Each country has its own crypto currency!

[bajingluncat]

Is that possible? If it really happened, then what's the difference with the current fiat money?
I doubt if the state issues their own coins whether they will own the blockchain and centralized systems, whereas if those whose names are state-owned governments will certainly interfere as regulatory and controlling agencies, there will be control over the market and prices. happen.

[wahyu wida]

Is that possible? If it really happened, then what's the difference with the current fiat money?
I doubt if the state issues their own coins whether they will own the blockchain and centralized systems, whereas if those whose names are state-owned governments will certainly interfere as regulatory and controlling agencies, there will be control over the market and prices. happen.

when this has happened, several countries have used it. but indeed development is not as good as bitcoin. i think they are prepared to face technological developments, so later if many countries follow it, they are already superior

[Janation]

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?

    It is still depends on the acceptance if the people/demand. If people encourage to patronized their own country crypto coin and exchange and they can get more profit in investing to it then it was good. But if this crypto coin has no different value as a fiat money i think there is no different from it.

I don't think it will be the same as the cryptocurrencies that we are using today like Bitcoin and Ethereum. If countries made their own cryptocurrencies, I think it will be based on their fiat.

That means it will not be a decentralized cryptocurrency but a centralized cryptocurrency. That would also mean that that certain currency will not be volatile and it's price will not be based on the law of demand and supply but will be controlled by the government since it is also based on the fiat. It will not be based on how the currency worked on exchange but based on how their fiat is doing.

[mitchr4]

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 has their crypto currency, the value depends on the coin whether its good or not good. If it's good, people will be more interested in buying it. No need to see where the coin came from, if the coins don't have a mature project plan, of course the circulation of supply and demand  will not run smoothly.

[cintamoni]

Recently, news about the fact that countries are beginning to develop their stablecoin is often heard, so it is quite possible that all countries will soon work with cryptocurrency!

There's nothing exist which can replace bitcoin.Those countries who issued there own cryptocurrencies are available with highly taxes. They're not volatile.

[jimskiy]

I am disagree when many country have each other of own crypto, how to know is potential and best coin for investment if man country have created their own coin, maybe just fake and scam coin created for making lost of investor.

[Altcoins enthusiast]

one that will have a strong coins will be the one with strong economics.  The demand and supply of money in any country is determined byhow strong the economic make.  However I think the usdcoin might still be the major coins if that happens.

[jjohnathn]

I wouldn't be surprised if there are so many currencies including crypto. If the token doesn't use some kind of decentralized distributed ledger based technology, it won't survive long term IMO. That would completely contradicts the purpose of blockchain Technology.

Yes you're right each country hast here own cryptocurrencies even my country has too but its useless to invest with them. Because they took a lots of time or maybe be years to increase.

[tegacoll86]

I wouldn't be surprised if there are so many currencies including crypto. If the token doesn't use some kind of decentralized distributed ledger based technology, it won't survive long term IMO. That would completely contradicts the purpose of blockchain Technology.

People are not well aware about other cryptocurrencies so they don't take any interest with them.  We need to get people aware to people to use bitcoins so crypto can be applied to each country effectively.

[Commotheon]

I wouldn't be surprised if there are so many currencies including crypto. If the token doesn't use some kind of decentralized distributed ledger based technology, it won't survive long term IMO. That would completely contradicts the purpose of blockchain Technology.

Remember all cryptocurrencies are depends on demand and supply. If people don't invest the demand won't increase as result they won't increase their price.

[Assab101]

one that will have a strong coins will be the one with strong economics.  The demand and supply of money in any country is determined byhow strong the economic make.  However I think the usdcoin might still be the major coins if that happens.

If you are preferring to the traditional value of fiat, we can obviously conclude that those who have high value will automatically the strongest. But in cryptocurrency cases, maybe we can see a slight or even major changes in terms of the ranking. Cryptocurrencies has opened a lot of its potential uses and who knows this might change the system of paying goods and services.

