There is no way everyone will has own currency.
This is probably true in my opinion. While the market will develop in the future, I think there will be just a few winners and so not so many cryptocurrencies...
Topic: what will happens if everyone has own currency, doesn't a bad for Economics ? - page 9. (Read 20728 times)
February 26, 2019, 05:10:45 PM
This is probably true in my opinion. While the market will develop in the future, I think there will be just a few winners and so not so many cryptocurrencies...
February 26, 2019, 05:00:51 PM
It might have been better if each country instead of each individual will own their cryptocurrency. Why does no one ever think of that.
It affect the market a little but at the same time adapts tonthe future of crypto.
If each individual will when a currency there will be q lot of trash around and the value of "crypto" will be lessen.
I think the government will not do that. we know that crypto is a threat to the local currency. if the government makes a crypto It affect the market a little but at the same time adapts tonthe future of crypto.
If each individual will when a currency there will be q lot of trash around and the value of "crypto" will be lessen.
currency. then it would be the same they gave a chance for their local currency to be replaced by crypto. its not gonna happen
February 23, 2019, 03:20:00 PM
There is no way everyone will has own currency.
This is probably true in my opinion. While the market will develop in the future, I think there will be just a few winners and so not so many cryptocurrencies...
February 23, 2019, 02:41:27 PM
It will not happen that everyone will have its own currency, I foresee a regulation and policy in the cryptocurrency space that will develop laws for ICO developer, which will caution them from project that are not require to have own coin. The space is still evolving.
But, I believe OP's question doesn’t even deserve an answer. What exactly makes you think that ? Well, I will give it a shot.If everyone should have their own currency, that means we are going back to the age of trade by barter, when you will use what you have in exchange for what you don’t have. For example, if I have silver and what I need is gold, I will simply look for someone that has gold and exchange my silver with them. But if what you’re think is that everyone will start to print their own paper and call it money, then you’re wrong.
February 14, 2019, 12:49:38 AM
It will not happen that everyone will have its own currency, I foresee a regulation and policy in the cryptocurrency space that will develop laws for ICO developer, which will caution them from project that are not require to have own coin. The space is still evolving.
But, I believe OP's question doesn’t even deserve an answer. What exactly makes you think that ? Well, I will give it a shot.If everyone should have their own currency, that means we are going back to the age of trade by barter, when you will use what you have in exchange for what you don’t have.
And it's good! Trade by barter was ineffective because of otushishte technologies. Today, such technologies (blockchain) are created.
February 12, 2019, 10:52:47 AM
It will not happen that everyone will have its own currency, I foresee a regulation and policy in the cryptocurrency space that will develop laws for ICO developer, which will caution them from project that are not require to have own coin. The space is still evolving.
But, I believe OP's question doesn’t even deserve an answer. What exactly makes you think that ? Well, I will give it a shot.If everyone should have their own currency, that means we are going back to the age of trade by barter, when you will use what you have in exchange for what you don’t have. For example, if I have silver and what I need is gold, I will simply look for someone that has gold and exchange my silver with them. But if what you’re think is that everyone will start to print their own paper and call it money, then you’re wrong.
February 11, 2019, 08:04:42 AM
It will not happen that everyone will have its own currency, I foresee a regulation and policy in the cryptocurrency space that will develop laws for ICO developer, which will caution them from project that are not require to have own coin. The space is still evolving.
We are people! We are the source of power and Law. As we want and will be. In order not to take away the monopoly on money from countries and not to enter into an unnecessary conflict, let's call our own cryptocurrency not money, but the word that will be allowed. There are already such words. Bonds, promissory notes... tokens
after all. February 11, 2019, 04:48:17 AM
It will not happen that everyone will have its own currency, I foresee a regulation and policy in the cryptocurrency space that will develop laws for ICO developer, which will caution them from project that are not require to have own coin. The space is still evolving.
