normanderecho
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May 30, 2018, 09:51:20 AM |
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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.
I think its the same the currency that started now because if the country is poor the cryptocurrency will not possible to grow because theirs not have to give supply on people to invest and the rich country theres a big possible to grow because the country can give many supply and demand of people so i think it depends of country if their a power to growth the own crypto.
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Bagaji
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May 30, 2018, 09:59:01 AM |
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I don't think there will be any need for that since each country has her own currency in existence already and the main or one of the reason for the creation of bitcoin and crypto currency in general is to remove government manipulation in the financial system.
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jlong187
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May 30, 2018, 10:42:26 AM |
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Thats a nice concept, but I have read here the comments and I am interested in the question too, how would they provide an exchange between them?
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billbear
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May 30, 2018, 11:50:08 AM |
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The world on my opinion would be no different than now, because almost every county now has its own currency (just not crypto)
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Colt22
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May 30, 2018, 11:54:23 AM |
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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 do not think that it will get a success like bitcoin as people if comes to crypto then they want a decentralized cryptocurrency which do not have any control from any third part or from any central power. But if it happened and the governments imposed their citizens to use only that currency then the value of them will be the same as the value of their fiat currency.
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stimliall
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May 30, 2018, 12:27:26 PM |
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If countries issue their own crypto-exchange system, these countries' cryptocurrencies rely on national credit as guarantees! Then the cryptocurrency of the United States may be the most popular!
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Elmughni
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May 30, 2018, 12:58:29 PM |
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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 think It is possible. because the crypto currency is the future currency. Every country should accept it or create a new crypto.
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Lordshiva
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May 30, 2018, 01:01:25 PM |
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Well I am from India and I heard India and Reserve bank of India are launching its own coin LAXMI coin but I don’t know what happened next either it never came in market or it is complete worthless as I never shows on coinmarketcap...
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Dimon8 (OP)
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May 31, 2018, 07:51:11 AM |
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At this forum, I met information that Sweden, Canada, Israel and India are planning to issue a national currency. Venezuela issued a currency crypt. I think that the process of issuing national currency is in development.
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Starving_Marvin
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May 31, 2018, 10:23:06 AM |
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I would like to saa that happening, awesome if I would be able to buy anything anywhere for crypto currency relevant here
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amih
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May 31, 2018, 10:49:05 AM |
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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?
if each country creates its own crypto it certainly does not exist any decentralized system as it does for now. and I think it will be just like the fiat currency in general because the highest value will depend on the highest level of crypto trading exchanges. and as we know in fiat currency of course US Dollar which has the highest value.
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smarcio
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May 31, 2018, 10:58:38 AM |
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I think the most potential will have Russia, which very rich in natural resources (oil, gas, minerals). But actually, I don't like idea own cryptocurrency which will be controlled by authorities.
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basyang
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May 31, 2018, 12:12:26 PM |
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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?
Well, the way I see things that is think that is I do not think it will go to the point that it countries will issue their own crypto-exchange. However, if this thing happen it means that fiat or physical money become a version of a cryptocurrency. Its means that the government is officially accepting cryptocurrency in the country. Well, I think in which you mention above will initially be expensive and show growth is USAcoins, because we all know the dollar is the main currency of many countries. And for sure just like physical money its value is also the same.
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shield132
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May 31, 2018, 12:29:12 PM |
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That's the silliest idea to be fair. Firstly are we going to make it mineable or not? If it's mineable, then it can't be local because everyone in the world will be able to mine your country's coin. If we don't make it mineable, then how? How much will be sold on person? What will be,it's market cup? Overally your opinion will be just an unreleased idea.
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iv4n
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May 31, 2018, 12:47:03 PM |
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I think the most potential will have Russia, which very rich in natural resources (oil, gas, minerals). But actually, I don't like idea own cryptocurrency which will be controlled by authorities.
You have a point about country that have a lot of natural resources have a chance to be leading country in the future. But what is more important is what you say about crypto controlled by authorities, we are trying to run away from centralized system, not to create new one. Countries can create their own crypto but I think people will trust more in decentralized systems. At least I hope so for that, people will have to choose to use one or another, from decisions that people make in upcoming years global economy future depends, and this time people should choose smart, in favour of decentralized coins and platforms. That's the silliest idea to be fair. Firstly are we going to make it mineable or not? If it's mineable, then it can't be local because everyone in the world will be able to mine your country's coin. If we don't make it mineable, then how? How much will be sold on person? What will be,it's market cup? Overally your opinion will be just an unreleased idea.
How will be distributed depends from creators and developers, they can share it to all people, or they can share some and keep the rest for people in power. It's not a problem to create alt now, with blockchain that is easy to do. What is important will you trust your government and politicians behind thier coin, or decentralized bitcoin or litecoin? Where people from all over the world participate in mining? Its your choice.
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SlickMoTwoToe
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May 31, 2018, 02:57:36 PM |
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That's the silliest idea to be fair. Firstly are we going to make it mineable or not? If it's mineable, then it can't be local because everyone in the world will be able to mine your country's coin. If we don't make it mineable, then how? How much will be sold on person? What will be,it's market cup? Overally your opinion will be just an unreleased idea.
I agree with that, it is not essential to other countries to give their currencies to other countries, on the second thought , I think he is referring to independent currencies? One country must have their own crypto currency exclusive for a single country, but to think of it, the resources in able to do that will fall apart because not all country can afford that.
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mobiljonson
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May 31, 2018, 04:23:25 PM |
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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 think if these countries issue or create their own coins will cause chaos and the government in the country will not silently take a policy that will harm the coin itself. Probably because the system will be centralized
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cfif123
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May 31, 2018, 04:32:35 PM |
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I think the most potential will have Russia, which very rich in natural resources (oil, gas, minerals). But actually, I don't like idea own cryptocurrency which will be controlled by authorities.
and Russia also has a virtual currency in the country. and russia is also the biggest country for coin ethereum and other coins as well
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trako
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May 31, 2018, 04:41:48 PM |
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America is the most open to this market. So I think that USAcoin will grow faster than others. investment and trading power will grow faster than others.
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Osarman
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June 01, 2018, 08:12:36 AM |
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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?
If countries should issue out their cryptocurrency I believe that China coin will have the fastest growth followed by Russia’s. USA might follow next as the third, I don’t know for others. But if I may ask, why would you have any interest in a coin that is being issued out by the government? If the government issues out their own cryptocurrency, as long as Bitcoin is still around I will continue to go for Bitcoin cause it’s always the best. Going for something that belongs to the government will be taking a risk.
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