Topic: Will governments create their own cryptocurrency that will replace fiat? - page 5. (Read 39328 times)
January 29, 2019, 04:22:38 AM
No one can tell for certain the intentions of the governments of every country. In line with technology, it is clear to predict that the world will certainly go digital currency which has already began with the use of credit cards, mobile money, pay pal, cryptocurrency etc. The use of paper money will definitely fade away but the form of digital currency which will be largely utilized by the governments is not known to anyone.
January 29, 2019, 03:56:17 AM
In the next 100 years, do you think Governments will create their own cryptocurrency or digital currency that will replace fiat currency, i.e. coins, paper money, the paper dollar, etc.?
If it does happen, will it be like bitcoin or will it still represent gold like how today's money works?
If it does happen, will it be like bitcoin or will it still represent gold like how today's money works?
I think we are out of this world in the next 100 years, so I don't care less about what's going to happen on the currency during that era. All I can say is Fiat reserves are pride of every nations, so creating a digital currency is a diversion to escape from real world crisis
January 29, 2019, 03:42:17 AM
In the next 100 years, do you think Governments will create their own cryptocurrency or digital currency that will replace fiat currency, i.e. coins, paper money, the paper dollar, etc.?
If it does happen, will it be like bitcoin or will it still represent gold like how today's money works?
I think that the government with a strong economy does not need to create its own cryptocurrency, but as for the reserve, you can calculate bitcoin, but as an example, I can give Venezuela, since they had an economic crisis, the government to issue cryptocurrencies which is the solution to the problem. If it does happen, will it be like bitcoin or will it still represent gold like how today's money works?
January 29, 2019, 02:28:07 AM
In the next 100 years, do you think Governments will create their own cryptocurrency or digital currency that will replace fiat currency, i.e. coins, paper money, the paper dollar, etc.?
If it does happen, will it be like bitcoin or will it still represent gold like how today's money works?
No, nothing serious will happen. States will create their own centralized cryptocurrency, but it will only slightly press the national money of the states and will go along with the national paper money. All types of currencies will go simultaneously. In addition, there will be other types of means of payment. However, it must be remembered that a decentralized cryptocurrency exists by itself, it cannot be tied to the economy of a particular state, and therefore can never replace the national money of the states.If it does happen, will it be like bitcoin or will it still represent gold like how today's money works?
January 29, 2019, 01:59:56 AM
I think this should happen, but it is too early to talk about it yet. Now the future of the cryptosphere is still defined precisely. The market is still going down, so it seems to me that for the time being the states are just watching what is happening. And as soon as the moment is right (if it will, of course), they will start offering to use cryptocurrency.
January 29, 2019, 12:59:51 AM
In the next 100 years, do you think Governments will create their own cryptocurrency or digital currency that will replace fiat currency, i.e. coins, paper money, the paper dollar, etc.?
If it does happen, will it be like bitcoin or will it still represent gold like how today's money works?
No, nothing serious will happen. States will create their own centralized cryptocurrency, but it will only slightly press the national money of the states and will go along with the national paper money. All types of currencies will go simultaneously. In addition, there will be other types of means of payment. However, it must be remembered that a decentralized cryptocurrency exists by itself, it cannot be tied to the economy of a particular state, and therefore can never replace the national money of the states. If it does happen, will it be like bitcoin or will it still represent gold like how today's money works?
January 29, 2019, 12:30:13 AM
Government can create their own cryptocurrency. But i think they create it not to replace fiat but to have another ways to pay or buy good using cryptos. So people can choose what they want to use to pay bill. Fiar or crypto.
I agree with your opinion, and I believe that virtual currency that created by the government and the decentralized cryptocurrencies can even coexist because it is the people who will make the choice. I believe that cryptocurrency can't easily replace fiat or a national currency because it is also created to represent a country. The government always have the final regarding the role of cryptocurrency in the future.
January 28, 2019, 06:12:30 PM
In the next 100 years, do you think Governments will create their own cryptocurrency or digital currency that will replace fiat currency, i.e. coins, paper money, the paper dollar, etc.?
If it does happen, will it be like bitcoin or will it still represent gold like how today's money works?
If it does happen, will it be like bitcoin or will it still represent gold like how today's money works?
yes I think so, but maybe with a very large supply so the government can still control it.
January 28, 2019, 01:13:25 PM
I think it's quite possible. Since every year people’s level of trust in banks and other state bodies decreases, and trust in cryptocurrencies on the contrary increases. Therefore, sooner or later, governments will want to create their own controlled cryptocurrency.
January 28, 2019, 09:04:46 AM
In the next 100 years, do you think Governments will create their own cryptocurrency or digital currency that will replace fiat currency, i.e. coins, paper money, the paper dollar, etc.?
