Each country will have his own altcoin , how about bitcoin?

[cluit]

this week i read 2 news same news
1. Bank of Tokyo-Mitsubishi says testing its own digital currency ( source)
2. Canada Has Been Experimenting With A Digital Fiat Currency ( source)

so in future each country will have his own altcoin, what do you think about bitcoin ?
bitcoin still be 1st crypto currency ? or the new altcoin from biggest country will replace it ?

I think it will be hard for other country to replace bitcoin because many people around the world are already using bitcoins for years.

Yes, it is amlost imposibble to replace bitcoin by any other altcoins as it is very difficult to trust a new coin as most of the people are using bitcoins for years and trusting with it. Also it is difficult for developing contries to invent into a new coin and maintaining a own network from hackers must be a real challenge.

[RodeoX]

Who would use state money when they could use global money? It just wont compete. Ask Canada about that. When they held a contest called "what would you buy with mintchip" (their alt-coin) the #1 answer was "I would buy bitcoin!" So they ended the contest and awarded a runner up the prize.

[Red-Apple]

a lot of groups are talking about creating their own altcoin, they call it adopting the blockchain technology not bitcoin.

but that is jut what i called then "and altcoin" and nothing can ever replace bitcoin for us.

[Hui8]

this week i read 2 news same news
1. Bank of Tokyo-Mitsubishi says testing its own digital currency (m/2016/06/14/bitcoin-news-bank-of-tokyo-mitsubishi-says-testing-its-own-digital-currency-based-on-blockchain-technology.html] source)
2. Canada Has Been Experimenting With A Digital Fiat Currency ( source)

so in future each country will have his own altcoin, what do you think about bitcoin ?
bitcoin still be 1st crypto currency ? or the new altcoin from biggest country will replace it ?

probably every nation or company will try to follow block chain revolution.
The code is free and published so...

[justdimin]

this week i read 2 news same news
1. Bank of Tokyo-Mitsubishi says testing its own digital currency ( source)
2. Canada Has Been Experimenting With A Digital Fiat Currency ( source)

so in future each country will have his own altcoin, what do you think about bitcoin ?
bitcoin still be 1st crypto currency ? or the new altcoin from biggest country will replace it ?

Then it is going to be like fiat, wherein Bitcoin will be the general, world-wide accepted bitcoins while altcoins are traded into bitcoins to be spent internationally. However, I doubt that each country will have it's own altcoin though.

[SilverPunk]

Hm.i think bitcoin can't replace any cryptocurrencies in the first place because of its widely used and first known .but this new cyrpto's will only the same or as good investment in that particular country.

[snipie]

so in future each country will have his own altcoin, what do you think about bitcoin ?
bitcoin still be 1st crypto currency ? or the new altcoin from biggest country will replace it ?

No i doubt that we will see an altcoins for every country, maybe a couple of them will have a successful ones but definitely bitcoin will remain the most used and traded

[gtglener]

Bitcoin will be the master of all of that altcoins, ever country will use their coins for their national use but bitcoin will be used for international use.

[crairezx20]

Well i think bitcoin will still the best and its impossible that each country will release their own altcoin.. we are already using bitcoin and more store are now accepting bitcoin as payment all over the globe so.. bitcoin will stay unless bitcoin collapse after block halving..