[wxa7115]

Is that possible? If it really happened, then what's the difference with the current fiat money?
I doubt if the state issues their own coins whether they will own the blockchain and centralized systems, whereas if those whose names are state-owned governments will certainly interfere as regulatory and controlling agencies, there will be control over the market and prices. happen.

Yes it is possible and it will happen, and about the differences with fiat money? There will be none, it will be the same system with just some cosmetic changes, then you may ask why the governments would do something like that? They will do it to deceive the people, they did the very same thing with gold, in the past people used gold coins and then the governments offered them to store their coins for them so they did not had to do the incredible effort to carry a few ounces of gold in their pocket.

And now we know how that ended, governments withdrew your right to convert your paper currency to gold and created fiat and it is likely they are planning something similar with cryptocurrencies.

[Sarastiche]

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 for see this happening  in the near future, where several countries will create there own coin, when this happen USAcoin will sure be more expensive as it is is a determing global coin that control other currency even in cryptocurrency, this might be followed by China base  on the technological advancement of the country and  the product they export  to other countries.

[maianh09]

If each country releases its Cryptocurrency, then there will be a lot of trouble. Countries must persuade people to accept Crypto and change the way people exchange and pay for FIAT. Because sudden changes, will make it hard for people to receive it.

[Bonsaiav]

Many countries have anti-empathy for bitcoin, but not blockchain. Until now, each country has understood the blockchain performance, some have implemented it in their banking system. By adopting the system from bitcoin, their practice seems complete to launch crypto currencies themselves.
Even though this will be a reality, I think the nature of their cryptocurrenciess is not speculative, because they will be based on fiat currency. So, expensive and cheap their crypto values, this will depend on the value of their fiat currency.

[dunfida]

Many countries have anti-empathy for bitcoin, but not blockchain. Until now, each country has understood the blockchain performance, some have implemented it in their banking system. By adopting the system from bitcoin, their practice seems complete to launch crypto currencies themselves.
Even though this will be a reality, I think the nature of their cryptocurrenciess is not speculative, because they will be based on fiat currency. So, expensive and cheap their crypto values, this will depend on the value of their fiat currency.

So whats actually the point on creating such e-currency if they have fiats? If such integration would happen then there would be lots of adjustments to happen and I don't see a strong reason why
these countries would be convinced on creating on their own coin? They can use up blockchain tech into other field but I don't believe they would focus out on creating that country coin that had been mentioned.

[drumamat]

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 creation of state crypto-coins has been talked about for a long time.So let's imagine that these coins have already been created.If they are created then 100% of these coins will be tied to Fiat public money.And it seems to me the growth will be the one the investors will believe in.That is, even the citizens of their own country will be able to not be afraid of their savings and store it in this national cryptocurrency.This is a very good marketing and economic move.I hope this comes true soon.

[Escf4]

If on the future time the cryptocurrency will be popular and accepted by every country around the world , then there will be a big possibility that every country would make its own cryptocurrency, like what happen know that the fiat money is the era today , all the countries have their own fiat money, it is near that the countries will also have their own cryptos if ever the cryptocurrency will be popular and accepted and used.

[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?

    It is still depends on the acceptance if the people/demand. If people encourage to patronized their own country crypto coin and exchange and they can get more profit in investing to it then it was good. But if this crypto coin has no different value as a fiat money i think there is no different from it.

If that is true. of course the country with the largest population and strong economies like China and America will have the highest
coin prices? but I don't think that will happen. crypto in every country will only erode the existence of fiat

[trickyriky]

I wouldn't be surprised if there are so many currencies including crypto. If the token doesn't use some kind of decentralized distributed ledger based technology, it won't survive long term IMO. That would completely contradicts the purpose of blockchain Technology.

Even if such a situation happens, we will see these different cryptocurrencies not earlier than in 7-10 years. I guess, many countries are very skeptical still about the crypto. Probably, when Bitcoin start growing fast, something will be changed.