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Author Topic: Why would a government start it's own cryptocurrency?  (Read 103 times)
sistapirata
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January 13, 2018, 02:21:42 PM
 #21

its highly risky buying into govn stuff....cuz dre wont b centralized
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layun
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January 13, 2018, 02:25:17 PM
 #22

wont go with a centralized govn system
signal man
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January 13, 2018, 02:28:15 PM
 #23

see them making currencies to get the technological benefits of cryptos without threatening their own currency
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January 13, 2018, 02:31:26 PM
 #24

which government?
never mind - they're all lazy and stuck in old ideas...
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January 13, 2018, 02:33:26 PM
 #25

 to get the technological benefits of cryptos without threatening their own currency
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January 16, 2018, 01:35:37 PM
 #26

What would be the benefits of a government doing this? Which ones are likely to try first? Would you want to buy into this currency?


The benefits the government will get is that they can put taxation on it. They can regulate the flow of it. I've heard that Israel is trying to create their own crypto. Nah I wouldn't because it loses it's meaning.

PEG-TOKEN
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January 16, 2018, 01:45:46 PM
 #27

It's simple.  they see it as if they have there own crypto then they can take a slice of the pie.
It would not surprise me if we started seeing gov backed coins that will directly link to banks in the future

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January 17, 2018, 10:21:16 AM
 #28

The point of crypto currency is decentrynized and the governmental crypto currency is ... surprize, will be centralized. That's why a little number of people would buy it and that currency won't be popular.

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January 17, 2018, 10:50:36 AM
 #29

to control cryptocurrencies
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January 17, 2018, 01:51:39 PM
 #30

What would be the benefits of a government doing this? Which ones are likely to try first? Would you want to buy into this currency?

A governments coins is going to be a wonderful one and i will expect that type of coin to actually appreciate in price in no time.government coin will also help in expanding seriously cryptocurrency all over the world. the third world countries will benefits from the advert of cryptocurrencies by adopting or create they own coins using blockchain technology and break the effect of dollars on there economic.

You're probably right. Lets face it, crypto is booming right and would likely be an essential part of the future. That's why a lot of countries are open as well to the notion of incorporating it to their local markets. In the long run it can boost an economy effectively

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January 17, 2018, 01:57:38 PM
 #31

What would be the benefits of a government doing this? Which ones are likely to try first? Would you want to buy into this currency?

Government will not start its own cryptocurrency, it wants to take the control  all about cryptocurrencies. So they start a war on cryptos because they cant stop crypto world in all areas of the world. So they want to control crypto world.
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