each state will create its own token?

[Hirameki]

I think its not advisable for a country to create their token substitute for their currency because its in their control, what I am expecting is that every state will create a project that is based on blockchain to improve their services rendered to the tax payers.

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[Yakult]

This won't work. Having its own token will just lower the value of the token that has not been in used that much. State economy might easily fall.

[Nhobita]

Hello people!As you consider whether each state to create their own tokens? under its currency?

Actually, all states do have their own currency which maybe based from other countries currencies or just made and established by their own government. Well, if each countries or state will be creating their own customized tokens for different purposes or usages, it will be just fine because it has been already made since then that each countries have their own currencies so no matter what happen if they will established their own tokens, it will not be different anymore.

[akram143]

Already each and every country have their own fiat currencies so it is no need to create tokens for each country.The basic property of crypto currency is decentralized if it was controlled by their government it is same as the fiat economy,so creating separate currency for each country is not a good idea.

[Godric-Gryffindor]

This is really possible to happen, but the question is this really helpful to some countries given that we use different cryptocurrency every countries and state, i can be a disaster to think in some country who has great inflation rate to adjust the change

[fiulpro]

I don't think this is gonna happen .

Firstly​ by each state.. we are counting those countries too that are.. unable to cope up with their low value of Currency​and poverty , those too that are always in a war against the world.. there are many things one needs to consider before creating a token ..
Will everyone be able to use it ?
Do they hold that much.. people with access to Internet .

You know in many parts of the world we aren't even anle to make sure they don't sleep in dark so .. I think firstly other problems needs to be solved or else it won't work .

[Granxis]

I think this scenario will not be real, it is technically not very difficult, even some countries can make their own digital money. But is this necessary? It is not neccesary, I think. Every country has its own economy law.

[Shikaina]

Hello people!As you consider whether each state to create their own tokens? under its currency?

We do have. Each country has in their own currency. Realy coin, real matterial money. I dont get what you are trying to ask. If each country will produce virtual currency base in their local currency? I dont know how will it happen.

[Sexie]

Hello people!As you consider whether each state to create their own tokens? under its currency?

.                     I dont think so that every country Will create their own token, because it so expensive to do it, How much they gonna pay to produce that kind of token if just in case?  One more thing we use token if ever for exchange. For what is the use then of each countries local coins if they Will produce another one. So token can only exist through computers as being a digital currency.

[batang_bitcoin]

Those tokens that will be created through each state is like they are digitizing their own fiat system. That will be useless if they'll do that if most of their citizens are into crypto already, they'll just use that token/digital currency just to purchase things that they need and majority will stay in crypto such as bitcoin since it's value is growing. Most countries don't prefer to create their own token, they are good already with cash basis.

[Tenderino]

What do you mean with under its currency? Most countries use the fiat system where they can create as much as they want and this creates the inflation and loss of the value of our money. Do you have any idea how a government issued token could run where they can create as much as they like?

[cr_liev]

I don't understand the idea of creation of the state currency. Why is it needed if the idea of crypto is decentralisation and globalization... but I still don't believe in the idea of a single global currency because this may lead to poverty in many countries. So, let fiat and crypto exist in parallel

[Cryptoandrius]

If globalization between countries strenghtens we can see the creation and development of unified international cryptocurrency.