A government can create a cryptocurrency ?

[toolucky98]

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

I think government can use the blockchain technology to improve many things, i dont know if theye will create a new cryptocurrency but government means centralized right?

[pandanaran]

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

It depends on how it happens, I mean before I invest, I have to see firsthand whether this development is good or not, because if the state makes its own cryptocurrency must be many regulations and changes about the currency itself.

[Thogjold]

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

With Crypto becoming more influential around the world, acceptance becomes inevitable. Governments around the world have no other choice but to issue their own national digital currencies if they want to maintain central control. If the movement does takes hold it could change the international monetary system we have. I think it might be a good investment as the currency may be more stable. However this would mean transactions would be centralized again.

[Persiville]

This is not impossible since the boom of digital currencies and the other benefits to users, they just cannot sit and watch the next wave that will happen, so most expected that they will create their own digitalized currency. As of now we are pretty sure that they are already planning or doing step by step moves to adapt to changes without losing their main objective, and that is to earn.

[data_teks]

To my mind, it  is way too early to discuss the cryptocurrency market recovery stage. However, if we keep having the same pase as we do now for a month or so we may be able to start the recovery process.

[molenracing]

If the government in my country makes Cryptocurrency, I will make as much investment here. and this is very possible, a government creates its own Cryptocurrency, because the government has the authority for it!

[Pelevelyl]

If the government of my country decides to hold an ICO, then I will participate in the bounty company of this new promising project.

[fight-T]

I think this is unlikely because most governments want to stop the development of bitcoins, governments hardly believe in bitcoins because they are afraid of hackers.

[Keyboard PC]

the government could have made its own cryptocurrency but the cryptocurrency created must be useful and have a very good product or sale value because if the government only makes random and has no coin development and good and useful products it looks like there will be no interest in the coin.

[STT]

If the government of my country decides to hold an ICO, then I will participate in the bounty company of this new promising project.

Thats probably the smartest thing for the young especially to do.  Labour is the basic resource which drives any capitalist economy, the smallest measure of time by the hour is what determines a large part of worth and exchangeable value.

Venezuela is trying to setup a cryptocurrency for those that dont know.  However my government and many in the west have sanctions against this country and I cannot really participate.   Effectively the government is trying to bypass Dollar controls and sanctions by using access to crypto to create a market especially based around major buyers for oil.  I dont know it'll work but its an interesting project and makes 2018 a very significant year for crypto  with this experiment being the most bold and far reaching attempt to monetise via only online digital tokens.

[jakoylantern]

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

For me, in the very beginning, The government already created a currency it is called the real money that we use in our daily lives. But if you want to say that if it is possible that government sectors will create their own cryptocurrency my answer is yes. Everyone can create their own cryptocurrency if they can that why there are so many altcoins out their not only bitcoin. But if our government will create their own cryptocurrency, I would like to invest in it, if it’s the same on another cryptocurrency that you can use freely and anonymously.

[resty]

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

Everyone can create their own crypto as long as you have the knowledge to operate it. In this case about the possibility of the government to create alt, I think this will be a big issue since cryptocurrencies are not paying taxes and not legal. Whatever happens this will go into a lot of studies and readings before finalizing. I don't think I will invest in their alt.

[yaghoniyu]

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

Yes, I think It is possible. Because crypto currency is the the future currency. The government should create a new crypto. we can  invest in it.

[inafaustine]

So it doesn't even matter if the government creates a crypto. Nobody is going to use it. People who use crypto aren't stupid. And the general public, absent government intervention, will slowly shift towards the better solution like they have with every other innovation throughout history. We're already seeing the market cap of cryptocurrency rise immensely because the general public is starting to figure it out.

[oluyto]

People are starting to realize that holding your money and wealth outside of the government fiat system just might be a good idea. And the more this good idea gets out the harder it's going to be for the government to bring people over to their cryptocurrency that has not the necessary components of a successful crypto: voluntary and decentralized.

[trand]

Anyone can create a cryptocurrency. If the government want to create crypto, they can hire people who know the blockchain to make their own cryptocurrency. However, I still think that their FIAT system is better for them. THey still love this way. IT is easier than cryptocurrency to control a country

[hodlftw]

It is 100% possible, but I would not spend a second reading about it or investing in it. Why would you want to support a censored blockchain in which you can be kicked off any time? When you could support the fabulous robust censorship resistant, immutable blockchain that doesn't care about your social status. All signs point to using Bitcoin .

[MacStone]

I think that it is more than possible after all, anyone can create their own crypto, and if we take in consideration that a government is trustable, everyone is gonna invest in that ICO and they are gonna earn a lot of money out of it

[xuzukami]

Anyone can create a cryptocurrency. If the government want to create crypto, they can hire people who know the blockchain to make their own cryptocurrency. However, I still think that their FIAT system is better for them. THey still love this way. IT is easier than cryptocurrency to control a country

Yes, any government can create electronic money. But mainly in the country they accept electronic money, as China does not accept electronic money and they also do not release their own money. It is one of the great powers, if they accept cryptanalysis, then perhaps other countries in the world are not competing against their countries.

[andrei56]

It is time for the government to immediately make cryptocurrency, this is certainly not for the purpose of replacing the official fiat and as a second backup to provide convenience to anyone for the transaction.

I have no doubt that some governments are going to create their own cryptocurrency, the real question is why are we going to use it? It doesn't matter what they say I have seen what they have done to their national currencies so I do not trust them and I'm not going to trust and no matter what they say or what they do with the cryptocurrencies they create.