Each country has its own crypto currency!

[ancafe]

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.

but, when each country has their own cryptocurrency, don't they make an alternative to their own fiat? in my opinion it would be better if their fiat system is integrated with blockchain compared to making new crypto.

[Xampeuu]

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.

but, when each country has their own cryptocurrency, don't they make an alternative to their own fiat? in my opinion it would be better if their fiat system is integrated with blockchain compared to making new crypto.

right, crypto from that country can be a complement to transactions other than fiat, so that it will advance the development of cryptocurrency around the world, and the state which has legalized crypto from the start, will certainly prosper the people

[eann014]

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 not be a workable in all time it will definitely affect the development of paper currency in any country so no one will accept it while cryptocurrency development than their country currency had it not been possible also.

I don't think it would be affecting our current currencies every country, as I see that our currency or fiat will not go to disappear in the future and for sure crypto will be only our option of paying our bills or buying stuff or anything needs to pay especially online.

[Naida_BR]

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.

but, when each country has their own cryptocurrency, don't they make an alternative to their own fiat? in my opinion it would be better if their fiat system is integrated with blockchain compared to making new crypto.

You are partially right.
But it can also be considered as a supplement of their own fiat currency. There are still many people who prefer cashless transactions and there are others that prefer cash.
The usage is different but the point of the usage is not different, if you see my point.

[RodeoX]

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?

Why Bitcoin of course. Why would I want a local coin when I could have universal money? That is the B.S we have now. Constantly changing money for the location I happen to be in. Then losing money on each sell and buy. When I travel abroad I use bitcoin now. That is not going to change. 

[Chikitita2004]

If every country will issue their own cryptocurrency then what will be the use of their physical currency? That will be to replace it I think because if they want to be a paperless currency country then they will have to switch to crypto-currency or digital one. What determines the value by the way of every country's currency? that factor will also be the factor for the value of their cryptocurrency.

[Bitum]

Where does it make sense, then, if every state has its coins? I think that does not happen, only if whole macroeconomy is digitized globally, sons it has no sense, where is different from normal fiat currency

[TheCoinGrabber]

Well that would just be the central banks demonetizing their fiats and going digital so I expect the price in relation to each other to be the same before the change. I mean, do you expect Zimbabwe's digital money to have a large value than what would be expected of their economy? (OK that's a joke, they don't even use their currency anymore).

[Idrisu]

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 decentralized and each country creating there on coins may  reset our economic system and create another competition among the world power of who control who.  I think we are going to have that, one day and it might not be now but in 20 to 30 years to come.

[Sum24]

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.

Blockchain is really important for every crypto currency but yes I have never seen any country who can make better invention like blockchain, I know it is modern age where crypto currency is being accepted by governments, we know with time we will have to accept it, but it takes so long time to make own crypto currency I think it will good if all courtiers give value to the present crypto currency,

[Snaic]

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).

Many governments will indeed release their own centralized national cryptocurrency and we can do nothing about it. However, I do not think that this could damage the decentralized cryptocurrency. On the contrary, the appearance of such coins should increase interest in the entire cryptocurrency. A national cryptocurrency can be linked either to a specific product or to its national currencies. It is even possible that such a cryptocurrency will be released simply under the guarantees of the country's central bank.

[Thanasis]

It doesn't make any difference from the current system other than its physical appearance so there will be no use if countries were doing it.And some countries created their own centralized crypto but it doesn't get much popular which shows that people are against centralization which made the decentralized bitcoin to grow faster.

[green547]

I don't think this will ever work, people will not stand by as governments start to have too much control over everyone.  People flock to bitcoin because it is decentralized and fair.

[Janation]

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.

What do you mean by that?

If all the countries have their own cryptocurrencies, then that means they have their own national cryptocurrency, easy as that. Doesn't mean that there are a lot of cryptos circulating, they will be having no national crypto, in terms of what you said, they have since you said thay they have their own. Also, it might happen that every country has their crypto but don't expect that it will be the same as Bitcoin. It will be following the system of fiat and I guess mobile wallets and cards will be first before cryptos.

[Karmakid]

It is a good news and a bad news at the same time to know that each country has their own cryptocurrency. For good news, it is a good news because we can really say that cryptocurrency are now very well known for every country while the bad news or bad side for this is it will just become another type of altcoin that is going to be worthless after a few months or years because it is really unnecessary for each country to make their own cryptocurrency because there is already useful cryptocurrencies like bitcoin out there.

[markus124]

Hope a crypto currency type of money get created in Argentina. Is so need it here, we have a 50% inflation and people save their money in dollars. With a blockchain powered currency theres going to be more confidence that the goverment wont have power to destroy the currency. As long the new crypto doesnt look like the "venezuelan petro"  I"ll buy it.

[alyssa85]

Just to update on this topic, it looks like Sweden's central bank is considering issuing it's own cryptocurrency:

https://www.bloomberg.com/news/articles/2019-04-29/swedish-central-bank-wants-answer-to-what-s-legal-tender-fast

Cash use has decreased rapidly in Sweden and a scenario within the not-too-distant future, in which cash is not generally accepted, can’t be ruled out.”

Sweden is becoming a guinea pig in what constitutes legal cash in a digital world as the Nordic country’s citizens flock to credit and debit cards and other digital payment services. Many bank branches have now stopped offering money withdrawals as stores and restaurants are phasing out cash. Some people are finding it difficult to cope without access to mobile phones or bank cards. There are also fears around what would happen if the digital payments systems suddenly crashed.

The Riksbank is exploring its own digital currency, while legislators are leaning toward forcing banks to handle cash.

[Irvinn]

If almost every state creates its own centralized cryptocurrency, I think that this will positively affect the whole decentralized cryptocurrency. The national cryptocurrency is likely to have signs of stable coins and will be equated to the price of the usual currency of each state. That is, such a cryptocurrency should not grow much or fall in value. Its price movements will reflect the state of the economy of each state.

[Xalata]

Each country having its own coin is not something crypto enthusiasts wish to see but to see that bitcoin is accepted in every country. that would bring extra value to bitcoin. Anyway if every country is to create their own cryptocurrency then you can be rest assured that China coin would be the most expensive coin.

[Golftech]

Just to update on this topic, it looks like Sweden's central bank is considering issuing it's own cryptocurrency:

https://www.bloomberg.com/news/articles/2019-04-29/swedish-central-bank-wants-answer-to-what-s-legal-tender-fast

Cash use has decreased rapidly in Sweden and a scenario within the not-too-distant future, in which cash is not generally accepted, can’t be ruled out.”

Sweden is becoming a guinea pig in what constitutes legal cash in a digital world as the Nordic country’s citizens flock to credit and debit cards and other digital payment services. Many bank branches have now stopped offering money withdrawals as stores and restaurants are phasing out cash. Some people are finding it difficult to cope without access to mobile phones or bank cards. There are also fears around what would happen if the digital payments systems suddenly crashed.

The Riksbank is exploring its own digital currency, while legislators are leaning toward forcing banks to handle cash.

Another great news to consider, though they've haven't mentioned about crypto but digital currency, we do hope to see that options for crypto will also be considered, as this oldest Central bank will be a big impact if they will begin to use crypto currency for their own benefits.