February 11, 2019, 02:32:57 AM
Personal cryptocurrency for everyone is a great idea! This will mark a new era in the economy. This will be a natural exchange on a new spiral of progress. Technically, everything is ready. It remains to create standards, institutions, Infrastructure that will provide the solvency function of any currency, which is supported by labor, talent and creativity of the issuing person.
If everyone is having their own cryptocurrency how do you trade. It is not progress instead it will stagnate the entire economy. 
If there is only bitcoin in this market and everyone is focusing in developing it, it would have outgrown everything by now and the idea of mass adoption in a short time would have achieved. Instead we have thousands of tokens and coins in the market and anyone trying to understand the market will get confused on where to start.
Its true, when people creating their own cryptocurrency, there is no trade and every people prefer using their own currency for every trade they made. Better developing bitcoin as currency in internet and make adoption happen. If bitcoin accepted by online merchant, it will good step for world wide adoption
Trading is easy in the IT world with a million currencies. The answer is exchange and exchangers (thousands online). Sellers sell for the currency that they need, people buy for their own currency. International trade lives and does not suffer from the fact that each country has its own currency. In this sense, financial independence is a value that will now be available to everyone, similar to countries with their own currency. What is needed is a new Institutional Infrastructure. Time to do it!
Common we'll take the world!
February 09, 2019, 01:02:33 AM
Personal cryptocurrency for everyone is a great idea! This will mark a new era in the economy. This will be a natural exchange on a new spiral of progress. Technically, everything is ready. It remains to create standards, institutions, Infrastructure that will provide the solvency function of any currency, which is supported by labor, talent and creativity of the issuing person.
If everyone is having their own cryptocurrency how do you trade. It is not progress instead it will stagnate the entire economy. If there is only bitcoin in this market and everyone is focusing in developing it, it would have outgrown everything by now and the idea of mass adoption in a short time would have achieved. Instead we have thousands of tokens and coins in the market and anyone trying to understand the market will get confused on where to start.
Its true, when people creating their own cryptocurrency, there is no trade and every people prefer using their own currency for every trade they made. Better developing bitcoin as currency in internet and make adoption happen. If bitcoin accepted by online merchant, it will good step for world wide adoption
February 09, 2019, 12:45:46 AM
The era of blockchain has given many people to make their own currency with different visions from the Artificial intelligence, personal data, finance etc. as we know the traditional currency is very influential in society & supports economic activity around a worldwide. wel, if everyone has their own currency doesnt this is will make everyone no longer motivated to work and will be to waste more time in front of computer. so, what do you think?
The emergence of very many varieties of cryptocurrency, especially if individual citizens release their own cryptocurrency, will have practically no effect on the economies of the states, since such a cryptocurrency will be absolutely useless. Why should individuals create their own cryptocurrency if practically no one will use it, because such a cryptocurrency will not be of any value. What is the point of buying such a cryptocurrency? Cryptocurrency must perform a specific function and serve certain projects, otherwise the meaning of its existence disappears. February 08, 2019, 05:17:24 PM
Current technological developments make people easily create their own coins, but actually it's useless because it's hard to make coins have a price, like the bitcoin trend, young people now prefer to be in front of their computer rather than rough work or being workers, indeed it makes a negative impact on their mentality and the environment of course, sometimes crypto investments make many people become dreamers so they are easily exposed to stress and tend to have unstable emotions, it is bad, but we also cannot blame technology, need education and socialization to control this trend, there must be a standardization of rules, so that only coins are qualified and only people who are competent can create coins, at least the rules still need to be as control so that good things can still
February 08, 2019, 04:49:25 PM
it will definitely be bad for the economy, because everyone will have their own exchange rate for just one product. and it is difficult to measure the economic stability of a country if people have their own currency.
not all of these currencies can have credible value, the majority will only be limited to souvenirs that do not mean, if that is true, then it is like a private barter system that does not develop proportionally. I also believe that strong regulation will hinder them, and will only provide a small movement in the economy which is only concentrated in the micro domain. February 08, 2019, 10:05:54 AM
that really bad and wont work , everyone will think their cryptocurrency is the best and will not currency at all cant imagine if that really happens
In my opinion it is not good for the economy because its use is very small and concentrated in their own community. Will create exclusivity that can have an impact on divisions in society. Then the crypto money created will be very difficult to monitor by the government, so it is vulnerable to abuse. 
