TelolettOm
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December 23, 2018, 12:39:30 PM |
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It's still a long way off when we talk about it now. there needs to be prior research in doing things like this. cryptocurrency itself is still a debate for many people today.
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KKH84
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December 23, 2018, 01:32:04 PM |
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I think that in the future possibility can occur, every country will have its own fiat currency because it will have many benefits, such as minimizing corrupt practices in government institutions.
And how can that reduce the corruption that is happening in a country? I don't think it will be able to stop the corruption of a country even if you use cryptocurrencies. First off, cryptocurrencies are decentralized; it may have a site where you see the transactions like Blockchain.info but do you know whose wallet it was? Second, the anonymity of it is a favor to these politicians that corrupt their country. I think if a country use Bitcoin or any other cryptocurrencies, it is still prone to corruption. Indeed, it is necessary to innovate further, if the wallet has an identity, what do you think, is it possible? like motorized vehicles that have their own identities in each region of the country.
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maemunah
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December 23, 2018, 01:47:06 PM |
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if every country already has its own cryptocurrency, it is certain that the development of cryptocurrency will be better and that many will use cryptocurrency for sure the price of cryptocurrency will be very expensive.
therefore, with many countries that already have their own digital currency, it will be a good way for the development of crypto currencies to be able to get better and brighter as well as their future.
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marcelocoin
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December 23, 2018, 02:10:43 PM |
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everything that comes from the government of any country is at least suspect, the crypto-coins are decentralized in parts, but a government currency would be interesting, but many would try to overthrow it, since many people are libertarians, do not like control of their funds, investments or money!
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virasog
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December 23, 2018, 02:11:21 PM |
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if every country already has its own cryptocurrency, it is certain that the development of cryptocurrency will be better and that many will use cryptocurrency for sure the price of cryptocurrency will be very expensive.
Yes, this will help each country to focus on their own digital currency and it will bring good healthy competition between the altcoins. I wonder what will be the role of bitcoin if every country will use its own currency ?
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jack1111
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December 23, 2018, 03:42:22 PM |
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I think no thing will change with regard to the value of the token, because it will be backed by the fiat currency, but that can facilitate different kinds of deals and save expenses. Most likely the smart contract will give the government the ability to freeze funds, that contradicts the essence of Crypto.
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fianaindriati
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December 23, 2018, 04:19:35 PM |
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if every country already has its own cryptocurrency, it is certain that the development of cryptocurrency will be better and that many will use cryptocurrency for sure the price of cryptocurrency will be very expensive.
if this really happens, of course this is good news, because we certainly think that every country does not have crypto. so we just wait, how are things going for the future.
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Semosuchi Tesongrato
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December 23, 2018, 05:47:48 PM |
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At the moment when each country will have its own crypto currency, it will simply no longer be "crypto": the concept of Bitcoin is precisely that of being decentralized and transnational. If it is under the control of a central bank, it will be a fiat currency like any other.
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Faxmate
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December 23, 2018, 10:51:54 PM |
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At the moment when each country will have its own crypto currency, it will simply no longer be "crypto": the concept of Bitcoin is precisely that of being decentralized and transnational. If it is under the control of a central bank, it will be a fiat currency like any other.
Bitcoin is the best currency forever because this currency is for everyone and every country so if each country has their own crypto currency so they can't improve their currency as like bitcoin, so that's why bitcoin is the best currency and each country's government should improve this currency because it will give them many opportunity and many benefits for their economy.
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dangerousdanjon
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December 24, 2018, 10:04:06 AM |
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if it happens like that it is likely that China will dominate the market because the problem of Chinese trade is better than other countries ...
But I do not think that China coin will be more expensive because with the previous restrictions from China it looks that they are not supportive for Bitcoin. But Japan is more supportive for cryptocurrencies and I am sure that Japanese coin will be higher than all others.
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Altf4
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December 24, 2018, 12:11:23 PM |
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If all country has its own cryptocurrency, this means that crypto has already bso een adopted and accepted by the different country worldwide so if this happen then the cryptocurrency holders are now comfortable using their crypto to transact payments to the different establishment worldwide.
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krishnaverma
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December 24, 2018, 12:42:16 PM |
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I am not in favour of each country issuing its own crypto as it is against the basic foundation of crypto. This would mean that these countries will completely own and operate these currencies the way they want.
It reduces the power of cryptocurrencies which is the major usp in my opinion.
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Zapitmyname
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December 24, 2018, 12:57:53 PM |
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if every country already has its own cryptocurrency, it is certain that the development of cryptocurrency will be better and that many will use cryptocurrency for sure the price of cryptocurrency will be very expensive.
With this step the governments will involve in the crypto community and as they have all the resources for the success and development of a technology so they will really give a bigger success to the blockchain technology. It will also increase the marketcap of all the coins.
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pant-79
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December 24, 2018, 07:21:28 PM |
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I suppose that when issuing their coins, these countries will provide them with the currency of their own country or with some valuable resources of their country. So real value can be estimated only later, when the currency is created. For example, if the United States creates its own currency and backs it up with the United States dollar, then that currency will obviously have a high value. And if Russia launches its coin and backs it up with diamonds (and we know that Russia ranks first in terms of mining diamonds in the world), then its currency will also be very much appreciated. But for earlier nothing can be said for sure.
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legenduim
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December 24, 2018, 08:49:38 PM |
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If each country decide to have cryptocurrency I feel the most popular and the most expensive will be USAcoin. The whole world sees what ever USA do as more perfect than any other part of the world.
have you come to this conclusion because of the evident dominance of the USA dollar? What if everything will be different with the cryptocurrencies? However, I do not think that many countries are ready to create their own crypto now.
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gamer4156
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December 25, 2018, 06:51:10 AM |
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In my opinion it will be CHINAcoin or USAcoin, at current situation they are better among all. Everyone knows that USA is the super power but China is another potential candidate for super power, in fact they have everything to be a superpower. Other thing is their population. GBcoin is already suffering from many internal issues. As Brexit is about to complete, many politicians have voted against the Brexit and many have submitted their resignation.
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twa
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December 25, 2018, 09:29:16 AM |
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if each country issues its own crypto currency, I think the nature of the crypto currency will change from the initial nature of the creation if indeed the development will be better it will certainly be accepted by the investor
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sidodadii
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December 25, 2018, 10:47:19 AM |
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i dont know. sometimes, the country that have much user, famous than other country will lead and have great price. but if good if every country have crypto, and every country connected in exchanger, so it can be trade to any coin. and its good to send or pay some stuff to the other country across the world
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icecube45
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December 25, 2018, 11:00:47 AM |
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If countries issue their own crypto system, this will certainly be very interesting. So every country has its own digital currency like real currency. But I am sure if this happens surely many people will only have crypto from their respective countries, this will be very different from current crypto. I am sure crypto will become expensive and show definite growth from developed countries. Because their economy is well established, of course the crypto they make will have good development and high prices, it looks like the United States will be at the forefront if this happens.
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fileo
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December 25, 2018, 11:20:44 AM |
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Basically to deal this matter the more wealth the country the more have a chance to take the lead. Wealth and richness and power and community is power to make its own crypto demanding and very useful in more services in daily basis. The government is the key to implement this idea but of course the there will have a serious discussion to passed this agenda.
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