Topic: What if every country has its own crypto currency - page 2. (Read 54870 times)
I think this is a strange undertaking because cryptocurrencies are not independent units in matters of pricing them, as a result of speculation, the price of cryptocurrencies of a particular country can be derailed, which will entail subsidies from the state to stabilize the situation.
I think this will happen in the future, because the governments have already agreed to legalize cryptocurrency and are already testing various technologies that will help with this. Many countries understand that the cryptocurrency is our future and many countires will gradually promote cryptocurrency and many countries will create their own cryptocurrency for their countries.
everything is not so simple, here Venezuela has released its currency, but things are not very good. That is, as in any other case, it all depends on a combination of factors.
If every country has its own cryptocurrency , I think it will great for their people.
Then, every country will compete in the price of their cryptocurrency.
Then, every country will compete in the price of their cryptocurrency.
If there's a mass adoption of cryptocurrency by the government or a government creating its own cryptocurrency, investors will be singing a new and joyous song. But it's still farfetched when this will happen because most government want to have access to citizens funds using the banks. It will be really difficult.
If the government of it's country will really create their own coin it will very helpful because we know government is powerful and influences to the citizens of every country. The price will become very high once they create it own coin or altcoins it will be better compared to other. It's not fair if they want to access the citizens funds to using banks because that's confidential. 
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.
it is indeed difficult to occur because every country already has its own currency and each country's currency has its own value, so it cannot be replaced. I think there is no need for crypto currency to be a currency in every country, simply legalizing crypto is good and can transact using crypto because it is faster and easier with this digital currency.
If there's a mass adoption of cryptocurrency by the government or a government creating its own cryptocurrency, investors will be singing a new and joyous song. But it's still farfetched when this will happen because most government want to have access to citizens funds using the banks. It will be really difficult.
Certainly not all countries can do such a system because, we know that all countries have their own rules, they will think hard in order to find solutions to crypto trails in their countries but creating rules about crypto is also not wrong, perhaps helping the country advance its economy because the country could not yet meet good economic standards.
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.
If this idea is will come true then I think it will be a good opportunity for some investors to take their time and funds on a certain project where they can make profits with. It is good for the crypto industry because their will be supports for each county to own their cryptocurrencies from their countrymen. 
This is after all the dream of every cryptocurrency market participant. I think that our economy would probably be oversaturated with these tokens, but on condition that the utilities would probably be separated from the common market.
Perhaps, if the state released cryptocurrency, then this idea had only one plus, namely, the victory over counterfeiters. The rest of the state is unprofitable, decentralization will not allow you to manage your money, and this is contrary to the very principle of building a state.
I think that they will never accept the cryptocurrency as a whole.
Considering that every country has its own laws and economy, is it possible? So, will the whole world change to accept a single cryptocurrency? No. Like it is hard to create a new one. lolI think it's possible because they have unlimited sources and they can create new crypto for their country. But they need to follow the rule in the cryptocurrency and each country cannot easily to add their crypto to the crypto list. But I don't think that every country could do that because there still many countries can't create new crypto and they could only use the existing crypto which is bitcoin or another coin.
I think that would be nice. But it would even be nicer if we just have to raise the level of Bitcoin acceptance to its highest potential. You know, Bitcoin is good enough. It crosses beyond national borders. Would not it be a lot nicer for us to have not just a national cryptocurrency but an international one, a global one that is accepted by everyone in the whole wide world?
The case of Venezuela is a bit more complicated. Their fiat currency died first before their own cryptocurrency.
The case of Venezuela is a bit more complicated. Their fiat currency died first before their own cryptocurrency.
If a country has its own cryptocurrency then that cryptocurrency is called stable coin they are many stable coins are in planning to come in this year
not every country also accept cryptocurrency
some of them banned or just being netral to cryptocurrency
before everycountry make it their own crypto they should accept first
some of them banned or just being netral to cryptocurrency
before everycountry make it their own crypto they should accept first
In my opinion, in the future it will be so, each country will have its own cryptocurrency. But the world must change. Simply because the government will not give up. Those who control financial flows have IEU power, wealth. So let's take small steps.
Nah, i don't think about that. I think it's not about their own cryptocurrency but i think every country will have their own Electric money like E-dollar, E-euro, E-yen, E-rupiah and many else. So we can use it for online things but the government can control the money, not like crypto.
In my opinion, in the future it will be so, each country will have its own cryptocurrency. But the world must change. Simply because the government will not give up. Those who control financial flows have IEU power, wealth. So let's take small steps.
Nah, i don't think about that. I think it's not about their own cryptocurrency but i think every country will have their own Electric money like E-dollar, E-euro, E-yen, E-rupiah and many else. So we can use it for online things but the government can control the money, not like crypto. I think that they will never accept the cryptocurrency as a whole.
Considering that every country has its own laws and economy, is it possible? So, will the whole world change to accept a single cryptocurrency? No. Like it is hard to create a new one. lol
In my opinion, in the future it will be so, each country will have its own cryptocurrency. But the world must change. Simply because the government will not give up. Those who control financial flows have IEU power, wealth. So let's take small steps.
in principle, it is now, each country has its own currency and what we see is something good? solid government frauds with the help of prices in stores, depreciation and many other things ... well, something like this will happen if each country has its own cryptocurrency ... cryptocurrency is not a panacea, it will not change anything, the main resource is a person, only he can change something in this world, but unfortunately people are not always in power (however this is another topic ...
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