Country backed coins, a good idea?

[VirginMary]

What do you guys think in a near future there gonna be coins like "Bit-America" or "Canada-coin", backed up by public assets, would that be a good idea

That would simply defeat the whole vision of Satoshi Nakamoto and the very reason for Bitcoin to exist. Such a theme doesn't even have any reason to be in this forum nor in the Bitcoin community. It's governamental garbage - nobody needs it.

[coinlocket$]

The transition from FIAT to crypto I do not think it can happen in an economically avant-garde country, there are too many institutions like banks, industries, shops etc that will use FIAT for many years.
Otherwise the transition from paper money to virtual currency has already been happening for several years now, the problem is that the current digital currency is centralized.
In conclusion, I believe that the transition to a national crypto currency can only take place in third-world countries at risk of economic default.

[YUlka_Holod]

cryptocurrency originated as an opponent of the state, but smart contracts and the truth would help countries

[Best Coin8]

I think that the crypto currency should be free. It does not need to be legalized by the government. After that, it will become more flexible to manipulation by the government. I think that this is not very correct.

[raden1922]

of course it's a very good idea, with real government support. surely it will quickly grow the value of the coin itself, and potentially be very brilliant in the future. thus investors are comfortable investing. and can sleep well at night.
 

[warrior.coins22]

I would say that was a really great idea, with government support. surely will make more people interested in investing. make sense!!
thanks.

[lafter]

I think that could happen in the future. As many countries nowadays do not accept bitcoins and altcoins, they need to follow the modern trend when the need to buy without using the fiat of people increasingly. As such, the nation's published Coins will be the way for governments to accept crypto as it will be administered in accordance with regulations.

[dalexc]

I think this is a good idea, and probably my idea it will happen in the future. If the country returns to the currency then great things happen. Because the bigger countries have more financial strength, they can return their coins to coins. This will certainly attract all investors and users, and the Bitcoin allies.

[twtr2]

I think it's possible. And I agree that it's a good idea. I believe on blockchain and I hope it will develop.

[ElenaN]

Yes, it might be good.  It seems to me that everything goes, and that countries will soon release their stablcoins!

[LuaKT]

It can be because already too many country said about that. They wanted to create their national currencies.. In my opinion advertisement is always advertisement.
So every news about crypto will be good for crypto's future. Sometimes they can be bad for shortterm. But in long term i believe everynews is good for crypto.
Actually i feel excited about national currencies. Maybe we can pump our national currency ..

[sexylady13]

What do you guys think in a near future there gonna be coins like "Bit-America" or "Canada-coin", backed up by public assets, would that be a good idea

It's a funny suggestion but I think, there's no point in renaming national currencies in the nearest 50-70 years. But some enthusiasts have created Putincoin and Trampcoin just for fun!