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Author Topic: Will countries or central banks create their own cryptocurrency?  (Read 3231 times)
Escf4
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October 22, 2018, 01:32:35 AM
 #461

When the time comes that cryptocurrency will be recognized and accepted all over the world ,then their will be possibility that the countries or central banks that accepted cryptocurrency will create their own cryptocurrency, like the fiat currency , each country also have their own fiat currency of their own, that might be happenning also to cryptocurrency.

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BennyK
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October 22, 2018, 02:01:43 AM
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As crypto becomes more familiar and its demand increases significantly, the governments will have no other choice than to give in to this revolutionary technology. However, the governments will create their own crypto yet make it centralized in order to hold the power of the finances of the people.

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October 22, 2018, 02:35:57 AM
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A few countries and central banks have been talking about “digital currency”, and most of them are carefully ignoring the term “crypto”. Fact is- digital currency is not the same as cryptocurrency. These countries/central banks are recognizing the benefits of the digital currency features of cryptocurrency, but they don’t want any of the decentralized uncertainties that come with blockchain-based currencies.
Will countries or central banks create their own cryptocurrency?


It has a big possibility that countries and central bank would create their own cryptocurrency because they would not allow any crypto to envade into their territory. Just like the fiat currency has its own unique and security features that only their people can use of it.

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