Topic: Will countries or central banks create their own cryptocurrency? - page 15. (Read 3237 times)
April 25, 2018, 08:10:19 AM
It is possible to see the current rapid development of Cryptocurrency, probably to motivate a country or Central Bank to create their own Cryptocurrency. because I think the emergence of Cryptocurrency world is a sign that the era is more modern, and if the state wants to come into this world must create crytocurrency. Let the country can advance more rapidly.
April 25, 2018, 07:09:52 AM
As I can remember, there is a country that tried to make their own digital currency. I do not know what really happened but I think that is not released. Countries will be making their own crypto currency since it is the future of money. In the future we can see digital currencies used by almost all of the people in the world not as an asset but as a common currency.
I see also that other countries really tried to make their own cryptocurrencies and they name it as digital money instead. Maybe they oversee that soon it will run all over the world the cryptocurrencies. Although it happens now a days but only few people knew on how to use it but sooner it will totally implemented by the help of government.
April 25, 2018, 05:58:43 AM
I think it's possible, since banks and other countries recognise what Cryptocurriencies can bring to people, other countries and even social flatform started to ban decentralise cryptocurrencies. So, in my opinion it might happen.
April 25, 2018, 05:25:34 AM
A few countries and central banks have been talking about “digital currency”, and most of them are carefully ignoring the term “crypto”. Fact is- digital currency is not the same as cryptocurrency. These countries/central banks are recognizing the benefits of the digital currency features of cryptocurrency, but they don’t want any of the decentralized uncertainties that come with blockchain-based currencies.
Will countries or central banks create their own cryptocurrency?
I think central banks just want digital currency and not cryptocurrency. Cryptocurrency always decentralized and off course central bank can not control it. Central banks always want to control money supply and I dont believe they will make cryptocurrency that they can not control like cryptocurrency
April 25, 2018, 04:18:46 AM
I think they're going to have to try and create their own cryptocurrencies because as time goes on people are going to move away from using banks in general. I mean, it took me three weeks to send money somewhere once, what kind of bullshit is that? I had to pay fees as well, to wait three weeks to be allowed to use my money the way I wanted. Crypto changes the game, and it scares the shit out of the banking industry, as it should. Some things need to be torn down so that better things can be rebuilt in their place, and the banking system is one of the worst things about the entire planet.
April 25, 2018, 02:52:27 AM
Head of russian Central Bank Elvira Nabiullina told she plans to create crypto ruble last year, but noone rushes to do it nowadays. Ministry of Finance has different opinion, crypto ruble may threat secret financial flows, they think.
Anyway if Central Bank will ever create nation crypto currency it will has not bitcoin's features, it will not provide anonymity, will not be mineable
Anyway if Central Bank will ever create nation crypto currency it will has not bitcoin's features, it will not provide anonymity, will not be mineable
April 25, 2018, 01:42:28 AM
A few countries and central banks have been talking about “digital currency”, and most of them are carefully ignoring the term “crypto”. Fact is- digital currency is not the same as the cryptocurrency. These countries/central banks are recognizing the benefits of the digital currency features of cryptocurrency, but they don’t want any of the decentralized uncertainties that come with blockchain-based currencies.
Will countries or central banks create their own cryptocurrency?
April 25, 2018, 12:13:52 AM
I have read articles that say that many countries and central banks are planning to create their own Crypto because Blockchain is becoming more and more popular. Crypto increasingly affects the investment trends of the investors in the world. Many countries and banks are trying to trending.
April 25, 2018, 12:09:03 AM
I think this is a good thing. Indeed some countries have such discourse and only a few are already realized. This I think would be useful for the future of later and seemed to indirectly also supports the existence of crypto.
April 24, 2018, 11:49:15 PM
Many states and central banks will soon create their own centralized crypto currency, which can be fully managed, as opposed to the existing decentralized crypto currency. They will try to confuse people, and since they can not stop the general introduction of a decentralized crypto currency, they will try to shift people's interest in using their centralized coins. After all, the total mass of people is still difficult to understand the differences of these crypto-currencies. Decentralized and centralized digital coins will walk for a long time in parallel with each other and this will be a good competition for the championship.
April 24, 2018, 10:58:04 PM
it could happen, because the times progressed and more modern .. of course a country and the central bank will make new innovations to compensate for the advancement of the times. Currently Bitcoin as the digital currency of its existence is increasingly widespread and growing, it is possible that will be motivated by a country and central banks to create their own cryptocurrency.
April 24, 2018, 09:55:06 PM
The tv was well-known on the trend of bitcoin so the bank was willing to go about it currency is not the same as cryptocurrency. These countries/central banks are recognizing the benefits of the digital currency future.
