brawdias (OP)
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April 25, 2018, 11:46:36 PM |
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What do you think about this possibility ? Would you invest in your government currency ?
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green_fish
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April 25, 2018, 11:53:10 PM |
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Banks in some countries are studying their digital encrypted money!
I think I'm going to buy some big country's digital encryption currency, although these digital cryptographic currencies are not decentralized.
But it could be profitable, because the digital cryptocurrencies of these great powers have credit guarantees!
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chaoscoinz
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April 25, 2018, 11:57:36 PM |
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Of course, if a government is able to regulate cryptocurrency, then I almost certain that they would be able to issue their own crypto coins. The reason why they haven't is because the government is usually the last to upgrade to the most modern experimental technology. I mean, most of the tech they use services the their needs efficiently.
If it isn't broke, don't fix it. Don't be completely surprised if governments around the world do start issuing their own version of Bitcoincoin, or at least start utilizing blockchain styles interfaces for their ledgers.
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Bessta
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April 26, 2018, 12:10:44 AM |
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There is a possibility that governments would create their own cyrptocurrencies in the future because as the saying goes "if you can't beat them, join them" , governments would realize the need to cater to the demands of the people for upgraded technology in order to adopt to the continuous growing modern technology. If as of today governments are not considering to join the latest technology it would be to their disadvantage and great loss in the future.
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Nichao
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April 26, 2018, 12:34:48 AM |
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it can and it will. Some says: if you cannot control the process you should lead it, that would happen i think
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Haxor321
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April 26, 2018, 02:01:11 AM |
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There is a possibility that governments would create their own cyrptocurrencies in the future because as the saying goes "if you can't beat them, join them" , governments would realize the need to cater to the demands of the people for upgraded technology in order to adopt to the continuous growing modern technology. If as of today governments are not considering to join the latest technology it would be to their disadvantage and great loss in the future.
I think that's right and that will be the possible and better way to do because anything that they wanted to do just to stop using cryptocurrencies specially bitcoin will be such a wasted of time because they will never been succeeded. They will never broke the bitcoin system ever so creating an own government crypto I think will be good idea because they are think and realize that what will be the best thing that can they serve to their community and they know that crypto system will be that thing so if that happen I will also support to their projects. |
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LCHY
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April 26, 2018, 02:27:47 AM |
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of course governments can create cryptocurrencies. And as far as I know, there are many government authorities from nations across the world already researching for this theme now.
Although bitcoin is not controlled by any government authorities, it's price is also unstable, so bitcoin is more like a token of asset rather than a method of payment.
If cryptocurrency of government is created, it's price would be stabler, so that it could be a method of payment more easily.
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Cofee.BLUE
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April 26, 2018, 02:34:45 AM |
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What do you think about this possibility ? Would you invest in your government currency ?
Well that will be the good things to do instead of banning bitcoin and crypto in the country. Maybe the government are now realized that cryptosystem will really gives and brings a lot of benefits and opportunities to the huge of people and it making sense that it can also help to the economy of the country. I hope that the government will pursuing this to happen and they it could have a better platform so their communities will be pleasant and happy to embrace this project. |
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jaocoincrypto18
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April 26, 2018, 02:37:55 AM |
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What do you think about this possibility ? Would you invest in your government currency ?
This is already possible and its happen now in the country of Venezuela in which their President Nicolas Maduro created there own version of Crypto currency and named it Petro coin in which were supported by their people. Now i heard that it was a successful as an investment in spite of US sanctions to ban it. |
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Bobby park
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April 26, 2018, 02:39:55 AM |
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What do you think about this possibility ? Would you invest in your government currency ?
Government in some countries already banned and regulated cryptocurrencies, it means that it is possible also that government can create their own cryptocurrency. But I think think it is differ from the cryptocurrency because it is more centralized and controlled by the government. Whether we would like it or not, if the government will make it as a law, we cannot deny that we will invest even a little amount with it. Remember, government holds us and we can't do anything unless we will act as a terrorist. |
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n0ne
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April 26, 2018, 02:40:26 AM |
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What do you think about this possibility ? Would you invest in your government currency ?
There is no restrictions, and one such cryptocurrency is created in Venezuela recently. The cryptocurrency was backed by oil and gold, it also gained good support from the people. Few other countries like Switzerland too has created their own cryptocurrency with certain value affixed for each token and those were meant to be used within the country. |
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rowel21
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April 26, 2018, 02:53:17 AM |
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yes if the development of that currency is sure and when the government can created a currency that mean s they can collaborated with crypto soon they will ligaized it and it would be a positive thing
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Farma
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Leading Crypto Sports Betting & Casino Platform
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April 26, 2018, 03:08:24 AM |
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yes if the development of that currency is sure and when the government can created a currency that mean s they can collaborated with crypto soon they will ligaized it and it would be a positive thing
of course they can make cryptocurrency. private can create cryptocurrency, as well as government. only currently they do not want to make cryptocurrency because they already have the fiat to be developed. |
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phpartisanmaster
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April 26, 2018, 03:09:55 AM |
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What do you think about this possibility ? Would you invest in your government currency ?
yes they can create their own cryptocurrency if they are just interested on it as well, japan today is using bitcoins to improve their own economy and i hope that everyone should have the same idea in order for their country to have a better industry. |
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zeingrind777
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April 26, 2018, 03:51:57 AM |
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the currency of my country the price is very low when viewed through the exchange. but in my country, very many people are investing in crypto and bitcoin. so if my country government makes its own crypto maybe I will invest in it. because the crypto boom in the community is already high, although the crypto regulation in my country is not legitimate.
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gambitcoin53
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April 26, 2018, 03:57:20 AM |
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creating currencies by their own government is like ICO, they need it to be listed in exchanges, so it is possible to do, especially if that country has more funds and assets to sustain the market demand domestically or even internationally, it must be well- funded and should penetrate the market cap.
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player514
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April 26, 2018, 04:17:54 AM |
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What do you think about this possibility ? Would you invest in your government currency ?
Yes, a government indeed could create an altcoin if they wanted to. I don't see why exactly they would want to, however, because they already generally have the banks on their side. They regulate their own country's currency and through taxes they probably get more money than they could if they were to regulate their own altcoin. I guess one reason to make a new coin for a government would be to have easier regulation (through technology), but that defeats the purpose of the coin because there would be practically no support for it. |
This area is up for grabs! PM me if you're interested.
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josephpogi
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April 26, 2018, 04:24:14 AM |
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What do you think about this possibility ? Would you invest in your government currency ?
its a yes for me because goverments can create any types of cryptocurreny if they want because they have a good amount of money and they know how it will works and it will become huge by investors that they know and they can control it like controling of goverments in all moves of people . |
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SummerBliss
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April 26, 2018, 04:49:55 AM |
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I read an article online where banks in India had showed interest to create a cryptocurrency.. The reason behind that was to eliminate the use of paper currency and encourage people to use digital means for doing their transaction. Here is the link to that article : https://cryptoslate.com/india-restricts-cryptocurrency/The article states that government wants to ban bitcoin and other coins in favor of its own coin. |
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jose111
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April 26, 2018, 04:53:35 AM |
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What do you think about this possibility ? Would you invest in your government currency ?
Yes, they can create cryptocurrency. I think that it will be a good project because I believe that there will be the very important reason why the government thinks that they need to create their own crypto. Maybe the reason of it is because they already know and realize that it will be very useful and helpful to their people. Cryptosystem can brings them a lot of benefits and opportunities to build and make their community a better life in the future and also it could help to them to have a economic stability. So I that it will happened soon and I won't hesitate to invest into it. |
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