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Author Topic: A government can create a cryptocurrency ?  (Read 1922 times)
CodyAlfaridzi
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April 30, 2018, 02:21:10 PM
 #101

What do you think about this possibility ? Would you invest in your government currency ?
Everybody could create their own cryptocurrency, including governments. But a stable government would NOT create one definitely. At least not in the near future. Such things would be very controversial and destabilize the economy. So, if my government do make one, i definitely wouldnt invest in it as it would be a shitcoin.
MIZANUR5033
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April 30, 2018, 06:54:26 PM
 #102

We know Government bans the cryptocurrency that proved that government can create the cryptocurrency. If the government can regulate the cryptocurrency than it will be better for the user but it will not similar to a current cryptocurrency. The government must apply some rules to regulate easily. We know now cryptocurrency is not regulated by someone. Its now totally volatile and we can easily move, if someone regulate it will not possible to move easily. Besides the disadvantage, there have some advantage if the gov.t regulate hope volatile can possible to reduce. So according to my intend its possible to create cryptocurrency but impossible to regulate as same as the cryptocurrency.
Chikitita2004
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April 30, 2018, 07:04:34 PM
 #103

Probobly. I will also invest. Because if it is produced by the government and used nationally, because it will not be decentralized for sure. If it is nationally patronized and backed by the government so it will be likened to your country’s physical currency and it can be successful and profitable too.

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krhnrhn
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April 30, 2018, 07:58:41 PM
 #104

What do you think about this possibility ? Would you invest in your government currency ?

Yes, they can do but content is important. We have to read their content and after we can make a decision.
Marrionbitcoin
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April 30, 2018, 08:21:31 PM
 #105

What do you think about this possibility ? Would you invest in your government currency ?

Yes, Government can create cryptocurrencies and if that will happen then all of us will get benefit from it. Many people will become aware and will have a mind set to invest their money than to spend in unnecessary things. With that, the poverty rate will reduce and will help the society to grow faster.
Lady Coquet
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April 30, 2018, 09:22:58 PM
 #106

What do you think about this possibility ? Would you invest in your government currency ?
In my own personal opinion, the government could create their own cryptocurrency, but i am not sure if i will invest in their digital coin because i would to see first if it will be successful and it will a good project. I think if the government have created their own cryptocurrency other governments in other countries will also make their own cryptocurrencies.
therozaq
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May 01, 2018, 12:32:23 AM
 #107

What do you think about this possibility ? Would you invest in your government currency ?

It is possible. The crypto currency is the future technology. So the government should create or accepts the crypto currency. No one can refuse the future technology. it will happen. lets see..
rainezerr
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May 01, 2018, 12:35:25 AM
 #108

What do you think about this possibility ? Would you invest in your government currency ?

Yes, government can create their own cryptocurrency, i believe that if government cannot keep up the growth of bitcoins then in the future they might create their own altcoin to sell in the market and make profit as well.

yusupjatigumilar
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May 01, 2018, 12:50:19 AM
 #109

What do you think about this possibility ? Would you invest in your government currency ?
it may be that if the government creates a crypto currency the exchange rate will be the same as the country's currency, it only aims to move from a conventional bank system to a blockhain system like other crypto currencies, this may aim to increase security and reduce the cost of conventional money production each year, so every citizen would have to follow that
Sexie
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May 01, 2018, 12:52:30 AM
 #110

What do you think about this possibility ? Would you invest in your government currency ?


Think twice to invest I doubt it can only usable inside the countries territory , if ever they created their own coins, we can not use them internationally. Just not  like bitcoin that can be trusted due to massive users and investors globally. If a government  create their own coin , their a tendency  that flat currency will be vaniish and every  commodities will be getting expensive because of taxes and proceesing fees.

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Hopeful2017
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May 01, 2018, 01:15:45 AM
 #111

What do you think about this possibility ? Would you invest in your government currency ?

This is possibl if the government will put fund into it and be able to develop thorugh their IT experts. It will be a good way to invest in it because you are sure of thT it has a value coin afterall.

cahgantenx
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May 01, 2018, 01:21:36 AM
 #112

yes it should be like the central bank has the right to issue new money including the digital currency in the background by the government. But in my opinion investment through government can not be profitable in large numbers because the government has restrictions and security for investors
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May 01, 2018, 03:33:56 AM
 #113

Sane person wouldn't deny encryption currency brings many benefits, the government can't refuse it, because of electronic currency era has come, some countries are studying their digital encryption currency.
cryptokia
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May 01, 2018, 03:37:33 AM
 #114

This sounds strange at least, I would like to read whitepaper, examine a project, know a team, before investing in it Smiley govCoin
LakkuScrypt
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May 01, 2018, 03:46:44 AM
 #115

I believe in this, and I am sure that the governments of many countries of the world will simply have to issue their state crypto currency.

cheeseandcrackers
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May 01, 2018, 03:52:29 AM
 #116

It's kind of in their best interests to create a cryptocurrency that pairs with the country currency.  The world is changing and there's two choices:  Adapt and work with crypto, or get left behind and try to ignore it.  Cryptocurrency wont be going anywhere, as there is no realistic way to stop it.

I wouldn't mind investing in it, but it will never be nearly as volatile as the current crypto market is, and that's the best way to make money.
culuuton
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May 01, 2018, 04:29:20 AM
 #117

What do you think about this possibility ? Would you invest in your government currency ?
It's possible. I will invest a little in this coin, although it is subject to government management but it is very safe. I do not invest much because these coins will not have significant mutation.
traderethereum
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May 01, 2018, 05:04:42 AM
 #118

What do you think about this possibility ? Would you invest in your government currency ?
It's possible. I will invest a little in this coin, although it is subject to government management but it is very safe. I do not invest much because these coins will not have significant mutation.

yes, I will do the same as you because if one coin created by the government, I think it will full with the politic from them and I don't like if it related by politic because it will not end with the good. besides that, many people that have involved in the politic will have different goals and I am sure that they want to reach their goals with all the way they can.

kenelmark
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May 01, 2018, 09:40:45 PM
 #119

What do you think about this possibility ? Would you invest in your government currency ?

Why would they create a crypto-currency !?
it would be no different to conventional money with debit and credit card, would be centralized, regulated, and under supervisions. the exchanges would be their banks.
the idea is just a bandwagon, there would be no volatility, no substantial meaning and unique use with national crypto-currencies.
Sanu Simon
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May 01, 2018, 09:53:28 PM
 #120

Yes, it is possible to create a cryptocurrency from any of the government. Few of which were the currency from the government of Venezuela, Switzerland, Korea, now Iraq has come up with similar plan. Very few were used on day to day living where most were under testnet.
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