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Topic: What if every country has its own crypto currency - page 5. (Read 54859 times)

full member
Activity: 420
Merit: 100
I do want every country to at least accept the idea of using cryptocurrency legally. But not in the way that each country will make its own crpyto for this sake.
I agree on this one. I think there is more than enough cryptos out there to make this idea happen.
Altcoins really do need the exposure more to reach the majority of people. And this will be more easier if the government doesn't interfere much about this industry. That's why need to engage more to people by informing them, as well as clarifying misconceptions about blockchain and cryptocurrency. For instance, the news about the upcoming exchanger of Bitrus could help the industry get more people into crypto world.
sr. member
Activity: 604
Merit: 252
This need for governments happens because most people do not mind taking care of their own finances and even retirement! Why would it be so beneficial for Bitcoin to create cryptocurrencie for each country? Why do people need to be submissive to governments? If that happened, it'd be the end of the cryptocurrencies we know today! Don't despise this present world of possibilities.
sr. member
Activity: 1092
Merit: 256
Leading Crypto Sports Betting & Casino Platform
I think then market will be spread more and Crypto currency will be more popular than now.But some crypto will be successful more Because of location and popularity of a country.But before that it wouldn’t be happen Because many country doesn’t like crypto for various reason and they already banned crypto like BTC so your idea is not bad but it Won't be real.            
As mentioned the popularity of cryptocurrency will be high in the FUTURE. As a beginning to the same more countries have begun to adopt the technology and soon can expect them to have their own cryptocurrency. Maybe the country and the development plays a big role in grabbing the market. Importantly their will be a hard competence to be in the top market.
sr. member
Activity: 728
Merit: 263
I think then market will be spread more and Crypto currency will be more popular than now.But some crypto will be successful more Because of location and popularity of a country.But before that it wouldn’t be happen Because many country doesn’t like crypto for various reason and they already banned crypto like BTC so your idea is not bad but it Won't be real.           
newbie
Activity: 84
Merit: 0
I do want every country to at least accept the idea of using cryptocurrency legally. But not in the way that each country will make its own crpyto for this sake.
I agree on this one. I think there is more than enough cryptos out there to make this idea happen.
full member
Activity: 420
Merit: 100
I do want every country to at least accept the idea of using cryptocurrency legally. But not in the way that each country will make its own crpyto for this sake.
full member
Activity: 560
Merit: 100
I think that if a similar situation happens, the world can really move forward with long strides, but then the question is, in which direction? You can go forward in different ways, whether it will be right.
jr. member
Activity: 279
Merit: 7
If that happens I think the exchanges would be the most who benefits from it.Mobile phones with crypto wallets would benefits as well.
full member
Activity: 616
Merit: 100
https://exip.live/
This is good idea because now mostly everyone in the world has mobile phone that connected with internet , so payment and transaction will be more easy to process with digital money. In the future fiat money can be changed to digital money.
newbie
Activity: 42
Merit: 0
The first idea of creating cryptocurrency was to create something that would not be controlled by the states. I think so let it be. If all the states start issuing their crypto, then it will not be different from ordinary fiat currencies. This will only kill the market.
member
Activity: 574
Merit: 10
I think that it will not give anything good, because there will be just a lot of crypto-currencies that are not in demand. People will not buy cryptocurrencies of their country, but will buy only the top ones like Bitcoin, Ethereum, Ripple, EOS and others.
It's not a good idea, in my opinion. Bitcoin, ethereum, Ripple is one of the crypto that is now widely known to everyone. Of course this crypto is suitable for every transaction in a country. If every country has its own crypto currency it will never be suitable and that is indeed a bad idea. I really agree with what you say.
member
Activity: 364
Merit: 10
I think that it will not give anything good, because there will be just a lot of crypto-currencies that are not in demand. People will not buy cryptocurrencies of their country, but will buy only the top ones like Bitcoin, Ethereum, Ripple, EOS and others.
legendary
Activity: 1890
Merit: 1003
Actually, each country has its own currency. If for crypto it might only add another way for transactions not to change the currency in each country. I am actually not as obedient if every country has its own chip currency. Because it will be very dangerous.
Nothing is super simple like that. Maybe applying cryptography to ID can solve this problem temporarily but i am sure not every country will be able to handle this crypto challenge if it gonna happen. Btw scam,fraud happens no matter which tool(cash or btc) you use for this purpose.
jr. member
Activity: 420
Merit: 1
I have noticed some indigenous projects and one just with it token sale recently, reading its hardcap, Hara, but I am not too sure if it is directly connected with its government.
The project is from Indonesia and it had a large turn up.
It is not a must to have coins that are issued by the country itself, but projects indigenous to the country can be supported by the government.
legendary
Activity: 1722
Merit: 1014
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.

The idea of national cryptocurrencies looks good imho, and I think we will see something in this way in the nearest future. But the technology itself is quite raw still, governments don't want to take the risk now and try this with their people. Maybe we this will be possible in 3-5 years.
full member
Activity: 602
Merit: 101
I think that there will be real competition, because today there is a sense to fight for raising the standard of living and so on. But I think that all the same it will be great. The only thing I can say.
member
Activity: 616
Merit: 10
Personal Text: Revolusi industri erotis di Blockc
Every country has its own cryptocurrency, I think that will cause a lot of problems. As in my country, crypto has not been approved by the government. The government itself still prohibits the use of crypto for buying and selling transactions. But in the future, everything can happen.
member
Activity: 896
Merit: 10
If this really happen we should be seeing a big increase of volume in crypto volume and crypto adopters  most importantly we should not be seeing a massive rise or drop in price.
copper member
Activity: 350
Merit: 0
If every country create own crypto currency based on population rate will increase .Am sure if they create like this .It will huge impact of crypto market  .
hero member
Activity: 1176
Merit: 500
I think that even if each country will have its own cryptocurrency, people will still use the main top coins. I think that such coins, which can be their in each country need have for wage for officials in corrupt countries.
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