Switzerland is launching its national crypto-currency( E-franc)

[medussa]

This is a good reflection on crypto in general although if implemented, it will still be a government thing, centralized and really nothing more than e-fiat.

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[rez303]

This is undoubtedly good news, which shows that the government of the countries is moving towards the adoption of the crypto currency. But honestly, I doubt that national crypto currencies will be in demand among people. National currency should be Bitcoin.

I agree with your opinion. I think the national currency should be Bitcoin. Because Bitcoin is widely used around the world. All countries will use bitcoin and we will never have trouble traveling in countries around the world.

[medussa]

This is a very good step to make and hopefully the government will take its step also to boost the cryptocurrency in their country without getting abused to its use from the people.This would cause price increase, which would definitely bring attention from investors from all over the world. And here we have another bubble and I believe it would be a lot bigger then bitcoins bubble.

It may not affect the price of 'real cryptos' in general since they are not likely to be traded on exchanges.More like the Petro dollar for Venezuele

[dmcx]

As far as I know, Switzerland is a cryptocurrency country. The government and people in Switzerland are always interested in and support Bitcoin. There are many Bitcoin ATMs built in this country. I feel that Switzerland can make the world think differently about bitcoin

[idontcare]

Many ico is originated in Switzerland, which can be said to be the capital of block chain at present. Of course, there are also many high-quality ico in the middle.

I do not appreciate the ICO projects in Switzerland. There are many ICO projects created by the development team who live in Switzerland and them inexperienced. I have been trying to find out about some Swedish ICO projects. But all is not potential

[daarul50]

Switzerland hopes to become a true reference in the crypto-currencies sector and wants to become an indispensable hub for investors. It is for this reason that the authorities are currently working on implementing a regulation favourable to virtual currencies.

Switzerland is in favour of crypto-currencies and it intends to make it known to anyone who wants to hear it. In order to become a leader in the field, the country focuses on the future of digital currencies.
 So much so that the federal government has just commissioned a study on the issues and relevance of the e-franc implementation.

This would be a state crypto-currency, of course supported by BlockChain technology.

This is just a plan, not yet realized. However, this news can be a trigger for other countries to be able to follow so that more countries are supporting bitcoin and blockchain technology so other countries are aware of the greatness of this technology in effective, efficient and safe data management.

[Kakmakr]

Switzerland hopes to become a true reference in the crypto-currencies sector and wants to become an indispensable hub for investors. It is for this reason that the authorities are currently working on implementing a regulation favourable to virtual currencies.

Switzerland is in favour of crypto-currencies and it intends to make it known to anyone who wants to hear it. In order to become a leader in the field, the country focuses on the future of digital currencies.
 So much so that the federal government has just commissioned a study on the issues and relevance of the e-franc implementation.

This would be a state crypto-currency, of course supported by BlockChain technology.

This is just a plan, not yet realized. However, this news can be a trigger for other countries to be able to follow so that more countries are supporting bitcoin and blockchain technology so other countries are aware of the greatness of this technology in effective, efficient and safe data management.

Whoopy, and before you know it you will have a eDollar and a ePound and a eZim and governments all around the world will have their own GovCoin to manipulate at will.   The Bitcoin price will take a massive hit, because everyone will be using these GovCoins and nobody would be supporting Bitcoin.  )(

I say it again, this is a bigger threat to Bitcoin than all these other Alt coins combined, because it is backed by these governments.  

[Onecrypto18]

This is a very great news. Switzerland is a very strategic country when it comes to world international organizations and politics. It is the headquarters of so many international organization. If Switzerland accepts cryptocurrency to the point of having its own, there is a possibility that the leaders of those organisations and other countries will accept crypto too.

[A Feeder]

Its a good news and I'm happy for them. I hope they use their new national crypto-currency in good way to avoid crime. I hope that someday in the future bitcoin will launching all over the world to every countries.

[jwplayer0]

This is good news for cryptoworld. If Switzerland make their own cryptocurrency this step will rise the cryptocurrencies

[nikola22]

This is good news for cryptoworld. If Switzerland make their own cryptocurrency this step will rise the cryptocurrencies

I doubt that Switzerland will issue its own cryptocurrency because the traditional banking there is pretty strong and they won't allow to do this.