If it does happen, will it be like bitcoin or will it still represent gold like how today's money works?
If it does happen, will it be like bitcoin or will it still represent gold like how today's money works?
It could be happen government create their own cryptocurrency and bitcoin become like Gold or reserve. Its hard for government reguting bitcoin because bitcoin is decentralized cryptocurrency and i think its more reasonable for government to create their own cryptocurrency to replace fiat money
make by crypto? will they make crypto centralized? Lol. I think this is an idea that will never happen..
January 28, 2019, 08:35:59 AM
no, just to receive crypto the government can't yet, let alone to make crypto itself. I think the crypto market will continue like this.
I think government create their information via blockchain first and then they might consider to run crypto currency. We should wait a long to see the run of crypto by government. January 18, 2019, 04:33:48 AM
I think many states are thinking about how best to do it now. This is a very global topic and they shouldn't allow the entire system to collapse. Therefore, I don't think that cryptocurrency will be widespread in the near future. But it is likely that this will happen a little later.
January 18, 2019, 01:28:23 AM
In the next 100 years, do you think Governments will create their own cryptocurrency or digital currency that will replace fiat currency, i.e. coins, paper money, the paper dollar, etc.?
If it does happen, will it be like bitcoin or will it still represent gold like how today's money works?
If it does happen, will it be like bitcoin or will it still represent gold like how today's money works?
It could be happen government create their own cryptocurrency and bitcoin become like Gold or reserve. Its hard for government reguting bitcoin because bitcoin is decentralized cryptocurrency and i think its more reasonable for government to create their own cryptocurrency to replace fiat money
make by crypto? will they make crypto centralized? Lol. I think this is an idea that will never happen..
January 17, 2019, 10:36:09 PM
Not all government agree with cryptocurrency as payment transaction, many country have not allowed for using bitcoin and have country banned bitcoin as investment or payment, there are not one country have created their own crypto and still keep allowed other crypto, always give positive feedback about bitcoin and altcoin as transaction or investment to make many government want to legal bitcoin or altcoin as transaction or investment.
January 17, 2019, 09:23:18 PM
no, just to receive crypto the government can't yet, let alone to make crypto itself. I think the crypto market will continue like this.
January 17, 2019, 07:50:26 PM
In the next 100 years, do you think Governments will create their own cryptocurrency or digital currency that will replace fiat currency, i.e. coins, paper money, the paper dollar, etc.?
If it does happen, will it be like bitcoin or will it still represent gold like how today's money works?
If it does happen, will it be like bitcoin or will it still represent gold like how today's money works?
It could be happen government create their own cryptocurrency and bitcoin become like Gold or reserve. Its hard for government reguting bitcoin because bitcoin is decentralized cryptocurrency and i think its more reasonable for government to create their own cryptocurrency to replace fiat money
January 17, 2019, 12:34:50 PM
That is possible, we know that there have been several banks that have stated that they will have their own crypto currency, whereas we realize that bitcoin is a little late to be accepted in some countries because of different opinions from local banks in some countries, this proves change someday for the better. So as time goes on, the days of the digital are continue to increase, so maybe in the future the government or every country has their own crypto currency which of course all will be regulated by the government which in my opinion will be good and movements to increase rapidly.
According to your post many bank will create their own cryptocurrency and if Bank can create their own cryptocurrency then why country wont be able to create their own currency. 
January 14, 2019, 05:06:13 AM
That is possible, we know that there have been several banks that have stated that they will have their own crypto currency, whereas we realize that bitcoin is a little late to be accepted in some countries because of different opinions from local banks in some countries, this proves change someday for the better. So as time goes on, the days of the digital are continue to increase, so maybe in the future the government or every country has their own crypto currency which of course all will be regulated by the government which in my opinion will be good and movements to increase rapidly.
January 14, 2019, 02:01:13 AM
In the next 100 years, do you think Governments will create their own cryptocurrency or digital currency that will replace fiat currency, i.e. coins, paper money, the paper dollar, etc.?
If it does happen, will it be like bitcoin or will it still represent gold like how today's money works?
If it does happen, will it be like bitcoin or will it still represent gold like how today's money works?
A lot of trending businesses are all using tokens but it's not yet running on blockchain and people patronize it like in Grab transport service app. So in a few years time, the government need to adapt on that trend which will be the time where cryptocurrencies is a neccessity and they will absolutely have their own.
January 14, 2019, 12:44:45 AM
If there is a need to create their own virtual currency in the future, then the government might going to do it. I believe many countries particularly the wealthy nations will be utilizing blockchain technology in the future to improve the services of all government agencies. If government issue their own cryptocurrency, it will be centralized because they won't accept any currency that is not in their control.
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