A government can create a cryptocurrency ?

[mstfprcn]

Firstly ,they must be structurally ready for it. Together with the central banks, they  should establish a blockchain research center.This is the first step to creating  own crypto-money.

[vidprab5]

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

Of course if government want to create a cryptocurrency so it is possible. If our country government want to launch a cryptocurrency so i invest in my government currency.

Of course it is possible. I think there is nothing that government cannot do. They have all the facilities, skills, information and the required capital, because it is a government not a single person. One thing is important that the team must be loyal and not the scammers. It is good for the governments because bitcoin is decentralized and government has no control over bitcoin.

[really01]

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

I do not think that? A government needs to have its own finances. And the government's financial need to bring stability for people's lives do not want to be reverse. Suppose as if the currency of a nation that increases every day, all the people will find ways to keep it instead of working or spend it, and vice versa.

[ceferov]

In near future governments will create their own crypto which by time will replace the old one. It's time to upgrade to new level money

[data_teks]

However, this can bring some good profit, since the crypto currencies that are strong enough do have the credit guarantee. Clearly, if the authorities get the access to crypto currencies regulations then they would be able to come up with new coins too.

[Cotton Candy]

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

Yes of course they can create a cryptocurrency because they are the government they have the power and the resources the thing that is stopping them from creating it is pf course the people they see they are not that fan of it at all and not all people are having fun using it. So they think that it is not time yet to create the currency for the country and if that happen I am sure that those are gonna be a stable on so that will not be an investment. But still I am using it.

[Aristus]

I think the government if create a crypto currency then every one will come to this side for investment and it will common here like prize bonds and it will become a legal in the country so we have no fear of losing money and other investment amount and for now the crypto is good but some countries bane bitcoin due to which the risk in bitcoin is high if government issues crypto then every one will happy with option.

Thinking that this would be a good idea and  it maybe attractive to many traders and investors because the one that creates the project is true people and influential. But on the other side this is the most dangerous thing, think about it: although they have the power and influence do you think they can stop the dumpers in the market? And if this project I'd centralized do you think it can stand strong to the  opposition who doesn't want centralized crypto exist in the market?

[goaldigger]

It can be. A government crypto is like a blue chip investment which although it has small profit, it is no likely to loss. They can create a new crypto but must not interfere with its system. They cannot make it centralize. If one government would make a difference, and all remaining countries will follow, then cryptocurrency monetary system is much possible now.

[hajimasan]

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

This is normally possible for a country to create own cryptourrency coin in the cryptocurrency market, they can do it easily because they know that if they will launch Thier own coin than in that case most of the investors will enter in that coin because that was launched by a government country and not only the people of that country will invest but also another countries people will take interest in that coin and in this way lots of money from another country to own country will make flow through cryptourrency .
And if any government will launch coin then I will surely Invest in bulk because that will have lots of possibilities of the better stability .

[Barcode_]

Any government could create a crypto-currency for their citizens to use in their own country, but one of the problem might be the needs to educate the whole nation citizens who are not technology savvy on how to use the digital wallet for sending and receiving money.

[Mancung]

With all the power, money and rules; i think a government will be able to create a cryptocurrency if they want to. But then what will happen to their government-owned corporation stock ??

[Cinemo]

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

in my opinion they can create cryptocurrencies. but they dont believe in cryptocurrencies as a result they dont create cryptocurrency they meddle it. so many countries are dont accept bitcoin cause they dont believe it. they know that bitcoins origin in deepweb so they believe that bitcoin is a scam and use in evil and illegal so they dont believe bitcoin can change the countries economy. bitcoin can raise the whole country's economy.dont think too much,

[Telogodok]

All governments know this. And all the people behind crypto know this as well. And in this sense the two parties are at odds. Crypto advocates want a free market in money and want competition. Crypto advocates want to see innovation and utility in money. They want to see the best currency win and they want to have a currency without manipulation and control.

According to me If at this time the government does not consider to join the latest technology, it will harm them and big losses in the future.
It is possible that the government will create their own cyrptocurrency in the future because as the saying goes "if you can not defeat them, join them", the government will realize the need to meet the people's demands for improved technology in order to adopt the ever-evolving modern technology .

[dinar99]

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

It is possible, the crypto currency is the future technology. It is digital. The government should create a new crypto. it is my opinion.

[elkafee79]

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

The government should accepts or create a crypto currency. Because Crypto currency is the future technology. You should accept it, No one can refuse the technology.

[1C6fV5DtakfKANLJ8GUV7hCaA]

I would if the transaction ledger includes those of the politicians seated on the government. This is 100 percent transparency and I will fully support it. Such a feat would end corruption once and for all.

[Hazaki]

Any individual that wants to create a new currency is free to do so as long as he has the technical skills to do so and of course a strong team to lead the project , do all the hard coding stuff and of course promote for the coin . He can get some programmers to do it and get some designers to make ads for it , even launch a signature/twitter/facebook campaign on different platforms such as this forum and it'll do the trick . Governments can regulate cryptos so i think making one won't be a difficult task for them especially if the government aims for eliminating paper money .

[BartS]

Of course, the Government of any country can develop its cryptocurrency. As examples you can look at the experience of Venezuela and Iran. But I am closer to the approach of Japan-not to invent a bicycle, but to work effectively with existing cryptocurrencies.

Correct, while I'm not surprised that Japan has adopted bitcoin so quickly since it's a country that is very advanced and loves to adopt the technology, at the same time I'm very surprised that they seem to be taking almost all the right steps, they created a regulation but it is not a very strict regulation, they have decided to just let the market do its thing instead of trying to create their own cryptocurrency, like the countries that you are mentioning, so I foresee that in the near future Japan is going to get a big edge over most countries around the world when it comes to foreign investment related to cryptocurrencies.

[sevenbits]

Governments can benefit from the use of blockchain technologies and solve a wide range of problems with their help. However, the currency issues are purely political problem. state currency is one of the foundations of the state and the creation of artificial competition can lead to unfortunate consequences.

[andrei56]

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

If the government is well expert in blockchain technology and their rulers know well about the technology of blockchain and about its benefits then they will be able to create a cryptocurrency and they will implement it in their state as a currency for the use of the state. Anyone who will see their government starting a coin will readily invest in that coin as they will have a guarantee of safety from their state for their investment.

I am sure that the government has ability and expert in blockchain technology because they have an unlimited resource that they can use to find something that they don't know. and if they think that something will give many benefits to them, I am sure that they will try to create something different than any other products. and in the cryptocurrency, I am sure that they can create their own crypto easily and they can spread it to many people in that country and they will offer the benefits of their coin to them.

If a single person can create his own cryptocurrency it makes complete sense that a government can create their own cryptocurrency as well, and even if they have all the resources to try to push their own project the problem is that they are never going to create something that benefits the people, they're only going to develop something that benefits them and as a result their coin will fail at some point.