Isn't it funny that countries are testing their own crypto?

[Visbay]

The thing is, Bitcoin is decentralized and no government has control over Bitcoin. But the future economy is Crypto-Economy and every country is reying to embrace that issuing their own centralized crypto.

Well they have the right to do this and they can do what they want to do but I think technically it is very hard because already bitcoin is very famous and it has the power to overcome even our real currency, then how they can think to invent any other currency, so for me it is not good and it does not make any sense, if they will make their own crypto it will take a lot of time for it to be famous and to be spread worldwide so I think nothing is better than bitcoin right now and no currency can replace bitcoin in any country.

[1715244464]

1715244464

[1715244464]

1715244464

[1715244464]

1715244464

[1715244464]

1715244464

[Troysen]

Most countries  have realized that crypto is here o stay and that its the future of their economies, instead of ridding on BTC, they want to share the spoils and are now developing their own

[Sir mikolo]

One important role central banks play in the global financial system is to facilitate large payments between commercial banks. Commercial banks make deposits at central banks, and when they need to send a large payment to another bank, as they might during the sale of a company or house, they can rely on a central-bank-operated payment system. The central bank handles the “clearing,” or the updating of each party’s account to reflect the new transaction, and the “settlement,” or the literal transfer of the money.

[Mike1992]

The situation has left Sweden’s central bankers wondering: should the country introduce a purely digital form of government-backed money? And if so, should it use technology similar to that underlying Bitcoin?
Riksbank isn’t the only central bank taking a serious look at blockchain, the technology that makes Bitcoin and other cryptocurrencies run. These systems, also called distributed ledgers, rely on networks of computers, rather than a central authority like a bank, to verify and record transactions on a shared, virtually incorruptible database. Government bankers across the world believe this has the potential to replace cash and make other payment systems more efficient.

[Mikolo11132]

Central-bank-backed cryptocurrencies would be ironic indeed, given that Bitcoin was created as a way to circumvent the need for banks. Beyond that, the idea raises complicated questions about how such systems should be designed, built, and maintained, as well as how they could affect a country’s—or the entire planet’s—financial stability. That’s why Riksbank is hedging its bets, investigating not only distributed-ledger technology—which it describes as unproven but “progressing incredibly rapidly”—but also traditional, centralized accounting methods for its “ e-krona ” (pdf) project.
Some economists have argued (pdf) in recent years that a cryptocurrency tied to central-bank-backed money could give governments a way to issue digital tokens that are a lot like cash. Users of such a “FedCoin” would enjoy the level of anonymity that Bitcoin provides, goes the theory, while being protected against the volatility that has plagued cryptocurrencies. Many countries’ central banks are investigating this idea, but Sweden looks to be the furthest along.
But a cryptocurrency that’s available to all consumers “opens up a whole host of issues” and would pose new challenges for makers of monetary policy, says Rod Garratt, an economics professor at the University of California, Santa Barbara.

[Duogembrot]

Recently news are coming about countries testing to bring their own cryptocurrency, which IMO is a joke. Cryptos like Bitcoin was not built just to make it more secured. It was built to make it decentralized, take control back from Governments and give people the freedom they deserve. It seems like Govt. wants to make people think that Govt. have no idea about that. Why do they need to create a national crypto? I want to know one good reason.

yes you are really very funny because right now really many countries are trying blockchain technology and some of the technology used by cryptocurrency because previously they forbid the use of cryptocurrency but now they just want to learn it is really silly and like to lick his own saliva.