Bitcoin Forum
September 23, 2018, 07:22:21 PM *
News: ♦♦ New info! Bitcoin Core users absolutely must upgrade to previously-announced 0.16.3 [Torrent]. All Bitcoin users should temporarily trust confirmations slightly less. More info.
 
   Home   Help Search Donate Login Register  
Pages: « 1 2 3 4 5 6 7 8 9 10 11 [12] 13 »  All
  Print  
Author Topic: A coin issued by some country government - would you go for it?  (Read 703 times)
uozer
Full Member
***
Offline Offline

Activity: 377
Merit: 100


PRiVCY


View Profile
July 09, 2018, 09:17:33 AM
 #221

Any coin issued by any Country's Government is definitely centralized and legalized against the Crypto Ethics, though with reliable or maximum security of investment. I shall buy but not in large quantity. The reason why I would buy some is to ensure my contribution into the Government's revenue drive used for Economic growth and development, since I know this type of coin shall equally be monitored to tap the required Tax from their Holders or Users.
Why I would not buy in large quantity is to save myself the agony of loosing my investment because when the volatility becomes negative, the Government might not adequately monitor it for controlling measures and may decide to dump most or all for the Dip. 

   ⚡⚡ PRiVCY ⚡⚡   ▂▃▅▆█ PRiVCY (PRIV) is a new PoW/PoS revolutionary privacy project  ☞ Best privacy crypto-market! █▆▅▃▂
    Own Your Privacy! ───────────────── WebsiteGithub  |  Bitcointalk  |  Twitter  |  Discord  |  Explorer ─────────────────
   ✯✯✯✯✯                 ✈✈✈[Free Airdrop - Starts 9th June][Tor]✈✈✈ ║───────────║ Wallet ➢ Windows  |  macOS  |  Linux
Advertised sites are not endorsed by the Bitcoin Forum. They may be unsafe, untrustworthy, or illegal in your jurisdiction. Advertise here.
1537730541
Hero Member
*
Offline Offline

Posts: 1537730541

View Profile Personal Message (Offline)

Ignore
1537730541
Reply with quote  #2

1537730541
Report to moderator
basyang
Full Member
***
Offline Offline

Activity: 420
Merit: 100



View Profile
July 10, 2018, 12:35:42 PM
 #222

Imagine that some respectable country would go far beyond legalizing cryptocurrency and start one of its own. It would surely be no scam and it would probably have a strong support, but would there be any drawbacks to the currency and the state itself? Would it get more attention than some of the biggest coins now?

It is impossible to any coins be safe to the scammers. However, if respectable country would go far and startits own cryptocurrency I think it is possible and impossible. Possible because its a good thing that country start to acceptthe innovation of currency and it is a good opportunity for us to invest or try that cryptocurrency. Impossible because it is a huge amount to plan and conduct this kind of creating a cryptocurrency and many people will against to it especially for those who are not literate in the technology.

crypki21
Jr. Member
*
Offline Offline

Activity: 53
Merit: 10


View Profile
July 10, 2018, 02:23:19 PM
Merited by kovaa (10)
 #223

It depends strongly on the circumstances. What is the purpose of the coin, what government issued it, what are the details of the project etc... All in all, it does not sound bad to me, but there are many factors

DACC.CO ● Decentralized Accessible Content Chain
▬ ● ▬ TOKEN SALE START: 10 JUNE 2018 ▬ ● ▬ (http://dacc.co/)
kalawang
Full Member
***
Offline Offline

Activity: 350
Merit: 100


The Future Of Work


View Profile
July 10, 2018, 04:23:19 PM
 #224

Imagine that some respectable country would go far beyond legalizing cryptocurrency and start one of its own. It would surely be no scam and it would probably have a strong support, but would there be any drawbacks to the currency and the state itself? Would it get more attention than some of the biggest coins now?
Government furious at least one of cryptocurrency. I believe in science, I believe that bitcoin will rise in your life, but its not sure that many people have a dream that bitcoin will fall to the market. I do believe right direction and it will do if they can lift, I do not a bubble cause we all know,

▬▬■ ■ ■▬▬ The Future of Work. Decentralized. ▬▬■ ■ ■▬▬
WhitepaperANN THREADTELEGRAMFACEBOOKTWITTERYOUTUBE
Joshgod
Newbie
*
Offline Offline

Activity: 30
Merit: 0


View Profile
July 10, 2018, 04:32:36 PM
 #225

I will surely go for it because I know there is nothing like scam in it because it from the government. They it won't have to be very real on market 💹 because they will finance it. The only disadvatage it may have is that the price may not rise.
Alfiehob
Newbie
*
Offline Offline

