more coins live next to each other, see it as a langue.
Andreas Antonopoulos did a nice speech on the subject, check it out here The Future of AltCoins
in my opinion. the spirit of encryption is decentralized. if the government issues cryptocurrency. its essence is still central. it is not essentially different from banknotes. decentralized encryption is the most promising in the world
This will give a huge push to the whole industry, because it would mean that all countries have accepted and adopted cryptos. But if this would happen, we would need to live with a bunch of hard regulations from governments.
It makes no sense. But I think it will eventually happen with the birth of ICO alternatives like STO. I have a feeling they will thoroughly regulate cryptocurrency projects from STO to the extent of telling developers to limit nodes usages within their countries. Lots of other abominable rules will be imposed. Well centralized/govt regulated coins will be created. True cryptocurrencies will be forced to comply or be made illegal.
I think that idea will be really good and it will be the same as the physical money that they use in their country but more flexible and the transaction will be non stress
let alone make cryptoqurency itself, even the presence of cryptoqurency has not been fully accepted in various countries. but if this happens in the future it's certainly good news if every country has a crypto project. but I'm not sure if Crypto can be used as a legitimate payment instrument like paper money.
Well, while this is not present,it's just talking,while nothing is supported,I can still say such a thing that if each country will have its own tokens, they will make exchanges with each other,or through Bitcoin,it seems to me that through bitcoin all the takip will go,and it will be a kind of replacement for the Dollar,but
Not even agreeing that. Cryptocurrency would be very volatile and had the most tremendous chart you have ever seen if every country have its crypto.
Wouldnt it be nice if each country in the world issues its own crypto currency just like they issue sovereign bonds and they raise funds from there to fund projects in their economies. I know Venezuela tried to do something like that, but the project was already being killed by the governments opponents before it took off. Now lets assume that didnt happen could it be a good way to create some form of sanity and confidence in the crypto world.
be no different to money now, only thing is you would have every transaction on blockchain.
I think there should only be one crypto currency which is used by everyone. If you go to another country , you have to exchange the currency but if there will be one crypto currency , there is no need to exchange that currency as that currency is acceptable everywhere.
I think that as a whole it is good, because you will not need to print permanent new money, since limitedness will already enable people to have the constant value of this token. It seems to me that everything is obvious.
If each country has its own cryptocurrency, Crypto will have communities throughout the World and this is good for all of us. but there must be innovation that is more than just a means of payment, because if it is only a means of payment, fiat money is enough. I mean that there is a need for special characteristics of each Crypto currency in each country. the first thing we need to think about is Crypto Regulation. that is the basis of this idea.
In general, it would be very cool if today each state had its own coin, then they would probably be very liquid and they would show to reflect the economy of these states. The idea seems generally relevant.
i think its no problem at all, just like every country have their own currency, for example lets say bitcoin is like dollar whos dominated, so if every country have their own crypto, it would be nice..
I think that would not be easy, because not all country is ready and not all county is willing to take a risk on cryptocurrency. Most of country has already studied about cryptocurrency bus still they didn't trust and try to use this in their country.
If that happen then it will change the whole financial market but it is still a hypothetical question as already listed cryptocurrencies are still under no regulations in most countries and many countries are taking steps to regulate it. After regulated market, then anything can possible in this way.
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