Topic: What if every country has its own crypto currency - page 7. (Read 54859 times)
If every country has its own cryptocurrency and is managed by the government, it will certainly get a lot of support from investors. And crypto growth will develop very quickly. And the government will certainly provide these regulations and regulations which certainly have benefits to eliminate fraud.
I do not see anything wrong in the fact that each state creates its own centralized cryptocurrency. It will be the same national money, only in the digital shell. They should increase the popularity of the entire cryptocurrency as a whole, as people will see that the states support the general idea of cryptocurrency.
The big difference is that a crypto back by government will be centralized and the tax on top will be so great that everyone will not buy them. You might as well go and trade if you have a local forex platform instead of buying those government coins.
So it doesn't makes any difference at all, if they have their own crypto, nothing will change it's just another form to get tax out of people who loves crypto currency.
While each country has its own crypto will certainly be the same as the currency of its own. the imbalance will arise on the market that eventually ends up on the coin that became superior. This I think would not be in accordance with the purpose of crypto and only large countries alone would be able to be great with crypto.
I do not see anything wrong in the fact that each state creates its own centralized cryptocurrency. It will be the same national money, only in the digital shell. They should increase the popularity of the entire cryptocurrency as a whole, as people will see that the states support the general idea of cryptocurrency.
A very good idea if every country can issue its own Cryptocurrency. But this will certainly get a lot of difficulties. Like in my country, this country is not compatible with crypto usage. They fear that the cryptocurrency will disrupt the local currency.
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.
Indeed, today many countries are starting to work with their cryptocurrencies. Due to this step, they have the opportunity to develop the economy, to solve the classic problems of the financial system. Including it is possible to work without permanent control of capital, problems of sanctions or international restrictions.
I am on the lookout on what will happen in the crypto space, as regards regulation and the nature of projects that will be lunched.
I believe that by the time regulations set in, countries will easily lunch their own cryptocurrencies.
I believe that by the time regulations set in, countries will easily lunch their own cryptocurrencies.
If every country issues crypto coins, there must be regulations from the government. To get full support from every country. So that more investors will invest with large funds and be able to develop the crypto world.
indeed, every country needs crypto regulations. so that in the future everyone will be responsible. because every incident that occurs requires a government that is responsible for all problems.
If every country issues crypto coins, there must be regulations from the government. To get full support from every country. So that more investors will invest with large funds and be able to develop the crypto world.
Venezuela has already implemented a project to issue pensions in the national cryptocurrency. With the support of Russia, this project achieves its implementation. And perhaps with the success of such a project will happen in Russia.
Every country has its own crypto currency this will happen near future and after that the world will be in the new era of technology and every people of the world will take lot of benefits with is crypto currency. Life will be more easy.
Well there is a chance that this will happen but the number of the demand will go up as well.if that happen the other crypto will be accepted as well and the crypto world will be big and well knowed to others
Blockchain and the possibility of cryptocurrency platforms in the conduct of ICO - is a great invention of mankind. If in all countries the use of cryptography for financing useful projects begins, it will be a revolution of progress. Countries will grow and develop much faster.
due to this their market can be disturbed as foreign country can easily over power the hold on any project. As every country has its own stock market. So it is not required to have individual coins.
Venezuela makes it aim to reduce the hyperinflation that occurs in their currencies, because crypto currencies have the same exchange rate for all countries except Iran, and they are attracted to it. there's more news that Sweden and North Korea are also making their own coins.
It would be great, because that would mean that all countries will accept crypto currencies and the industry will come on the next level of development. Unfortunately in such a scenario crypto will be hard regulated.
I think that if all countries had their own cryptocurrency, it would be a huge coup. It sounds impossible at the moment. I think that the authorities should think about such improvement
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.
That would be great but I don't think it's going to happen, because investors and businessmen will have control of those currencies and government cannot totally control and since cryptocurrency is decentralized they cannot impose their rules and policy to their currency, given that Cryptocurrency is fully adopted worldwide.
Sounds cool, of course. And I am sure that this will be implemented in the future. After all, cryptocurrencies are a digital future, without which we can not do. Cryptocurrency is a great option to replace conventional money
Many governments of different countries will indeed have their own centralized cryptocurrency. The International Monetary Fund calls on states to issue their own cryptocurrency. I think it will not be worse for the whole world. Citizens will be more familiar and interested in cryptography. This will lead to greater confidence in the crypto currencies of citizens of all countries. Crypto will enter our lives more confidently and bolder.
That's right so if every country have their own crypto coin ofcourse they can't buy other coins also if they gonna stick to one only it's better to focus What's have we own now.
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