Activity: 62
Merit: 0


View Profile
July 11, 2018, 09:50:57 AM
 #226

Bitcoin or cryptocurrency was created for anonymity and decentralisation. If a country creates one coin of its own then its maine purposes are already lost. I may or may not buy it, depending on the country.
Of course I will invest in it no matter they impose tax on it, but I will be mentally relaxed because of the centralized coin. Government will be responsible for any lose. There will be no scams and no frauds. If the government issues a coin it will gain fame in few days because of the authentication and centralization. The market cap will increase in seconds.
BaraxLo
Hero Member
*****
Offline Offline

Activity: 846
Merit: 508



View Profile
July 12, 2018, 08:15:01 AM
 #227

Imagine that some respectable country would go far beyond legalizing cryptocurrency and start one of its own. It would surely be no scam and it would probably have a strong support, but would there be any drawbacks to the currency and the state itself? Would it get more attention than some of the biggest coins now?
Meehn… the question is whether you can trust your country’s government. Some governments are not reliable and they are just criminals so investing in something that is being issued out by them is a very big risk Just like in my country, if the government starts to issue out coins like bitcoin  I wouldn’t go for it cause I’m very sure they one day they will make up stories to steal peoples money from them lol. So you better stick with this.

                  ▄▀▀▄▄▄▄▄▄     ▄▄▄
                  ▀▄▄█     ▀▀▀▀█   █
                   █  ▀▄▀▀▀▀▄▄▀▀▄▄▄▀
                  █   █      █   █
                 █    ▀▄    ▄▀    █
                █     ▄▀▀▀▀▀▀▄     █
               █    ▄▀        ▀▄    █
              █   ▄▀            ▀▄   █
█   ▄▀    ▄▀▀▀▀▀▄▀   █▄     █  █  ▀▄▄▀▀▀▀▀▄    ▄▀▀▀▄
█ ▄▀    ▄▀       ▀▄  █ █    █  █  ▄▀       ▀▄  ▀▄
██      █         █  █  ▀▄  █  █  █         █    ▀▄
█ ▀▄    ▀▄       ▄▀  █    █ █  █  ▀▄       ▄▀      █
█   ▀▄    ▀▄▄▄▄▄▀    █     ▀█  █    ▀▄▄▄▄▄▀   ▀▄▄▄▄▀
▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬
▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬
█████████████████████████████████
█████████████████████████████████
█████████████       █████████████
█████████████       █████████████
█████████████       █████████████
███████                   ███████
███████                   ███████
███████                   ███████
█████████████       █████████████
█████████████       █████████████
█████████████       █████████████
█████████████████████████████████
█████████████████████████████████
SWISS
MADE
jamesclark
Full Member
***
Offline Offline

Activity: 311
Merit: 100

HEROIC.com | The Future of AI-Powered Cybersecurit


View Profile
July 12, 2018, 01:04:15 PM
 #228


I totally would.
If a government would issue a cryptocurrency, that would mean that the country is transitioning over digital money with the purpose of convenience and benefits over the traditional fiat and ideally to be used widely on the area.
I do not think that there is much of a choice except to go with it, the government is powerful.

First of all, you must study the past of that coin and what country do that coin. If it is one of the top countries in the world we can accept it. It can give us a good profit in the future.

mornabo
Hero Member
*****
Offline Offline

Activity: 910
Merit: 500


View Profile
July 12, 2018, 01:25:28 PM
 #229

It depends strongly on the circumstances. What is the purpose of the coin, what government issued it, what are the details of the project etc... All in all, it does not sound bad to me, but there are many factors
I myself not so sure if the government will issue their own cryptocurrency, because it would certainly threaten their own fiat
currency, but if that's true then crypto will have many users and once again, the US will certainly have the strongest crypto

Raiden0729
Member
**
Offline Offline

Activity: 141
Merit: 11


View Profile
July 12, 2018, 01:37:10 PM
 #230

A moderator inquired as to whether we required ur claim coin here in the nation, I may have contemplated the appropriate response and I figure I would state no. I think to keep it exclusively in bitcoins and few altcoins is sufficient to influence the Cryptos to be a piece without bounds. I figure the formation of new coins will expand danger of trick. Namelessness will at present make it difficult for individuals to confide in new coins ahead.
Xising
Sr. Member
****
Offline Offline

Activity: 658
Merit: 257



View Profile
July 12, 2018, 02:04:28 PM
 #231

Imagine that some respectable country would go far beyond legalizing cryptocurrency and start one of its own. It would surely be no scam and it would probably have a strong support, but would there be any drawbacks to the currency and the state itself? Would it get more attention than some of the biggest coins now?