March 23, 2018, 07:43:45 AM
In my opinion, Countries or central banks maybe create their own cryptocurrency, But it depends on the country and its measuring of progress.
few countries now, then almost all countries but it's not the suitable time. I think countries/central banks have a fear of cryptocurrency, Anyway cryptocurrency will be the future!
few countries now, then almost all countries but it's not the suitable time. I think countries/central banks have a fear of cryptocurrency, Anyway cryptocurrency will be the future!
March 23, 2018, 07:18:53 AM
A few countries and central banks have been talking about “digital currency”, and most of them are carefully ignoring the term “crypto”. Fact is- digital currency is not the same as cryptocurrency. These countries/central banks are recognizing the benefits of the digital currency features of cryptocurrency, but they don’t want any of the decentralized uncertainties that come with blockchain-based currencies.
Will countries or central banks create their own cryptocurrency?
Actually as far as i know,that there is aggrement between the cryptocurrency and central banks to collaborate there resources to serve for economic growth of there own country just like happen now in my own country that central bank are willing to accept the virtual currency system as part of the economic growing and not to make there own digital currency system that can adversary the original cryptocurrency.
March 23, 2018, 07:08:16 AM
A few countries and central banks have been talking about “digital currency”, and most of them are carefully ignoring the term “crypto”. Fact is- digital currency is not the same as cryptocurrency. These countries/central banks are recognizing the benefits of the digital currency features of cryptocurrency, but they don’t want any of the decentralized uncertainties that come with blockchain-based currencies.
Will countries or central banks create their own cryptocurrency?
March 23, 2018, 06:47:22 AM
If Venezuela, Switzerland, Japan and few others like that are already planning having their own cryptocurrencies, we should realize they have initially supported Bitcoin and its features on Block chain. These countries are advanced for culture sake and so, technologically inclined. How many countries around the world knows indepthly what Bitcoin entails, not to talk of supporting it or creating their own Cryptos. May be, later in future when this awareness had circulated enough and many of the undeveloped and less developed ones had developed, creation of their own cryptocurrency can then be achieved
March 23, 2018, 06:03:48 AM
Some countries have already launched their own cryptocurrencies and more will be joining in the future. Cryptocurrencies are traditionally decentralized and not even the government's central bank can control it but this is also one of the reasons why some governments wants to create own virtual coin. Some central banks thinks that they would also benefit from creating their own cryptocurrency because it impossible to counterfeit because it is cryptographically secured and can't be copied.
Yeah, cryptocurrencies like petro and co. I am not sure how this is going to fly knowing that these are going to be centralized anyway but I am really eager and trying to see how it is all going to play out. I believe a lot of countries are surely going to be adopting the blockchain technology to see how they can benefit from it, and for that fact, it would really help a lot in the economy of such countries, well, if they use it well. March 20, 2018, 02:56:54 AM
A few countries and central banks have been talking about “digital currency”, and most of them are carefully ignoring the term “crypto”. Fact is- digital currency is not the same as the cryptocurrency. These countries/central banks are recognizing the benefits of the digital currency features of cryptocurrency, but they don’t want any of the decentralized uncertainties that come with blockchain-based currencies.
Will countries or central banks create their own cryptocurrency?
March 20, 2018, 02:19:16 AM
A few countries and central banks have been talking about “digital currency”, and most of them are carefully ignoring the term “crypto”. Fact is- digital currency is not the same as cryptocurrency. These countries/central banks are recognizing the benefits of the digital currency features of cryptocurrency, but they don’t want any of the decentralized uncertainties that come with blockchain-based currencies.
Will countries or central banks create their own cryptocurrency?
I do foresee that they will create their own cryptos but they cannot succeed with that as core part of cryptos is decentralization when it is not being featured in one system then it may fail in short run itself.
March 19, 2018, 10:05:49 PM
Those countries that tried to create their own cryptocurrencies are likely to collect money from investors.
And after that their coin will be dumped and they will go to the usual money fiat system.
It's the reason why if a country will launch its own coin, investors will still choose bitcoin.
It is very unlikely that a country releasing their own cryptocurrency is going to require investors after all they are not a private corporation and even more importantly they have the printing machine they can print as much money as they want in order to impulse that cryptocurrency among the public, but make no mistake no cryptocurrency created by a government is ever going to be as good as bitcoin not because they cannot make one as good as bitcoin but because they do not want to do it. And after that their coin will be dumped and they will go to the usual money fiat system.
It's the reason why if a country will launch its own coin, investors will still choose bitcoin.
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