Each country has its own crypto currency!

[pungopete468]

It is possible that later there will be an assessment of the existence of crypto currencies themselves, but for now in my opinion it is still not suitable because every country also has a lot of opinions about whether cryptocurrency is prohibited or not

[jademaxsuy]

It is possible that later there will be an assessment of the existence of crypto currencies themselves, but for now in my opinion it is still not suitable because every country also has a lot of opinions about whether cryptocurrency is prohibited or not

I think it may take sometime before assessment will going to happen. It must be adaptation first prior to assessment. Each country will have to adapt first the decentralized ways of cryptocurrency and made some use of it before any assessment will be given to each crypto. Of course the assessment will be intervene globally as like to what happen to fiat money.

[JohnBitCo]

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.

Each coin for each country will be a terrible idea. Even if it happens, then what will be the price determination factor for each coin ?  Would this mean that the coin which has a bigger volume and price, it is a sign of developed country ? Will any nation can buy any country coin ?

There are a lot of unanswered question if we were to implement any such sort of country based coins.

[pishite]

And why bother to invent something, nationalizing cryptocurrency. Russia: Waves, China: Neo, Canada: Ethereum... Ready-made solutions have long been there.

[usorin]

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 question is if this crypto coins will be related with their fiat coin. Judgeinging on the popyuarity i would go with usacoin (usdt).

[Ranly123]

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's not relevant to make their own cryptocurrency since they already have their own currency. I don't think that these country will promote crypto even if they accept the usage of it in their nation.

[cydrix]

Look at their history you will know if they have more activities than your normal coin. But if they have good running campaigns and an active team responsible enough to manage it I think if will be the most profitable there is but sadly not all ICO is legit and not all will be good so finding great coins in the market right is purely on luck for some but also skills for some.

[waynechong1995]

There's would be too significant differences as how currency works now, if they are pegged towards their own local currency, on the national level currencies are high in liquidity through trades so there's shouldn't any extra purpose introducing such unless the country is highly specialized in particular exports such as oil. It need la to be backed up somehow, not just by government

[Falgorn]

I fully admit that states will enter their centralized national cryptocurrency as one of the types of cashless payments. Cryptocurrency has many advantages over conventional currency, but it also has its drawbacks. To complement each other's capabilities, the release of a national cryptocurrency is quite possible. In many ways, the fate of such cryptocurrencies will depend on how the decentralized cryptocurrency will continue to develop, how much people will be interested in it.

[Mahanton]

I fully admit that states will enter their centralized national cryptocurrency as one of the types of cashless payments. Cryptocurrency has many advantages over conventional currency, but it also has its drawbacks. To complement each other's capabilities, the release of a national cryptocurrency is quite possible. In many ways, the fate of such cryptocurrencies will depend on how the decentralized cryptocurrency will continue to develop, how much people will be interested in it.

Drawbacks of crypto would really be the main reason why isnt still fully adopted yet most people would still prefer their traditional fiat note on where

if it would decide to go fully cashless then its really possible for a certain country to do such thing. Crypto would just remain as an alternative and come to think
that it would replace fiat wont happen even on my own dreams.

[Adriano2010]

If all countries will create own crypto currency then maybe the crypto coin issued by any country will have more stable price then the crypto, but in that way maybe countries will be more secured because crypto can't be counterfeit.

[Natalim]

If all countries will create own crypto currency then maybe the crypto coin issued by any country will have more stable price then the crypto, but in that way maybe countries will be more secured because crypto can't be counterfeit.

It would be nice if we have one coin that will be used, bitcoin can be a global currency and therefore it's not necessary to make another one.
There is unity when there is only one coin, besides this coin will not be obsolete as we know the demand will increase and so as the value.

[Pattart]

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.

it doesn't matter, whatever the name doesn't matter, if this really happens, what will happen to fiat or local currency? throw it away? of course impossible. if you look at the current state of the world, how payments are made now, online wallets are far more popular to develop right now!

[Janation]

It is possible that later there will be an assessment of the existence of crypto currencies themselves, but for now in my opinion it is still not suitable because every country also has a lot of opinions about whether cryptocurrency is prohibited or not

I don't think we should be thinking about this.

We all know that the government wants to control all in their country. From transactions to anything that comes in and comes out of the country. If they will be making a cryptocurrency for their country, I don't think people will be using if they are fond of Bitcoin's anonymity and decentralization. They might create their own but I don't think it will be the same as other cryptocurrencies we all know.

[Pamadar]

It is possible that later there will be an assessment of the existence of crypto currencies themselves, but for now in my opinion it is still not suitable because every country also has a lot of opinions about whether cryptocurrency is prohibited or not

I don't think we should be thinking about this.

We all know that the government wants to control all in their country. From transactions to anything that comes in and comes out of the country. If they will be making a cryptocurrency for their country, I don't think people will be using if they are fond of Bitcoin's anonymity and decentralization. They might create their own but I don't think it will be the same as other cryptocurrencies we all know.

Creating their own coins that completely controllable of their rules, the essence of being anonymous will be moved away from such plan crypto, it's nice to see that the government would be considered having their own versions of crypto currency but the fact that it will be centralized it would be a question for those true believers of this industry.

[D3m1r4wanti]

if all countries have their own crypto currencies, then it will not become a national currency.
and because there are already many crypto currencies created, I'm not sure if the crypto currencies of that country will be expensive.

[Umkar]

Recently, Christine Lagarde gave a clear message to central banks that the economy needed to be digital. For this, it is necessary that central banks create their digital currencies. But I’m worried that when central banks create their digital currencies, then Bitcoin and other cryptocurrencies can be banned, only centralized government coins will be used, and only them can be legally traded on exchanges. But this is only a possible development of the situation.

[tonyja2017]

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 quite interesting. But they will not release now because blockchain technology is still not good enough to be used by governments of countries. it's only appropriate in the decentralized market and it's only for a small group. I think the stock market is still better for this.

[loopes]

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?

Cryptocurrency is inappropriate for this because countries need to print money to control their economy, although some of them print it regardless the amount of gold that they have. I think cryptocurrency only appropriate as an alternative currency for online transaction. If countries issue their own cryptocurrency then cryptocurrency that will initially be expensive and will show growth is USAcoin because USA is the strongest country.

[sgenuine]

if all countries have their own crypto currencies, then it will not become a national currency.
and because there are already many crypto currencies created, I'm not sure if the crypto currencies of that country will be expensive.

Yes, these cryptocurrencies will not cost a lot. For instance, I have read somewhere that Russians are going to create their crypto Ruble, which will have the same value that their national currency.