National Currency

[xuan87]

That is a very good idea, it will be easier for us to buy things globally and no more worry about the currency when we travel far away, but if that happened it will be centralized, and the price fluctuation could become problem, and the government will need extra work to balance the price and usage between two currencies, it seems like a tough job an did not calculate and observe deeply, it can make the country's economic to fall apart

[Zanuar003]

Would it be great if all nations have their alternative cryptocurrency (Altcoins) representing their country, like Dollar, Euro, Peso crypto? Imagine this.

- all countries would have a fiat and crypto that is equivalent to their currency that can be used as a digital money like what is its true function.

- you can choose either to buy using fiats or crypto currency when buying stuffs whether online or not.

- bacause all countries has their crypto counterpart, Cryptocurrency will be legal around the globe.

- you will not have any problems using money when you travel around the world because you just need to convert the currency in your wallet to that particular place you traveled for.

Would this be possible ?

for now may not yet be where every country has a different thinking about the crypto point of view. but one day it certainly can happen when a country already has human resources capable of managing about crypto.

[qiman]

The Idea is good as long as they do not outlaw and make illegal the use of other cryptocurrencies in their countries. Also there has to be something in it for the people. If they re create digital versions of their FIAT HYPER INFLATIONARY GARBAGE, then that is completely useless. If they back the digital token with some public assets which if in profit they can put value back by buying back the token helping to raise the value, then yes it might be worth investing in national coins/tokens.