Bitcoin Forum

There are lots of rumors or maybe truth which are trying to make national cryptocurrency.
There were Japan and China which tried to make the national cryptocurrency to get the control of "virtual" economy.
But I think there are lots of countries definitely needed the national cryptocurrency for people in that country.
Do you have in mind any country needed the national cryptocurrency? Please share :)

1 country i know for sure is India. They are starting or thinking about issuing their own coin. I think countries where hyperinflation has been in state for the last couple of year can get their feets back by going into cryptocurrency. The large countries (US/EU) won't do that for the next few years because they have their own central bank and issuing a cryptocurrency now would disrupt the whole financial system (bank/loans/mortgages/Intra country currency valuation).  I do hope that in a few year countries or at least the people living their will adopt bitcoin and making it mainstream so we can finally end the whole being controlled idea that is happening now.

The countries which thier inflation raise a lot.for example venazuelan.on there inflation raise like %800 per in year.everybody uses bicoin on there.you can check iton some news

But there is a lot of news about the venezuela's goverment are arresting them that has used the bitcoin or mining it for silent. But the fact the bitcoin is really helpful for those are having a little impact to the global economic caused by the bitcoin has used the dollar to be the main pegged currency and that was also bringing the good impact for those are weak to the dollar.

Sweden could become the first country which applies the national cryptocurrency taking into account that over 95% of all transactions are cashless. Even though it's rather remotely located, it's far more progressive than other north countries.

If Catalonia declares independence tomorrow, then they might be the first to experiment with a national cryptocurrency.

They are currently in the euro, but it's not clear how long they can continue with that if they become independent.

Well, i honestly think that not only dozens, a few, or just a country should make a national crypto currency. Because it can really help any country in various ways. Plus it can also put both sides at ease(banks together with all the governments and croto lovers) because clearly, governments and banks want control and taxes, and people are sick of those, so by doing this, both sides can have benefits, governments have limits on digging and taxing people, while people are also limited in tax evading and doing illegal things through crypto currencies.
That is my opinion.

Countries with increased tax evasion and underground economy definately need a national cryptocurrency. The list of these countries is here (http://www.econ.jku.at/members/Schneider/files/publications/2017/JointPaper_LeandroMedina_158countries.pdf).

There is lots of countries are announcing their own crypto currency like Russia and India currency name would be lakshmi but till now it’s just a speculation.