Topic: What if every country has its own crypto currency - page 8. (Read 54868 times)
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.
I think this is against the crypto characteristic. If every country has its own crypto currency, what will be the difference between this and currencies country has? Crypto is over the countries. Cannot be restricted.
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.
Crypto is not yet fully understood and the consequences of its development are known. That is why countries are in a hurry with the release of national cryptocoin.
This is a very good idea and the government I think will get many benefits. Especially helping the community to trade more easily online. And crypto is a medium of payment and prices also follow market conditions. But everything can be realized for a very long time and will be more challenging and many obstacles.
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 every country has its own crypto sure whole world economy down
This is good news, which may lead to the disappearance of the traditional stock market. The future stock market may transform into a cryptocurrency market, but it may take ten years to achieve, which may help the economy.
This will be a good idea of all countries have their own crypto currency. Since all countries have their specific currency controlled by the dollar , so if crypto currency is also their , it will be controlled by the Bitcoin.
As far as I earned more than I have put in, I am not regreting, because all of my portfolios are from earned money before.
although in the future there will be innovations from cryptocurrency, I don't think it will be easy for a country to make crypto for official transactions, there are still many countries that have not legalized crypto, but I will later make it easier and more widely used for all fields
Now every celebrity and every nerd has its own crypto. It mean appearence of the huge amount of shitcoins only, because best fiat currencies already have crypto analogues.
That soon would be the case. As you know paper money is just a banknote/bill payable to bearer on demand. Tokens can easily replace banknotes and would be cheaper than to regularly printing new issued or replaced banknotes and also would be more auditable. Tokens would replace banknotes as the national currency token in near future.
but what about the price of the token? because if prices are too extreme like this, it would be very difficult to convince state governments to make tokens to replace paper money in the near future. 
That soon would be the case. As you know paper money is just a banknote/bill payable to bearer on demand. Tokens can easily replace banknotes and would be cheaper than to regularly printing new issued or replaced banknotes and also would be more auditable. Tokens would replace banknotes as the national currency token in near future.
Wel, dreams of governers will become true, they will be able of taxing cryptocurrencies, but I can see no use cases for such cryptocurrencies in the neares future.
If any or every country decides that today, then that would be a plus to such country, because it would aid so many developmental processes. Then such cryptocurrency might just serve the purpose that any crypto would serve.
If such should happen, the populace in such country would be aided financially, because that would be an opportunity for them to benefit from the crypto space.
If such should happen, the populace in such country would be aided financially, because that would be an opportunity for them to benefit from the crypto space.
Now and so many coins for different purposes or sometimes just one coin is a copy of another. We do not need so many coins, and if each country will produce its own cryptocurrency, as for me, it is meaningless.
Actually it's happening around the world the mass adoption continuous in every several regions nationwide/worldwide. Analysts says that the cryptocurrency/blockchain is bigger than the internet or the .com bubble. Just sit back and relax we are all going to get what we wanted to have.
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.
I don't think it is a good idea and having two currency in a country would be impractical. If you create a currency that has only one goal is for payment then there is no need to create another one. 
in my opinion it is very good if every country has its own crypto currency. because with the presence of the kryto currency in each country, people easily make transactions.
I have some doubts that every county would have its own crypto for several reasons. First of all, you need that every single country in the world should switch to the blockchain standard and to become decentralised. I do not think that everybody will do that.
maybe the crypto currency will be different in nature and function like the previous crypto currency and maybe the function will be like a fiat currency, of course
cryptocurrency will not be able to become the same as fiat money. if you see a cryptocurrency that looks like fiat money, then it is not a cryptocurrency. everything is very simple. Jump to: