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Author Topic: Each country has its own crypto currency!  (Read 3620 times)
virarara
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May 27, 2018, 01:27:33 PM
 #61

I think china and USA are going to be the most developed and have good grades. Because they can organize, market, and maximize the function of coins they have.
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May 27, 2018, 01:52:08 PM
 #62

I think among the three USAcoin will become more interesting because the United States of America has many alliance compare to China and Russia. Russia has small amount of residence compare to USA, China although it has a great amount of people still not all are able to become an investor, and when it comes to influence it is quite obvious that USA most influential compare to China and Russia.
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May 27, 2018, 02:09:50 PM
 #63

I think, in general it is a strange idea, in the world of the future we dont need borders, we dont need different money etc, all things should be easily for communication, thats why the decentralised technology started to be important, it is not only about money, it is a revolution of many aspects or our modern life that must be upgrade.
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May 27, 2018, 02:20:29 PM
 #64

If countries issue their own crypto-exchange system USAcoin, CHINAcoin, ROSSIAcoin, GBcoin, etc. Do you think which of them will initially be expensive and will show growth?

Maybe their level will give effect on it, if you think of it, if a third world country make a coin, will anyone buy it other than their citizens, ofcourse they will buy those coins that are made from leading countries
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May 27, 2018, 02:40:45 PM
 #65

Very interesting question, which I have never thought of... Of course, at once all countries will release their currencies with a high price, but then everything is stabilized. Each country is delivered to hope that the visit has lost and delivered a "keep the mark" high prices at once, but then the market will all put in place.

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May 27, 2018, 02:56:58 PM
 #66

if this happen i think it would be regulated and the price will be the same as fiat. it will be more stable compared to others altcoins and not an ideal for investment. we know that crypto is fast in transaction so country with own crypto will be convenient.

Yes some countries crypto currencies are not as popular as much but it is a good thing to make the country digital and the development of the crypto currencies is also helpful with that .

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May 27, 2018, 04:46:27 PM
 #67

If countries issue their own crypto-exchange system USAcoin, CHINAcoin, ROSSIAcoin, GBcoin, etc. Do you think which of them will initially be expensive and will show growth?

Such a thing will not show as much growth as other coins because they will have limited buyers (a specific country). With government getting involved, it would not be transparent as well and you may have to pay additional money as fees to them. I do not think that anyone will like that as we already have better options available.
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May 27, 2018, 05:50:11 PM
 #68

The essence of bitcoin is to bring decentralization in our financial system so if each country have its own cryptocurrency certainly centralization will set in and USAcoin will be the highest in terms of price because USA is the world power.
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May 27, 2018, 06:49:51 PM
 #69

If countries issue their own crypto-exchange system USAcoin, CHINAcoin, ROSSIAcoin, GBcoin, etc. Do you think which of them will initially be expensive and will show growth?
Of course if you mean fiat of every country will be changed into crypto then USA will still have the most expensive among those countries that you have said.
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May 27, 2018, 07:00:59 PM
 #70

If countries issue their own crypto-exchange system USAcoin, CHINAcoin, ROSSIAcoin, GBcoin, etc. Do you think which of them will initially be expensive and will show growth?
Of course if you mean fiat of every country will be changed into crypto then USA will still have the most expensive among those countries that you have said.
Despite the fact that the Dollar is an international currency, its value is ahead of the pound sterling. Proceeding from this, I believe that in Great Britain there is more chance of having a more different crypto currency.
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May 27, 2018, 11:50:19 PM
 #71

If countries issue their own crypto-exchange system USAcoin, CHINAcoin, ROSSIAcoin, GBcoin, etc. Do you think which of them will initially be expensive and will show growth?
I really do think in the future it will happen, every country starts coming out with their digital currency as an alternative to the fiat system, but it all depends upon how users are going to purchase them and what incentives they can give to force or attract people to use them, it does not make any sense for everyone to come up with their own currency but who knows what the future holds as it is fairly new to tell anything about this market in the long run.
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May 28, 2018, 12:51:04 PM
 #72

Very interesting question, which I have never thought of... Of course, at once all countries will release their currencies with a high price, but then everything is stabilized. Each country is delivered to hope that the visit has lost and delivered a "keep the mark" high prices at once, but then the market will all put in place.

Countries are not going to release their own cryptos. There's no reason to. Each country already has their own fiat currency that they can completely control, and the currencies already operate digitally, so there is no benefit or purpose to issuing a state-denominated crypto.  The US dollar is the most robust digital currency in the world currently, and Bitcoin specifically or cypto generally is never going to come close to the level of adoption or utility the US dollar already commands.

Dimon8 (OP)
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May 28, 2018, 02:11:33 PM
 #73

Very interesting question, which I have never thought of... Of course, at once all countries will release their currencies with a high price, but then everything is stabilized. Each country is delivered to hope that the visit has lost and delivered a "keep the mark" high prices at once, but then the market will all put in place.

