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Author Topic: Each country has its own crypto currency!  (Read 3622 times)
okala
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March 25, 2019, 02:28:39 PM
 #481

Well I will say this is an impossible dream for countries to now option in to cryptocurrency what will then happened to they faint paper money that is centralized and control by the government as the legal tender for the country. I don't think this will ever happen but if it does them we will see the one that will lead.
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March 25, 2019, 02:38:39 PM
 #482

Well I will say this is an impossible dream for countries to now option in to cryptocurrency what will then happened to they faint paper money that is centralized and control by the government as the legal tender for the country. I don't think this will ever happen but if it does them we will see the one that will lead.

If a country has their own coins, maybe it will happen and believe that because humans will continue to grow and continue to buy new things to make it easier for everyone to do anything. Until you don't need to leave the house to buy food and drinks.
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March 25, 2019, 04:26:18 PM
 #483

Until you don't need to leave the house to buy food and drinks.
No matter what happened, you have to go outside to buy something even the technology becomes way more uptodate until now there is no reason to do that.

~snipped~
Yet still there are some countries that are banning cryptocurrency because of its crimes like terrorism/buying drugs and some shit. That's why they are neglecting to make their own cryptos.

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March 25, 2019, 11:08:16 PM
 #484

petro coin has no value at all.. But if the USA , Russia and China create a crypto money, these coins will gain value..  even now we can evaluate this.. Russia - Ethereum, Waves,    China - EOS - NEO  and USA - Bitcoin, Litecoin , even in this ranking you can see that the coins are valuable.

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Jericka D Ranillo
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March 26, 2019, 12:41:39 AM
 #485

If a country have its own coin, it will be the same as their fiat money. Progressive and reliable, there is no doubt that coin like what you stated above, usacoin and chinacoin. For sure it is not weak crypto coin i find it with various uses since it was provided largest country. A lot of companies will soon to enter in crypto world.

mornabo
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March 26, 2019, 04:56:37 AM
 #486

Off course, thats a particular known coin of a country. Price and volume will growth naturally because people living there have to use that coin no matter what. Coins is also a decentralized which much better than a fiat money. You can hold any money you want and have full access with it unlike banking.
well, keep in mind that cryptocurrency is not a goal like that. sometimes a coin is responsible for 1 product, and it is formed by a team of experts. when each city has 1 crypto that is different, and is used as a transaction tool, I don't think that will happen, and it will certainly violate many regulations.
of course, how would someone go out of town or leave the country if each city had its own crypto? how would they shop? of course this will cause noise? that's not the main goal of cryptocurrency, we don't want crypto in every country, we want legality of cryptocurrency, thats all.
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March 26, 2019, 06:16:57 AM
 #487

Many  countries of the world are starting to issue their own cryptocurrencies because they are seeing the benefits of the technology.Sweden’s central bank is considering to launch a federal crypto-currency known as the ‘e-Krona’,Dubai- Dubai continues working in  blockchain technology and many others countries i think the year 2030 will  each country will have it's own cryptocurrency.

Naida_BR
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March 26, 2019, 08:40:07 AM
 #488

Well I will say this is an impossible dream for countries to now option in to cryptocurrency what will then happened to they faint paper money that is centralized and control by the government as the legal tender for the country. I don't think this will ever happen but if it does them we will see the one that will lead.

If a country has their own coins, maybe it will happen and believe that because humans will continue to grow and continue to buy new things to make it easier for everyone to do anything. Until you don't need to leave the house to buy food and drinks.

But this system where every country has its own currency (digital or not) it is just a centralized system that has no difference from the economic system that we live now at.
You will still need to exchange your coins for another currency if you want to send money in a citizen of another country. Of course time will be eliminated if this happens online but still this system is rotted.
BigBos
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March 26, 2019, 09:06:24 AM
 #489

Many  countries of the world are starting to issue their own cryptocurrencies because they are seeing the benefits of the technology.Sweden’s central bank is considering to launch a federal crypto-currency known as the ‘e-Krona’,Dubai- Dubai continues working in  blockchain technology and many others countries i think the year 2030 will  each country will have it's own cryptocurrency.
Is it true ? I have never seen news about it. if that is true, then the development of cryptocurrency is quite good in developed countries. in addition, this encourages a city to find a specific project to make crypto. however, I think this must really have permission from the government.
onrise
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March 26, 2019, 10:29:17 AM
 #490

Many  countries of the world are starting to issue their own cryptocurrencies because they are seeing the benefits of the technology.Sweden’s central bank is considering to launch a federal crypto-currency known as the ‘e-Krona’,Dubai- Dubai continues working in  blockchain technology and many others countries i think the year 2030 will  each country will have it's own cryptocurrency.
Is it true ? I have never seen news about it. if that is true, then the development of cryptocurrency is quite good in developed countries. in addition, this encourages a city to find a specific project to make crypto. however, I think this must really have permission from the government.

