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Author Topic: National Cryptocurrency. Is there a future for her?  (Read 210 times)
AlexMilton (OP)
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January 24, 2018, 12:52:54 PM
 #21

There's only a future for a national cryptocurrency if the government adapts to the cryptocurrency so it decentralizes power instead of the government adapting the cryptocurrency and centralizing the money.
I think that in the future, it would be possible for each country to have this kind of cryptocurrency. But I think that is not too much of a necessity as it is not so different from each other's current currency, given that each country's crypto will have a certain degree of control over it coin his and that makes investors not interested.
It turns out to be the one who will start earlier?
jseverson
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January 24, 2018, 02:29:07 PM
 #22

Maybe? Does it even need a future to exist? It'll be fully regulated by the government, so it's likely that they'll be regulating the price as well. I don't know how they're going to work, but I simply imagine them as digital fiat. It wouldn't matter if no one is using them, they're still going to retain their value.

I personally think that's pointless, because as someone else mentioned, transacting with a credit card is likely just as easy. Granted, you won't have to pay annual fees and the like, but I don't feel like it will make a huge difference. They're going to have to offer incentives for using them because it would be cheaper in the long run, not needing special machinery and raw materials to produce.

AlexMilton (OP)
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January 25, 2018, 06:08:12 AM
 #23

Maybe? Does it even need a future to exist? It'll be fully regulated by the government, so it's likely that they'll be regulating the price as well. I don't know how they're going to work, but I simply imagine them as digital fiat. It wouldn't matter if no one is using them, they're still going to retain their value.

I personally think that's pointless, because as someone else mentioned, transacting with a credit card is likely just as easy. Granted, you won't have to pay annual fees and the like, but I don't feel like it will make a huge difference. They're going to have to offer incentives for using them because it would be cheaper in the long run, not needing special machinery and raw materials to produce.

You want to say that banks will begin to lower rates on loans, and so they are now struggling with cryptocurrency?
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