For me, I would, I say that because if a government backs or sponsors a coin, then you can say that that coin is legitimate and would have a better backing  so-to-speak than other coins in the market. As we all know, government money is people's money, therefore, if they invest on something, it has been thoroughly studied and is sanctioned by the people itself, which means that, the government won't just leave that investment hanging left to dry because that would be similar to wasting the people's money, which is unacceptable.


            ▄▄▄▄
        ▄▄████████▄▄
    ▄▄████████████████▄▄
 ▄████████████████████████▄
██████████▀▀███████████████
██████████▄   ▀█████████████
████████████▄   ▀███████████
██████████████▄   ▀█████████
█████████████▀   ▄██████████
███████████▀   ▄████████████
██████████▄  ▄██████████████
███████████████████████████
 ▀████████████████████████▀
    ▀▀████████████████▀▀
        ▀▀████████▀▀
            ▀▀▀

⬢⬢

⬢⬢



       ▄▄▄▄
   ▄▄████████▄▄
▄██████████▀▀▀█▀█▄
██ ▀█████▀     ▀██
██▌   ▀▀▀      ███
███▄           ███
████▀         ████
▀████▄     ▄▄████▀
   ▀▀▄▄▄▄████▀▀
       ▀▀▀▀


██████████████████



       ▄▄▄▄
   ▄▄████████▄▄
▄████████████████▄
██████████▀▀  ▐███
██████▀▀  ▄   ████
███▀   ▄█▀   ▐████
████▄▄█▀     █████
▀█████▌ ▄▄▄ ▐████▀
   ▀▀████████▀▀
       ▀▀▀▀


██████████████████



       ▄▄▄▄
   ▄▄████████▄▄
▄███████▀   ▐████▄
████████  ▄███████
██████      ██████
████████  ████████
████████  ████████
▀███████  ███████▀
   ▀▀████████▀▀
       ▀▀▀▀


██████████████████



       ▄▄▄▄
   ▄▄██▀█▀███▄▄
▄███▀▀▀ ▀ ▀▀█████▄
██████ ████▄ █████
██████ ▀▀▀▀ ▄█████
██████ ▄▄▄▄ ▀█████
██████ ████▀ █████
▀███▄▄▄ ▄ ▄▄█████▀
   ▀▀██▄█▄███▀▀
       ▀▀▀▀


██████████████████
ReiMomo
Sr. Member
****
Offline Offline

Activity: 505
Merit: 252



View Profile
July 12, 2018, 02:19:17 PM
 #232

Nobody is interested to invest in a coin which has good brand value or have a good country backup, the investors looks for the potential of the coin and there is no other things will make them attract. If that particular country coin or the particular crypto launched by a country does not fulfill the potential then it is one of the least attraction for an investor. Things always goes in this way in crypto market trading.

███▄                 ▄███           ▄▄███▀▀█▄▄                   ▄▄█████▄▄           ███▄               ███    ▀██▄             ▄██▀
█████               ▄████       ▄▄████▄█ ██ ████▄▄           ▄▄████▀▀▀▀▀████▄▄       █████              ███      ███           ███
██████             ██████      ▀▀██▄█████▄▄███▄█▀▀▀         ███▀▀         ▀▀███      ███▀██▄            ███       ▀██▄       ▄██▀
███▀███▄         ▄██▀ ███     ███▄▀███▀████████ ████       ███               ███     ███  ███           ███         ███     ███
███  ▀███       ███▀  ███    █████ █████████  █▄▀▀▀▄█     ███                 ███    ███   ▀██▄         ███          ▀██▄ ▄██▀
███    ███▄   ▄███    ███   ▀████▀▄██████▀█████████▀██   ███                   ███   ███     ███        ███            ▀███▀
███     ▀███▄███▀     ███   █▄▄▄▄███  ████████▀███████   ███                   ███   ███      ▀██▄      ███            █████
███       █████       ███   ██▀██████████▀████████████   ███                   ███   ███        ███     ███           ██▀ ▀██
███        ▀█▀        ███    ███████▀████████▀▀▀███▄█     ███                 ███    ███         ▀██▄   ███         ▄██▀   ▀██▄
███                   ███
     █  █▀█████████ ███ ███       ███               ███     ███           ███  ███        ██▀       ▀██
███                   ███
      █████▀▄▄▀█▄██▄▀▀▀▄██         ███▄▄         ▄▄███      ███            ▀██▄███      ▄██▀         ▀██▄
███                   ███
       ▀▀██▄▀▀▄███▀████▀▀           ▀▀████▄▄▄▄▄████▀▀       ███              █████     ███             ███
███                   ███
           ▀▀██████▀▀                   ▀▀█████▀▀           ███               ▀███   ▄██▀               ▀██▄
.
.TRADE, EARN & OWN THE EXCHANGE
████   WHITEPAPER    FACEBOOK    TWITTER    LINKEDIN    TELEGRAM    CRUNCHBASE   ████
|FREETRADING &
ICO LISTING
|SUPERIORTO NASDAQ
AND LSE
|US$ 29MRAISED IN
2 WEEKS
|
[]
privedvelosiped
Full Member
***
Offline Offline

Activity: 364
Merit: 106


View Profile
July 12, 2018, 02:19:48 PM
 #233

Imagine that some respectable country would go far beyond legalizing cryptocurrency and start one of its own. It would surely be no scam and it would probably have a strong support, but would there be any drawbacks to the currency and the state itself? Would it get more attention than some of the biggest coins now?