Countries are not going to release their own cryptos. There's no reason to. Each country already has their own fiat currency that they can completely control, and the currencies already operate digitally, so there is no benefit or purpose to issuing a state-denominated crypto.  The US dollar is the most robust digital currency in the world currently, and Bitcoin specifically or cypto generally is never going to come close to the level of adoption or utility the US dollar already commands.
In every country, even in the most developed, there is a large turnover of fiat money that is not taxed. The release of own crypto will allow to establish control over all money.And the main crypto currencies (btc, eth, etc.) will be used for international payments as now $ USA.
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May 28, 2018, 02:15:33 PM
 #74

If countries issue their own crypto-exchange system USAcoin, CHINAcoin, ROSSIAcoin, GBcoin, etc. Do you think which of them will initially be expensive and will show growth?

They don't need to. What for? That would have no use.

p.s.
Also your
ROSSIAcoin
makes everyone understand your citizenship in one moment.  Grin

There are benefits if the country makes its own crypto currencies. look at Venezuela now they have started to used blockchain and therefore have their petro tokens.

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May 29, 2018, 05:26:47 AM
 #75

It has long been said about the globalization of the whole world. Who is 100% sure that BTC, ETH and other crypt currencies are not a secret services project for control and introduction to the digital world of all who use money. And if each country releases its cryptography in the guise of fighting corruption, illegal trafficking in human beings, weapons, drugs, etc., they will establish full control over the population.
If it is gonna happening then all the crypto coins should be tax free and using in the benefit of people that will let the crypto survive. On the other hand if the crypto coins are not designing in the benefit of people then this would be a failed attempt and all the coins will be opposing by people which will result in the failure of these coins and thus crypto will not survive.
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May 29, 2018, 06:56:39 PM
 #76

Very interesting question, which I have never thought of... Of course, at once all countries will release their currencies with a high price, but then everything is stabilized. Each country is delivered to hope that the visit has lost and delivered a "keep the mark" high prices at once, but then the market will all put in place.

Countries are not going to release their own cryptos. There's no reason to. Each country already has their own fiat currency that they can completely control, and the currencies already operate digitally, so there is no benefit or purpose to issuing a state-denominated crypto.  The US dollar is the most robust digital currency in the world currently, and Bitcoin specifically or cypto generally is never going to come close to the level of adoption or utility the US dollar already commands.
In every country, even in the most developed, there is a large turnover of fiat money that is not taxed. The release of own crypto will allow to establish control over all money.And the main crypto currencies (btc, eth, etc.) will be used for international payments as now $ USA.

Converting to crypto doesn't necessarily address the issue about untaxed fiat money. Having access to the blockchain doesn't do anything towards identification of income transactions vs. any other type of transaction, and the disruption to the economy of switching systems would be devastating. Further, there's nothing crypto can do in terms of "control over all money" that fiat systems can't do better, and that they already don't do better. Fiat is already under total control of the government, and can be manipulated at will to affect the economy as needed. One possible use is for remittance or international transfer, but it's already used for that and already functions alongside the fiat system, not as a replacement for it.

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May 29, 2018, 09:06:51 PM
 #77

The most powerful currency would be the one that people have more interest, the most promising currency. Probably an USA's Crypto-Currency, or China's Crypto-Currency... However another factor could influence: groups of interest pumping a country's Crypto-Currency without revealing their identity. It could be a smart way for terrorists, "philanthropists", organizations to finance the countries they like and have interest without creating polemics.

 
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May 29, 2018, 09:11:15 PM
 #78

I think, in general it is a strange idea, in the world of the future we dont need borders, we dont need different money etc, all things should be easily for communication, thats why the decentralised technology started to be important, it is not only about money, it is a revolution of many aspects or our modern life that must be upgrade.
Interesting. Do you think that sometime in us the time will come without wars and armed conflicts and everywhere there will be peace and harmony? Can you name at least one period in the history of mankind, where would it be military? Such a period has never been and is not yet scheduled. Constantly in any country, a ruler with imperial ambitions will appear, as now in Russia, and the world is again gradually drawn into the arms race. We see that even within the civilized European countries there can not be consent in any way. Those were problems with England, now it seems that they are arising with Spain.
In this regard, you are unlikely to ever see a society without borders.

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May 30, 2018, 08:26:52 AM
 #79

if all countries have their own currency Crypto, maybe Chinacoin or Crypto currency from China will be the most expensive coin, because China is the most populous country. or it could be the most expensive coin is a coin from another big country, whereas they only create a few coins.
A country can design its own cryptocurrency but the currency should be public friendly. The response of the cryptocurrency should be positive and should be in the benefit of people of a country other wise this currency will not survive just like old system. As we know that Bitcoin is the most precise and popular as well as public friendly currency so all the countries should design as currency like the Bitcoin if they want to make own currency.
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May 30, 2018, 08:50:48 AM
 #80

It really depends on the resources backed up by a country and the amount of currencies in circulation. Let's say that every coutry will have the same number of coins in circulation then i think a chinese coin would come up on top. Because i really believe that they will be in your face about using it. Besides that, china itself is a huge market then they will use it for different projects.

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