Topic: What if every country has its own crypto currency - page 25. (Read 54859 times)
Well this will happen maybe one day.I see future where there will be 10000 cryptocurrencies around.A lot of the will fail and fall to 1 satoshi but there will be 1000s of accepted crypto in payments and financial transactions
How I am waiting for this moment when all countries of the world will accept cryptocurrency.This will be a new round in the evolution of man and mankind.The future is very near
Well, I agree with your statement. It would be very nice if every country has its own cryptocurrency. I hope someday the governments will understand the advantages of cryptocurrency instead of looking at their profit and they will accept cryptocurrency worldwide.
This is contrary to the principles of economics. The national currency (cryptocurrency) should be stable with minimal fluctuations in inflation. The market is not stable. I don't know of any stable cryptocurrency.
If countries will introduce national cryp.currency, then it will be centralized coins.
Do you want to get wages for a month, come to the store and buy only a pint of milk per all the money because the market has fallen?
If countries will introduce national cryp.currency, then it will be centralized coins.
Do you want to get wages for a month, come to the store and buy only a pint of milk per all the money because the market has fallen?
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.
In the late of 2017 Russian President Vladimir Putin asked his Russian officials to develop a Russias own in-house cryptocurrency called cryptorouble. According to his adviser, it is a useful tool to evade western economics sanctions but the US and EU responded and put sanction regarding this matter. Right now I don't know the existence of the said crypto but the very essence of being government own cryptocurrency that I'm not in favor are truly regulated and trackable currency.I think any crypto initiated with the intention to circumvent some form of sanctions is already on its way to failure, first it immediately becomes unattractive to investors and anyone who dares invest now has a target on his back from whoever imposed the sanction in the first place.
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.
Would be fine for me . I Preffer Without ICO and without Premine and split it with all people over that country . What happens next thats on people shoulders . There is Venezuela who issued State backed cryptocurrency . You can read it here https://www.coindesk.com/crypto-investors-stay-away-venezuelas-petro/
Interesting piece about the Venezuela project, even though it was a poorly conceived and executed project. I think its ultimate failure is as a result of Venezuela's poor image in the west and the fact that it was openly marketed as a tool to circumvent western sanctions and that alone is a no no for any smart investor.
The reason why crypto currency is famous among people today is due to its decentralization and not because of the technology. If government had to issue their own digital currency than there are far more better technologies out there and using blockchain for a centralized project wouldn't make sense.
In my opinion, this day will soon come. I think this is a very good news. Then prove that Bitcoin in the cryptocurrency will become more valuable. It will be more expensive.
I think that this idea, as it's proposed, will not be realized, at least in a generalized way. I don't think that issuing bonds in the form of cryptocurrencies can provide many advantages for investors or for the states. Another thing is that countries can create a cryptocurrency that is the crypto version of their local currencies, but I don't think this makes too much sense, at least for users.
Well, if every country has its own cryptocurrency, then it would turn up like fiat money. There won’t be the decentralized system. It would be kind of complex to transact cryptos.
I think this is a matter of time. It will arrive soon. One or two years, each country should have its own cryptocurrency. After all, cryptocurrency is a symbol of the times. I think the government should accept it, but it is very scared.
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.
In my opinion, Governments still don't want to implement cryptocurrency worldwide because once they'll allow it, they will not be able to manage it as they don't have control or any access with it. Things might go out of hand and it'll be more difficult to handle because it'll be used worldwide. But for transaction purposes etc., I think taht cryto is good to use.
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.
In the late of 2017 Russian President Vladimir Putin asked his Russian officials to develop a Russias own in-house cryptocurrency called cryptorouble. According to his adviser, it is a useful tool to evade western economics sanctions but the US and EU responded and put sanction regarding this matter. Right now I don't know the existence of the said crypto but the very essence of being government own cryptocurrency that I'm not in favor are truly regulated and trackable currency. if each country is able to have its own crypto currency then all crypto values must be competing, resulting in the competition of the value of each cryptocurrency it releases. but behind all this before each country is able to issue crypto each must first legalize its existence
It will be another discussions on how each countries will work legalizing crypto, it's very important to accept and adopt first before we can think that each countries will have its own versions, I guess it will take some time before things will work out about this, maybe bitcoin will be a good alternatives but having another versions of crpyto it will take many more years to be discussed.
If every country has its own crypto currency then it will loose its moral. Crypto currency is made decentralised so that people all over the world can use it without currency conversion.
if each country is able to have its own crypto currency then all crypto values must be competing, resulting in the competition of the value of each cryptocurrency it releases. but behind all this before each country is able to issue crypto each must first legalize its existence
Countries would sooner or later covert the fiat to crypto.
It would work the same way digital payment works currently with cryptos own perks. Overall it doesn't make any sense.
It would work the same way digital payment works currently with cryptos own perks. Overall it doesn't make any sense.
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 doesn't seem good for me personally. The currency will be controlled by the regulator itself. I should say that it's a very good to be a game changer because in our real life less and less people use the fiat money. And i think that the regulators has made it become strictly regulated. 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.
Would be fine for me . I Preffer Without ICO and without Premine and split it with all people over that country . What happens next thats on people shoulders . There is Venezuela who issued State backed cryptocurrency . You can read it here https://www.coindesk.com/crypto-investors-stay-away-venezuelas-petro/
The competition for electronic money is increasingly severe
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