What's wrong with that? That's a pretty good idea. For example, Venezuela has created its own coin. In a village in Japan, they also created their own coin. I think this is a good example for many countries that are thinking about the same way of development.

Boris_sahnevich
Jr. Member
*
Offline Offline

Activity: 266
Merit: 1


View Profile
July 13, 2018, 08:47:16 AM
 #234

Would not join this coin. Since the coin issued by the government is in fact a fiat, only based on Blockchain.
centive
Copper Member
Newbie
*
Offline Offline

Activity: 20
Merit: 0


View Profile WWW
July 13, 2018, 08:57:21 AM
 #235

Whether its issued by a government or by a centralized agency - generally, it's not a good idea to invest in.
The whole reason Bitcoin was invented is to allow its adopters freedom from taxation, privacy and mobility - not currently afforded to them in the current financial paradigm which is fully centralized.
quichiship
Newbie
*
Offline Offline

Activity: 49
Merit: 0


View Profile
July 13, 2018, 10:39:42 AM
 #236

A coin that issue by a government? Yes i will go for it. Infact i will out my all money in that because if that happen that coin is a sureball investment and it will be huge in incoming future

Though i agree with you that a government coin can be very profitable due to people's confidence since it's legally backed, i don't think going all in would be a good idea. On anything. You can instantly lose all you have in one go.
No doubt people will be happy with their investment in official coin backed by the government, because it is a matter of money and I want security against my investment. If you see that your government launched a coin you will try to become the first to buy some if you have money. I will do the same if my government issues a new ICO.
efxtrader
Full Member
***
Offline Offline

Activity: 448
Merit: 100



View Profile
July 13, 2018, 12:12:01 PM
 #237

Imagine that some respectable country would go far beyond legalizing cryptocurrency and start one of its own. It would surely be no scam and it would probably have a strong support, but would there be any drawbacks to the currency and the state itself? Would it get more attention than some of the biggest coins now?

I think it will get more attention from many investor. That cryptocurrency must be affecting on bitcoin price and make cryptocurreny market cap increasing. Market will be more attractive. I think that cryptocurrency not affecting on government currency

icecream sandwich
Full Member
***
Offline Offline

Activity: 406
Merit: 101



View Profile
July 13, 2018, 12:46:29 PM
 #238

Imagine that some respectable country would go far beyond legalizing cryptocurrency and start one of its own. It would surely be no scam and it would probably have a strong support, but would there be any drawbacks to the currency and the state itself? Would it get more attention than some of the biggest coins now?

Presumably individuals will be content with their interest in official coin upheld by the administration, since it involves cash and I need security against my venture. In the event that you see that your legislature propelled a coin you will endeavor to wind up the first to get a few on the off chance that you have cash. I will do likewise if my administration issues another ICO.

PTON PRE-SALE Live    █████████████      FORESTING     █████████████   PARTICIPATE NOW!
  █████ next-generation social media service based on blockchain technology   ██████
██ █  Twitter ● Facebook ● Youtube ● Telegram [EN] ● Telegram [KOR] ● Medium  █ ██ █ 
samsung001sss
Member
**
Offline Offline

Activity: 350
Merit: 37


View Profile
July 13, 2018, 01:26:18 PM
 #239

Imagine that some respectable country would go far beyond legalizing cryptocurrency and start one of its own. It would surely be no scam and it would probably have a strong support, but would there be any drawbacks to the currency and the state itself? Would it get more attention than some of the biggest coins now?

I am sure that the creation of a new coin by the state will create a very strong push against the crypto economy. I find that a small unrecognized state that can do such maneuvers. After all, they still no one recognizes, so they have nothing to fear.

chosenboy4
Newbie
*
Offline Offline

Activity: 127
Merit: 0


View Profile WWW
July 13, 2018, 01:57:31 PM
 #240

take an examples of bonds issued by governments , only few people go there to invest in those. so it will happen to same with state owned crypto coins
Pages: « 1 2 3 4 5 6 7 8 9 10 11 [12] 13 »  All
  Print  
 
Jump to:  

Sponsored by , a Bitcoin-accepting VPN.
Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!