Each country has its own crypto currency!

[Blackhammer321]

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?

Probably it will be the coin from the rich country or countries. Those are the first world countries such as US, probably it will be. But then there might be a huge changes to come first. We cannot really say what will reign but we can predict that is will cme from the rich countries.

[Blasteros]

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?

Whats the point of such a separation between cryptos? I think the main point is to have one crypto that can be used from everyone around the world and do a transaction in just few seconds. If every country has its own crypto then this is more than centralized than we want, so I don't think it will show growth or anything positive to the society.

[AjithBtc]

Already there were few countries that have developed their own cryptocurrency. However this will help with the functioning within the country. For transactions beyond border, there is a need for common cryptocurrency. Right now this is being fulfilled by bitcoin. In such a way the growth will continue with gradual spreading about cryptocurrencies.

[bangkit tri]

Already there were few countries that have developed their own cryptocurrency. However this will help with the functioning within the country. For transactions beyond border, there is a need for common cryptocurrency. Right now this is being fulfilled by bitcoin. In such a way the growth will continue with gradual spreading about cryptocurrencies.

maybe at this time it doesn't have a big effect, but i think this is a good step, considering that not many countries have legalized it. and bitcoin acts as a mecca for all existing cryptocurrency like usd

[sieemma]

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 will follow that of their respective fiats in a sense that the fiat will be converted to the occurrences and then later, it will be determined by how much support each has in the crypto space.

[ridho002]

Actually it's a great way to show their talent and interest in crypto, they do this because see the others getting a big success while done it. The more altcoins in coming, means more new ideas will emerge.

[eSurge]

But I think the country prefers fiat because they can control fiat completely. Cryptocurrency are decentralized and that will make it difficult for the state to control them.

Tend to agree here.

For a government-issue crypto, it is either A) KYCed and fully controlled or B) Decentralized and hard to control.

Any government is interested in controlling its financial system, thus they can only consider an option A. However, any traceable crypto with a mandatory KYC is per se contrary to the idea of a cryptocurrency.

That's why one can hardly believe in a huge success of cryptos issued by the govs. Look at Petro, basically a Dash clone, controlled by Maduro and some hired devs. It  does not produce anything but skepticism.
Do not want to sound like a crypto-anarchist of some kind or an old-school cypherpunk, but to be honest, the rationale is really unobvious for gov-cryptos.

[gambitcoin53]

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 you are referring GBcoin as Great Britain, i think they will top up all the other countries you have mentioned, let us put it this way, you can replace coin into fiat for example, in terms of fiat, Great Britain has the most valuable fiat compared to the other countries, so as simply as that, if all those countries you have mentioned will issue their own coin, which is probably not so soon to happen, it will depend on the value of coins' counterpart, fiats.

[BigTeeths]

It would not be expensive and it will be fixed or will have a steady growth. I'm sure that huge countries that very progressive will never let the chance to make their own cryptocurrency. So expect USA and China to lead the way because they have the big markets that make worldwide trades and deals.

[cathalary153]

I don't think it is necessesary to create countries's cryptocurrency. we can try to use a global currency for people world wide to use

[deppil]

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 will be like fiat money, because still controlled by government. And like current fiat money, its depending on their economic strenght. I think it can not called cryptocurrency because central banks still control the supply and the value

Absolutely true, it will be like fiat money, but in digitized form. They will be controlled by the government and their value will be determined by worldwide actions and economy. It will be based on blockchain technology probably using cryptography, so we may call it cryptocurrency.
They will have both pros and cons if this happens. This will kind of promote usage of the other coins as they will not be regulated and will be without restrictions, and also it may create problem to the orthodox people and there will be many such pros and cons.
It is quite far-fetched thought, no surety if this is going to happen, if yes, when.

If that happens what about fiat local currency? then is fiat money be removed? and if every government makes their own cryptocurrency but centralization. what is the difference with fiat currency which is also centralized. I think the government will never make its own cryptocurrency

[ninis45]

it can happen that each country will issue its own cryptocurrency but this is very difficult because crypto is very different from fiat and they do not have full control of crypto money that is why they might prefer to legalize and provide security facilities and services for cryptocurrency.

[inding]

This is indeed a trend of development. Now many governments are trying to make their own currency. This event has created many stable coins. This is a very good news.

[andriw]

I think it will be the same as the current fiat condition, its currency technology may be new and up-to-date, but the system applied to the new currency will be the same as fiat at the moment.

[suzanne5223]

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 will be like fiat money, because still controlled by government. And like current fiat money, its depending on their economic strenght. I think it can not called cryptocurrency because central banks still control the supply and the value

Absolutely true, it will be like fiat money, but in digitized form. They will be controlled by the government and their value will be determined by worldwide actions and economy. It will be based on blockchain technology probably using cryptography, so we may call it cryptocurrency.
They will have both pros and cons if this happens. This will kind of promote usage of the other coins as they will not be regulated and will be without restrictions, and also it may create problem to the orthodox people and there will be many such pros and cons.
It is quite far-fetched thought, no surety if this is going to happen, if yes, when.

If that happens what about fiat local currency? then is fiat money be removed? and if every government makes their own cryptocurrency but centralization. what is the difference with fiat currency which is also centralized. I think the government will never make its own cryptocurrency

Never say never cause all things are possible and even most of the political that seems to hate bitcoin when they are in office later confess the potential of bitcoin after they leave office. This shows that they also know the capacity of cryptocurrency.
Concerning the OP statement. I believe if the government national cryptocurrency the currency will be expensive/grow base on there global trading status (1 USD, 2 EUR, 3 YEN, 4 GBP) etc.

[Rooster101]

There are some reports recently that some central banks around the world are busy experimenting with their own versions of cryptocurrency, or digital currency. These government-backed virtual currencies are likely to be a centralized one like ripple and they are going to be issued to counter the growing popularity of cryptocurrencies like bitcoin and ethereum. Bitcoin and other crypto would coexist with government-issued digital currencies but the possibility that it will affect the value of the original cryptocurrencies are still remain to be seen.

[zero9119]

it can happen that each country will issue its own cryptocurrency but this is very difficult because crypto is very different from fiat and they do not have full control of crypto money that is why they might prefer to legalize and provide security facilities and services for cryptocurrency.

Countries with their own coins are a great way to promote and bring cryptocurrency closer to the people. But besides, each country has different types of coins that make trade harder, just as every nation now has a different kind of crypto fiat. I very much hope that the cryptocurrency market will rebound in the next few months.

[Ozero]

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?

The centralized coins of each country will, in the main, only go in this country. They will combine the advantages of national money and cryptocurrency. While it is difficult to say what happens. It is also possible that other forms of their existence will appear. They may also not be successful. While we have no such practice.

[SportbetMaster]

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?

all depending on blockchaine on which they will be run,all the countries you mentioned in the topic can have their own blockchain, but those of Africa the majority will be linked to that of France so the Francoin will be the most expensive.

[Naughty Princess]

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?

Probably it will be the coin from the rich country or countries. Those are the first world countries such as US, probably it will be. But then there might be a huge changes to come first. We cannot really say what will reign but we can predict that is will cme from the rich countries.

Maybe it will stay the same as each country currency. US crypto currency can be above all of the currency that has high value because they are the first who accepts crypto and improve it to the market. The advantage of it will be the same of bitcoin and many can choose it to invest and make exchange. That can be more popular as dollar is today.