Will governments create their own cryptocurrency that will replace fiat?

[darkr]

Will i think government will not gonna do that. Because fiat money is still more important than crypto today and if you notice there are lot of scamming news in crypto. Thata why i doubt that governement will replace fiat.

Now, it is not possible. Meanwhile, everything changes in this world. Who knows, maybe at least 10 years pass and the cryptocurrencies will be used like fiat. Some of the countries will create their cryptos.

[jjohnathn]

Will i think government will not gonna do that. Because fiat money is still more important than crypto today and if you notice there are lot of scamming news in crypto. Thata why i doubt that governement will replace fiat.

IF it really happen then i don't think they become success because no matter what government do people will never leave bitcoins. I am sure they applied highly tax on them.

[Kira_lapa]

Now a certain part of people need to use Fiat money, because they do not yet understand what cryptocurrency is and how to use it, especially the current situation is unclear for the elderly.

[lamadu3]

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?

The economy is growing, it is a fact. But the government will never make its own currency. I think the government will ban the use of cryptocurrencies.         

[gheawari431]

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.

One day the government can make crypto currency that they use to accompany fiat money, because fiat money is easier to inflation so that the government needs a currency that is more resilient to the world economic turmoil. Of course crypto money created by the government has clear regulations so that users feel safer.

[Snaic]

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 the states create their own centralized cryptocurrencies, then it will actually be the same national money, only in the digital shell. Therefore, they will be based on the economy of this state, its national gross product and gold reserves. I think that in this case such national centralized cryptocurrencies will not vseravno replace the cash of these states. Any cryptocurrency can only walk in parallel with the national money of the states and cannot replace them, although it is able to press down substantially.

[Rooster101]

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.

That will be a big possibility in the future because some the countries already planning to develop their own virtual coin and Venezuela is the first country to issue their own cryptocurrency. Big country like the US have also an option to create a cryptodollar to coexist with their own fiat dollar and this two currency will eventually boost the US economy.

[iMark]

A cashless society is a trend, and cryptocurrency is the future currency!
Now that some countries have created their own cryptocurrencies to replace legal tenders, this may become a new trend!
The cashless society is moving closer to our lives!

I agree with the cashless society that the financial system will definitely switch to cashless someday, but that doesnt mean that crypto is the only one cashless payment, even credit cards are more used now than crypto. one thing I believe is the government will not make own crypto, they will still use fiat

[Sum24]

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 the states create their own centralized cryptocurrencies, then it will actually be the same national money, only in the digital shell. Therefore, they will be based on the economy of this state, its national gross product and gold reserves. I think that in this case such national centralized cryptocurrencies will not vseravno replace the cash of these states. Any cryptocurrency can only walk in parallel with the national money of the states and cannot replace them, although it is able to press down substantially.

You are right mate if governments will creature crypto even then ur will not differ than the money. But every government has their own currency which represents the government so for me this is not possible and if government is interested in crypto they should accept bitcoin I think iy will be better option.

[Janation]

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?

The economy is growing, it is a fact. But the government will never make its own currency. I think the government will ban the use of cryptocurrencies.         

We don't know that yet though.

I do know that the government will never make their own cryptocurrency since mist of them are against it. They do also want a currency that they control since lets be honest, it will be affecting the country's economy. Some countries already banned the use Bitcoin and other cryptos, some country supports it and I do hope that they change their view about it.

[bp124]

Soon and very soon this will come to past now that we are moving from physical world to digital every thing is going into digital , new pepper , email , buy and sell are now also moving into digital so very soon pepper cash will be no more so the i believe  very soon the government  will create their own digital cash  for this digital world we are moving in ..

[Robotbitcoin22]

Travel for things like I think is still long. because now only ico is still a debate in every country. many of which are still controversial especially if they want to make this applied, of course more and more will reject it

[Bitcoinsummoner]

I think governments of many country will run own crypto to replace fiat but it requires time. I do not think it will happen soon, we have to wait for it.

[jonaire99]

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.

[BLAST2MARS]

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?

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.

[hahay]

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.

[Bitcoinsummoner]

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.

[andika2018]

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?

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

[biskitop]

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.

[xabre]

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.