Not sure but I am thinking if every country starts to have their own crypto coins then it would be just like the currency which every country has now same way it will be like crypto currency. Major countries which has larger buy/sell will rule crypto currency just like how dollar rules the world in terms of the fiat currency.

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reality18
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March 26, 2019, 12:44:02 PM
 #491

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 owns cryptocurrency it means governments will own total control over the transactions and other crypt related activities pertaining to the existence of these country coins. These coin will be no better than the fiat because it will be under the influence of the same governments and politician. Cryptocurrency must be kept unique thus decentralized.
kennen1113
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March 26, 2019, 01:59:51 PM
 #492

if all countries make each coin very good for the crypto future
I think that a strong economy will develop quickly
I don't think so, I just feel this will create more trouble and the government will be hard to manage everything because in the present time, each country has its own currency, the management was very tiring, if they created a currency like crypto, the work will be overloaded, the management apparatus will be under pressure. In addition, people are very comfortable and satisfied with their currency, creating a crypto currency of each country is not necessary, it is a waste of time and not useful for everyone

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BartS
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March 26, 2019, 10:15:34 PM
 #493

if all countries make each coin very good for the crypto future
I think that a strong economy will develop quickly
If a country releases its own cryptocurrency then you can be sure that it is going to be centralized and that is not going to have any of the advantages that decentralized cryptocurrencies have, this is very similar to what happened to the coin released by the government of Venezuela and as you may guess that coin failed miserably because no one was going to invest or use a coin that comes from a government that has bankrupted a wealthy country.
adamlillian
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March 27, 2019, 01:52:35 AM
 #494

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 will not talk about the value of the coins of each country. Growth will be there but this is really hard to show its growth. When e-money is issued, fiat money will be lost and forex investors will have to participate in the crypto market. it will cause a lot of change and crypto will no longer be its true nature.
I think governments should not offer the country's currency because that will not make the economy prosper.

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pishite
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March 27, 2019, 04:14:52 AM
 #495

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 all depends on what they tie the coin to. For example, El Petro is tied to oil, Russia will tie it to gas, China to gold and so on. Therefore, the course will depend on what it is tied to.
KennyR
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March 27, 2019, 04:20:58 AM
 #496

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 all depends on what they tie the coin to. For example, El Petro is tied to oil, Russia will tie it to gas, China to gold and so on. Therefore, the course will depend on what it is tied to.
But these are just and outlook, but in depth there isn't anything as a backing. Just the technology backs the network, Petro evolved big and gained good response even from the common people. But, in the mean there were more collapse as it wasn't taken to the common people in the right way. Therefor before getting into cryptocurrency countries needs to know better about the market, innovation and the people's benefits through the same.

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March 27, 2019, 07:40:35 PM
 #497

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 all depends on what they tie the coin to. For example, El Petro is tied to oil, Russia will tie it to gas, China to gold and so on. Therefore, the course will depend on what it is tied to.
My country is tie with recent crypto adoption because it is being populate and making good economical state for many people, I know each country has its own better things which people uses for earning, but having each crypto currency is not possible because creating crypto currency is not that easy, it takes hard work of expert people and also years and years to become popular or famous.
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March 27, 2019, 10:47:14 PM
 #498

It is Dependent  on the impact of the countries economy to the global world, I feel USAcoin will do well followed by countries with industrial revolution with high exporting rate, ChinaCOIN, GERMANcoin  and others are sure to be profitable on this basis, developing countries that depend on importation are sure to be affected.
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March 28, 2019, 02:47:59 AM
 #499

Every country have each own crypto is best and good for the next higher price of bitcoin, but they have make price is higher and never have lower price after listing on exchange market and have bad effect for bitcoin.
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March 28, 2019, 07:31:33 AM
 #500

If other countries make COIN themselves, will it not damage their currency? because on the basis of their currency stronger than COIN.

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