Topic: Will countries or central banks create their own cryptocurrency? - page 6. (Read 3237 times)
August 25, 2018, 12:31:31 AM
I guess there are few country who attempt to make their own crypto but up to now nothing happens and still they are discovering on how to do it, any powerful and wealthy country can possibly do this but there are many factors to consider before it come true.
August 25, 2018, 12:23:19 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?
August 25, 2018, 12:19:04 AM
all possibilities can occur, because with crypto currency will save production costs, and crypto currency has more transparent and corruption-free technology
August 24, 2018, 08:34:08 PM
I already seen some banks appearance in cryptocurrency and I think that it will be a step by step process for those bigshots to join cryptocurrency. Banks in our country already approved the in and out of money through cryptocurrency.
August 24, 2018, 07:33:12 PM
We can not predict the events in the next few years so for me there is no guarantee of what will happen in the near future, though most people do not know how to use a computer, how can they get the expected cryptocurrency? We can not even say that, in the end it will happen.
August 24, 2018, 06:22:05 PM
I agree with the governments not wanting the decentralization as it hard to control someone/something without liability.
I have not heard of any technology developed yet that is centralized cryptocurrency, but I do think it won't be long till governments develop it once they agree on using one.
I have not heard of any technology developed yet that is centralized cryptocurrency, but I do think it won't be long till governments develop it once they agree on using one.
August 24, 2018, 06:08:24 PM
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?
August 24, 2018, 05:54:37 PM
I think governments are not really interested in having those. As you said, all the decentralization thing seems not to be liked by them. So, digital currency - yeah, crypto? I'm not sure.
August 24, 2018, 12:53:46 PM
I think they will. The future of crypto currency is undoubtedly there, and therefore more and more new crypto currencies will appear
August 24, 2018, 12:38:26 PM
Yes, maybe that could happen, because if the coin cryptocurrency would develop, it would definitely make their own bank so that it would not happen to other countries.
August 24, 2018, 12:23:29 PM
Everyone thinks of their own thoughts, they don't talk about the facts and possibilities that occur. the issue that is being formed by the central bank is rejecting cryptocurrency, but some entrepreneurs make their own crypto and claimed their tokens can be used for payment transactions for services or buying goods. I think the rumor about the "central bank digital currency" is still difficult to formulate by the central bank, because their people are not ready to accept it. if there is a country that makes crypto money, then the country is on the verge of a financial collapse or crisis.
August 24, 2018, 11:31:33 AM
In my own opinion, I guess some countries, especially countries who are successful will create their own coins for the future, since it's easy to transact and weightless, and also in the future, we'll possibly use electronic money, that's why I believe that some countries will make their own cryptocurrency in the near future.
August 24, 2018, 10:31:07 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?
August 24, 2018, 08:31:41 AM
Some countries might consider having their own crypto that they can control or manipulate. we can't blame them since they should also be aware of what the transactions are for they might come from illegal drugs or other illegitimate things.
August 24, 2018, 08:14:24 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?
Even though banks are planning to create their own cryptocurrency, people will still not invest since they already knew that the government will be taking advantage of it and that is the reason they will not invest.
August 24, 2018, 07:34:37 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?
August 24, 2018, 06:53:53 AM
We still have to just keep watching to see if this kind of scenario will play out in the future. I won't be surprised though if the banks decide to create their own coins.
August 24, 2018, 06:49:58 AM
It is possible that they will because at this point, the crypto world is already too big to be stopped. If banks cannot compete with bitcoins then they probably will just create their own crypto. What do you think?
August 24, 2018, 06:29:11 AM
Nope it so hard to mix up with your current business to corporate with other business when usually bank are being owned by a corporation and there are many stakeholders on it. And we know that incorporating their business with cryptocurrency should consider the decision of the group. However, if you are the sole owner and know how to run cryptocurrency then your bank could be a great help in promoting the cryptocurrency especially to those local exchanges. The bank can act as a third party between exchange and its client channeling the payments from clients to the local exchanges.
August 24, 2018, 06:01:29 AM
yes of course that could happen because all will try to make a digital currency or cryptocurrency so that transactions can be safer and more comfortable and can be done anywhere. so I'm sure the bank will keep up with technology.
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