February 08, 2019, 07:16:56 AM
The era of blockchain has given many people to make their own currency with different visions from the Artificial intelligence, personal data, finance etc. as we know the traditional currency is very influential in society & supports economic activity around a worldwide. wel, if everyone has their own currency doesnt this is will make everyone no longer motivated to work and will be to waste more time in front of computer. so, what do you think?
I'm a little confused if everyone has their own currency, then what about the value of that currency and what is the value? I'm also not sure this can happen because it doesn't make sense to me. Money cash or cryptocurrency is used because it is valuable, even though they offer good technology and unique concepts but if the currency has no value, no one uses it, as people say making tokens is easy but making valuable tokens is not easy. February 08, 2019, 02:36:14 AM
The era of blockchain has given many people to make their own currency with different visions from the Artificial intelligence, personal data, finance etc. as we know the traditional currency is very influential in society & supports economic activity around a worldwide. wel, if everyone has their own currency doesnt this is will make everyone no longer motivated to work and will be to waste more time in front of computer. so, what do you think?
I'm a little confused if everyone has their own currency, then what about the value of that currency and what is the value? I'm also not sure this can happen because it doesn't make sense to me. Money cash or cryptocurrency is used because it is valuable, even though they offer good technology and unique concepts but if the currency has no value, no one uses it, as people say making tokens is easy but making valuable tokens is not easy.
February 07, 2019, 10:22:05 PM
The era of blockchain has given many people to make their own currency with different visions from the Artificial intelligence, personal data, finance etc. as we know the traditional currency is very influential in society & supports economic activity around a worldwide. wel, if everyone has their own currency doesnt this is will make everyone no longer motivated to work and will be to waste more time in front of computer. so, what do you think?
I'm a little confused if everyone has their own currency, then what about the value of that currency and what is the value? I'm also not sure this can happen because it doesn't make sense to me. Money cash or cryptocurrency is used because it is valuable, even though they offer good technology and unique concepts but if the currency has no value, no one uses it, as people say making tokens is easy but making valuable tokens is not easy. February 07, 2019, 09:17:15 PM
99% of all the alt coins and ethereum tokens have zero real world value and the sole purpose of these new ICO's is to make their developers filthy rich overnight. The utility of these coins is very limited or non-existent and after a quick pump & dump scheme they fizzle out and die. Nowadays anyone could just flip a switch and launch a crypto asset for the most ridiculous reason ever with minimal expenses. Does it help the economy? No. It helps to enrich a certain group of people 
I disagree with you. The new coins and tokens are backed by the business projects. Some of these projects are useful, others are useless. The point is the teams can easily conduct ICO and receive investments for their promising project. Then they will be able to develop and evolve their product or technology. Every token is treated as a currency, so I don't think that using many tokens is bad for economics.
Every project conduct ICO to collect funds so that the project can use the funds for the future development they make,if the project cannot collect their exact funds the project will be dead,and making our own currency it cannot affects our Economy because every tokens we need to change it into fiat money.
February 07, 2019, 07:43:57 PM
it will definitely be bad for the economy, because everyone will have their own exchange rate for just one product. and it is difficult to measure the economic stability of a country if people have their own currency.
February 04, 2019, 12:40:48 PM
that really bad and wont work , everyone will think their cryptocurrency is the best and will not currency at all cant imagine if that really happens
even if everyone has their own tokens, this does not mean that they will all be in demand. More cryptocurrency, more healthy competition. Who will not stand in this game and he will lose.For economics, I think this is the best option. Jump to: