UNOE
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This is personal
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November 10, 2018, 08:47:11 PM |
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I think that, if countries have their own cryptocurrencies, their cryptocurrencies will probably have inflationary model, so they will lose their value at the end. But i do not think that we will see that soon.
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"There should not be any signed int. If you've found a signed int
somewhere, please tell me (within the next 25 years please) and I'll
change it to unsigned int." -- Satoshi
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Febriana98
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November 10, 2018, 10:03:05 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 don't think their prices will be more expensive than Bitcoin price. I think so because the number of coins they spend must amount billions of coins.. but if it's only coined between countries, then I can be sure that the British cryptocurrency will return the highest value of all cryptocurrencies issued by all countries in the world
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loragean03
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November 10, 2018, 11:39:00 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?
This will be very interesting to see. I wish it can happen let me see how the world powers will also rival each other in crypto. Actually this is something I imagine would happen if the government supported cryptocurrency or want to make cashless currency. But of course it will be regulated or even centralized. I think this will be possible in the future, governments will make their own crypto currency and implement it for the people to use it as their country's main currency which is not good for the crypto currency we have now, or maybe Bitcoin will be an alternative currency for all, if the governments make their own currency.
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ELOCIN
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W12 – Blockchain protocol
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November 10, 2018, 11:59:39 PM |
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Could it be possible? I don't think each country will make its own cryptos. How about those countries who are banning cryptos once and for good? But if that's really going to happen, then i think those countries whose cryptos have very good concept and use case will prevail.
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AlehandroTheGreat
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November 11, 2018, 02:35:14 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?
It will be the future but not in our century .... paper cash rules now over the world, we need a lot of time
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Tetutu
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November 11, 2018, 05:52:10 AM |
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I think that, if countries have their own cryptocurrencies, their cryptocurrencies will probably have inflationary model, so they will lose their value at the end. But i do not think that we will see that soon.
For the future, maybe every country will have its own cryptocurrency, because technological advances will cut some inefficient activities such as the use of human resources for accounting records in banks, because that position will be replaced by blockchain technology that is faster, more efficient and safer. Cryptocurrency in each country will make transactions more efficient, but the use of fiat money still exists because the intellectual level of society is not uniform, there are even those who are illiterate.
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Usafstar
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November 11, 2018, 06:04:34 AM |
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The idea is good but to check the perfect implementation it will takes time and now crypto is the world biggest market for investment like in the past when you have Dollar you can trade in the world the same is now for crypto and people use this for International trade the best feature off crypto in my mind is the virtual nature and usable in every part of the world, If every country start it's own crypto currency then just like now the fiat have different values the same will be with this trend.
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Lexurdania
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November 11, 2018, 09:43:55 AM |
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I think why government have their own cryptocurrency if they already paper money and digital money that they already control. I think government will keep using their fiat currency because its centralized and its different with bitcoin because bitcoin is decentralized cryptocurrency
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Buttermellow
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November 11, 2018, 09:47:03 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?
Well the value of crypto will be measured through its supply. The higher the supply the cheaper the crypto will be. There are considerations also on assessing the value of a crypto and that is the marketcap volume of it. The higher the demand for that crypto then the higher market price or expensive it will be.
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kidsrock
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November 11, 2018, 09:47:30 AM |
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I think it's good to see each country has their cryptocurrency and I think they will compete with the other country to get a better position. But it is difficult because it will need approval from the government and before it's happening, they need to study about the crypto itself. I am sure that every government wants to make their crypto currency because the benefits and the profit will bigger.
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V1saya
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November 11, 2018, 09:54:44 AM |
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This is very possible in the future. People needs to understand that if these things happen then governments own their respective crypto currencies and not individual, groups or companies that are behind the coins at the moment.
The country with the best economy obviously will be the most valued of them all. Perhaps the US dollar or who knows in the future other currencies beat it.
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dr_chen
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November 11, 2018, 04:06:29 PM |
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Like fiat currencies, every country will have their own crypto and price of an individual crypto will be depend on the performance of country which enforce it. At the end of the day, it means that use of fiat currencies is reduced and crypto currencies are evolved to fiat currencies. By this way, countries will have cryptocurrencies which are not decentralized.
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kominfo.id
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November 11, 2018, 05:09:16 PM |
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when each country has its own cryptocurrency currency, it will make the price conditions at the exchange place have an uncertain movement or the price will be easily manipulated and will create chaos throughout the country.
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cryptodv
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November 11, 2018, 06:04:45 PM |
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Isn't Venezuela trying to implement that, or haven't they already? Won't work in a country run by a pompous dictator. Need a free democracy for it to work IMO.
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candra raditya
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November 11, 2018, 06:17:04 PM |
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Yes, if in the future crypto has become popular and accepted by many countries, the government will make their own cryptocurrency like fiat currency that each country has its own currency as a symbol of the country.
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wxa7115
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November 11, 2018, 06:21:32 PM |
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Of course, states will create their own centralized cryptocurrencies and, most likely, they will be a virtual reflection of their national money and will cost as much as the national money of these states. This sooner or later vseravno happen. As soon as the majority of states legalize cryptocurrency, this path will be inevitable.
It doesn't really make a difference if they do it, I know it is almost a guarantee that they will but what it is going to be different from what they already doing with their fiat? Nothing, nothing will be different and as such all the problems that fiat carries will still exist on these new cryptocurrencies created by governments, so if eventually the economy crashes as many are expecting then those cryptocurrencies are going to crash as well and are going to leave the path open for cryptocurrencies to become stronger. And when that happens we're going to see many people deciding to stop believing their governments in the topic of currencies in general and they will begin to use independent cryptocurrencies that no one can control and print at will.
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nutriagrigia
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Oikos.cash | Decentralized Finance on Tron
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November 11, 2018, 06:28:30 PM |
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I think it's good to see each country has their cryptocurrency and I think they will compete with the other country to get a better position. But it is difficult because it will need approval from the government and before it's happening, they need to study about the crypto itself. I am sure that every government wants to make their crypto currency because the benefits and the profit will bigger.
It seems to me not so simple. the government will not support a currency which does not belong to them and which they cannot control. in the current system, a cryptocurrency is unlikely to be approved by the government.
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Chachacoin17
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November 11, 2018, 07:16:20 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?
The value of each coin will always depend on the crypto market like their own paper money in which the strength of their currency will depend upon the Foreign exchange markets. If one of this nation will just insist that their currency is much expensive than the others without marketing then that certain crypto currency will not be recognize by the other countries making it for internal use only within their country. You are right, the value would always depends on each price and each price has its own range of getting the ideas into bigger and better one. Well we need to gather information what type of cryptocurrency that would stand for long because it uses the value of long too.
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Smitt
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November 11, 2018, 08:17:34 PM |
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Maybe Chinacoin will have an expensive price, in my opinion China's economic growth is very great in terms of any aspect and of course, the economy is very important for the price of money. At present China is a superpower economy in the world, various types of products exist in parts of the world that make China so strong even though China is still new to the crypto world but if China starts to issue digital money then Chinacoin prices will be high.
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Sirait
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1xBit 🏆 │ NotYourKeys.org
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November 11, 2018, 08:56:53 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 chose China coins, because my consideration was their large population and the high level of their transactions there... from the news that I heard now that the Chinese population is 1.6 billion and this number is equivalent to the total population of the entire European continent. so, I think the one that will have the most expensive price is a Chinese coin.
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