Each country has its own crypto currency!

[wxa7115]

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.

A cryptocurrency created by the government is going to have the same value as their fiat the only thing that it will change is its form, but what it is the point of holding such cryptocurrency for people like us? None, we are not going to get any benefit out of this and they are not going to deceive us, however the average person is not going to have any need for that cryptocurrency either so if we have a problem with adoption and how to get people interested in cryptocurrencies, I think the governments are going to have an even bigger problem.

So I am not afraid of the governments releasing their own cryptocurrencies because I know it is going to fail in the same way their fiat currencies are going to fail as well.

[1714901574]

1714901574

[1714901574]

1714901574

[1714901574]

1714901574

[denuhaqiqi]

crypto made by the state will be different from crypto most of the time. because crypto is made by the state, the value will be the same as fiat or the country's money. it makes no difference with the exchange of national currencies. crypto made by the state, will have a more stable value, and this will not be favored by most cryptocurrencies users who often trade by utilizing fluctuating prices on the market.

[Btcjunpitz18]

crypto made by the state will be different from crypto most of the time. because crypto is made by the state, the value will be the same as fiat or the country's money. it makes no difference with the exchange of national currencies. crypto made by the state, will have a more stable value, and this will not be favored by most cryptocurrencies users who often trade by utilizing fluctuating prices on the market.

I agree with you mate, still have manipulation in each state coin and they can control the said crypto like the fiat currency today.

[boyz97]

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

cryptocurrency price did not depend on population amount.demand on its coins give big influence to price.if coins developt well and has clear roadmap there were much investor support it.

[Greed Dev]

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 see cryptocurrency only able to serve the business and it can not serve a country. Because the government always knows how their people transfer money to and how they source their income through banks and income information. If blockchain technology is involved in this, the government can not control the income as well as other information about the people. It is absolutely detrimental to the development of appropriate policies to stabilize and balance the country.

[mkmdoc]

Still, I don't see any country creating their own cryptocurrency but if the situation comes true defensively they will have their own coin because each country will have different rules and regulation in order to accept payment. Each country has different names of currency which will help them to have their own cryptocurrency.

[sirohige]

when each country has its own cryptocurrency, the country can develop more advanced and the country will be able to receive payments through various countries with safe and very fast shipping or transactions, hopefully this future can be created and can facilitate economic conditions in all countries .

[Johann Cruyff]

I think that everything is double-sided. For cryptocurrency too. The diversification of the crypto market will make the investor have many options. However, it can also lead to market volatility.

[margaret22]

Would say USAcoin, but this is not really a realistic question IMO. If all the countries launch their cryptocurrencies, which they control, than it is not really different, than traditional Fiat money.

[blackhawkeye1912]

That is very interesting, but as far as I know each cryptocurrency coin has its functions and purposes. So, what would be the functions of the coins if ever each country would have? It is possible, but the depicts the purpose of the coins.

[project_delta]

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?

Ok so then we will have a whole market of cryptos then, being controlled as US dollars controls all other currencies.
Wouldn't that centralize the power to super power country again?
Also same manipulation an suppression will continue.
We couldn't enjoy the benefits of "global money".
That would be life changing,
You don't have to keep calculating what the product is worth in your currency.

[Wonder_woman]

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?

Yeah because each countries has a lot of IT's, programmers and excellent coders ofcourse others already involved in crypto and if they want to earn more money they need to make their own coin and project.

[Banebdjedet]

That may be the diversity in the crypto market. However, it is difficult to control the flow of traffic between countries.

[Faeton]

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?

Centralized coins of various countries will actually be digital copies of these national currencies. That is, they should cost as much as their national money. Therefore, it makes no sense to discuss how much the digital ruble or other digital currency of a particular state will cost. Most likely, these centralized cryptocurrencies will go mainly within each state and be used by their citizens. It is difficult to say how much they will be in demand.

[Lorence.xD]

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 depends on how its people will initially accept and recognize its own cryptocurrency for the fact that a country will only do the issuing once its government and the people have already know its worth to be considerate on deciding to establish and create their cryptocurrency. Maybe same thing will apply on how fiat currency of each country will work. The expensive ones will be those cryptocurrencies that are massively used by people and the rest are cheaper because only few are into it. I like the idea that each country will do represent their own by having cryptocurrency which can be probably possible to happen in the near future.

[wxa7115]

when each country has its own cryptocurrency, the country can develop more advanced and the country will be able to receive payments through various countries with safe and very fast shipping or transactions, hopefully this future can be created and can facilitate economic conditions in all countries .

Cryptocurrencies are not going to solve the problems of governments just like that, this is a vision that I see in the forum and it is mistaken, what makes you think that the same politicians that take the decisions that eventually ruin the economy are going to be able to create a cryptocurrency that is going to solve their problems? If they were interested in solving their problems they will adopt bitcoin but they always think they can do better only to be shown time and time again that is not the case.

So a cryptocurrency created by the government is going to have all the same flaws as their fiat and there are going to be even greater risks since the government will know every single thing you do with your money.

[Dimas99]

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 it is possible for each country to issue its own currency, it means that the crypto currency has more or less the same function as the fiat currency, but different forms, if possible, may be more supportive.

[Harlot]

crypto made by the state will be different from crypto most of the time. because crypto is made by the state, the value will be the same as fiat or the country's money. it makes no difference with the exchange of national currencies. crypto made by the state, will have a more stable value, and this will not be favored by most cryptocurrencies users who often trade by utilizing fluctuating prices on the market.

It still depends on what kind of cryptocurrency they are making, if it will be based on their fiat currency then for sure it will be the same or almost the same as there fiat currency. But if it is a cryptocurrency that has unique values or it will act out like any other project based crypto then its value will be different from their fiat currency. If I'll be creating my own state issued cryptocurrency then I think it is better to stray away from our fiat currency and make it be based on some kind of project as this kinds of cryptocurrency will definitely help the economy if it will turn out to be good.

[Caelanpelley]

Electronic money is growing all over the world. But every country has its own investment in different electronic currencies. The value of each penny in each country is not the same. They depend on the economic development of the countries. Which countries are strong financially, e-money is strong.

[Kolder]

Electronic money is growing all over the world. But every country has its own investment in different electronic currencies. The value of each penny in each country is not the same. They depend on the economic development of the countries. Which countries are strong financially, e-money is strong.

It depends if that country accepts crypto already. There are no crypto indicated in our country yet, though there are companies appeared.