[menammeo]

Switzerland has been recognized as a nationally friendly blockchain and electronic money, especially by the "Crypto Valley", a center of fintech, blockchain and digital currency operations located in the state of Zug. According to a study by blockchain BlockShow Europe 2018, the country was ranked first in the list of leading European countries for starting Blockchain. Last month, the Swiss Federal Council requested a newspaper. on the risks and opportunities of introducing a government-backed digital currency. The idea for national e-money development was proposed in February by Romeo Lacher, chairman of the Swiss stock exchange SIX. He said, "An e-franc under the control of the central bank will create a lot of value - so it will be good for the economy."

[khaled0111]

If Swizerland intend to adopt cryptocurrencies there should be an official statement reported to Media, but I don't find any link to this statement in your thread.
Please give us the link where you found this infirmation.

[coinwizard_]

Switzerland has always been the hub of major neutral financial activity. If they don't do something now like create a national crypto currency bank then somewhere else like Malta will take over in future

[KingScorpio]

Switzerland hopes to become a true reference in the crypto-currencies sector and wants to become an indispensable hub for investors. It is for this reason that the authorities are currently working on implementing a regulation favourable to virtual currencies.

Switzerland is in favour of crypto-currencies and it intends to make it known to anyone who wants to hear it. In order to become a leader in the field, the country focuses on the future of digital currencies.
 So much so that the federal government has just commissioned a study on the issues and relevance of the e-franc implementation.

This would be a state crypto-currency, of course supported by BlockChain technology.

who cares seriously if communist "officials" launch communist currencies, doesnt matter what tech they use.

[ramesh770]

This type of crypto currency are centralized and they are same like using fiat currency so i think investing in them is not much profitable. If they really believe in cryptocurrency then they should promote bitcoin and its technology and legalize the usage of cryptocurrency will will really boost the bitcoin price and its movement.

So i think who ever is going to invest in E-franc , they are going to expose them self to it and have to show all records of trading and investment.

[kamBlanV]

switzerland is a country that pay attention and cares about crypto development. I think crypto development in a Switzerland country is very fast. a lot of mining. many ICOs coming from Switzerland. even now they are creating crypto backed up by Swiss currency. Rocks is a stable crypto currency backed by E franch.

[Dondont]

This is undoubtedly good news, which shows that the government of the countries is moving towards the adoption of the crypto currency. But honestly, I doubt that national crypto currencies will be in demand among people. National currency should be Bitcoin.

I agree with your opinion. I think the national currency should be Bitcoin. Because Bitcoin is widely used around the world. All countries will use bitcoin and we will never have trouble traveling in countries around the world.

Bitcoin should not be a national currency of a particular country, this is international property so for me this is not a problem, if only Switzerland wanted to make e-currency itself and have a more stable nature, why not?
because we know the volatile nature of bitcoin is quite dangerous if it concerns the country's economy

[kvipcn]

This is a great news to the crypto space, but it will be very helpful if you provide a source to this information to some of us here to go check it up and enlighten ourselves.  But i don't think this cryptocurrency will be decentralized since the government of Switzerland is in charge of the creation of this coin. Adapting Blockchain technology does not necessarily mean your platform  is decentralized once you have a central authority controlling the affairs of the platform. Its a nice idea to create a national cryptocurrency, but I think this is just physical fiat changed into digital currency..

[kotajikikox]

Switzerland hopes to become a true reference in the crypto-currencies sector and wants to become an indispensable hub for investors. It is for this reason that the authorities are currently working on implementing a regulation favourable to virtual currencies.

Switzerland is in favour of crypto-currencies and it intends to make it known to anyone who wants to hear it. In order to become a leader in the field, the country focuses on the future of digital currencies.
 So much so that the federal government has just commissioned a study on the issues and relevance of the e-franc implementation.

This would be a state crypto-currency, of course supported by BlockChain technology.

Very happy to heard and this a good feedback for the whole cryptocurrency community, i am not agree for the implementation of rules and regulations for cryptocurrency but if this the ways to avoid control the whales maniiptlation better to implement standard rules control cryptocurrency by one government worldwide.