What if every country has its own crypto currency

[yescrypto]

To my own point of view it might be nice at first but as time goes on it will become worst than we expect, there will be more control over any coin on what to do with it as we all know that some countries still control all activities going on in the country, and the only benefit will be easy exchange of found across all countries which I think it already happening in some area.

[kevingreen]

Wouldnt it be nice if each country in the world issues its own crypto currency just like they issue sovereign bonds and they raise funds from there to fund projects in their economies. I know Venezuela tried to do something like that, but the project was already being killed by the governments opponents before it took off.  Now lets assume that didnt happen could it be a good way to create some form of sanity and confidence in the crypto world.

I think the idea of every country having its own cryptocurrency will run contrarily to the idea decentralization of cryptocurrency. Because no government will own what they will not control and if they should control it then it is no longer decentralized any more.

[Timaif]

The cryptocurrency will not be independent. Cryptocurrency the government of these countries but not people will manage.

[Kat_messy]

If every country will issue their own cryptocurrency we will have at least a strong market with strong coins. Private coins possibly will disappear and crypto trading becomes regulated by governments and will be close to Forex market by an the idea.

[karloscimot]

definitely very interesting and fun bro. With crypto eyes alone. surely every country will join and accept the digital world of bitcoin legally. so we can make transactions easily. and don't need to leave the house ..

[ci1990]

This would be very interesting actually. And who knows, it may be the future. Think about 100 years later. Do you think we will still use fiat and cash ? I don't think so. Money will be totally digital. Therefore this future seems possible.

[Chachacoin17]

Wouldnt it be nice if each country in the world issues its own crypto currency just like they issue sovereign bonds and they raise funds from there to fund projects in their economies. I know Venezuela tried to do something like that, but the project was already being killed by the governments opponents before it took off.  Now lets assume that didnt happen could it be a good way to create some form of sanity and confidence in the crypto world.

This will be very hard and it will take many steps for this to be accomplished, the government will have a hard time passing this kind of petition and by that for me is impossible and i dont think that a country will have a cryptocurrency.

That would be poasible but slowly and surely it is because it needs an a loted time to comply what is in needs and aside from that it will always take time to get what they aim for. The government would take weaknesses but they look for strengt of it.

[Semosuchi Tesongrato]

Always the same discussion: a cryptocurrency that has national borders and is under the control of the government, simply is no longer a crypto but a normal electronic fiat money.
Unfortunately, many do not understand it and when the states will issue their "crypto" they will believe it.

[Collinberg]

This would have been great because everybody would be into Cryptocurrencies when that happens, mass adoption, influx of new people and money, Crypto would boom like never before.

[GhostWithin]

Wouldnt it be nice if each country in the world issues its own crypto currency just like they issue sovereign bonds and they raise funds from there to fund projects in their economies. I know Venezuela tried to do something like that, but the project was already being killed by the governments opponents before it took off.  Now lets assume that didnt happen could it be a good way to create some form of sanity and confidence in the crypto world.

I think the idea of every country having its own cryptocurrency will run contrarily to the idea decentralization of cryptocurrency. Because no government will own what they will not control and if they should control it then it is no longer decentralized any more.

straight to the point. In fact, state cryptocurrencies will not differ from electronic money that is already in use. In the near future, no state with a strong economy (this is important) will create its own cryptocurrency. it makes no sense

[Mrsparks]

This is a great topic for debate.. I for one think that the running of cryptocurrency via all countries of the world is a bad idea.. I believe it will to a large extent encourage centralization which is a far cry from the values great nakatomo satoshi proposed...

[slightmoon]

It's really good if that happen in the future. If ever happen then we early adopted will be in the big profit. But all we know Governments don't go like that way. Chance of like this in the near future really low. 

[pinoyden]

Most countries nowadays do already have their own representing cryptos but its still the same , there is no difference on the value at all and the market is still volatile .

So overall there is no real benefit on a country that has its own crypto .

Fiats will still be prioritize as it is more easier to use even if a country do already have its own crypto .

But all we know Governments don't go like that way. Chance of like this in the near future really low. 

Im pretty sure that the remaining countries will also do agree about using a crypro or rather creating their own crypto  because they dont want to get left behind by the latest technology  knowing that cryptos is slowly becoming popular right now .

[Samkol26]

If a country can do that and have a success in it it will be a good thing for the crypto world at large..  This will proof many people  that are crypto wrong

[Open4lies]

I think it's nothing different like at the moment like every country has their own currency . It'll be much better if all countries in this world use the same cryptocurrency then everyone can trade easily without having exchange to another cryptocurrency or credit card. For me, buying something from Amazon is very difficult cause I don't have visa/debit card so it'll be very great if amazon will be the first place accept cryptocurrency for payment. LOL.

[AnnaGeraMsk]

the market is still being created and the rulers are thinking how to make a controlled, but not transparent coin, since no one wants to sit on a leash by himself

[TastyChillySauce00]

If each country has its own cryptocurrency, the government will control it accordingly. Then the basic principle of cryptocurrency - decentralization will disappear. Cryptocurrency was created so that people would have the opportunity of private life, to dispose of their funds as they like.

The coin will be pretty much the same as stablecoin, it's a cryptocurrency but not exactly a real cryptocurrency at that considering that there's a company backing it up which also means there's one entity have full control over the coin.

[temilade200]

Wouldnt it be nice if each country in the world issues its own crypto currency just like they issue sovereign bonds and they raise funds from there to fund projects in5 their economies. I know Venezuela tried to do something like that, but the project was already being killed by the governments opponents before it took off.  Now lets assume that didnt happen could it be a good way to create some form of sanity and confidence in the crypto world.

It is possible, but sometimes it is not necessary. Then if such should eventually happen, part of what we need to know is how genuine the motive behind it is.  As a matter of fact, it will make the crypto space more interesting.

[que91]

Wouldnt it be nice if each country in the world issues its own crypto currency just like they issue sovereign bonds and they raise funds from there to fund projects in their economies. I know Venezuela tried to do something like that, but the project was already being killed by the governments opponents before it took off.  Now lets assume that didnt happen could it be a good way to create some form of sanity and confidence in the crypto world.

Convincing to accept cryptocurrency is indeed a hard thing at the present time. We all know the potential of cryptos, but every government is concerned that it will be a barrier to national development. Therefore, we can only continue to hope and wait.

[chabapok]

I think it will be real in near future because we can hear too many countries want to create their own national cryptocurrencies and that will be amazing. I really want to see that kind of market.  If all of these countries will have their national currency also too many people will start to buy ethereum and bitcoin. It will increase awareness of crypto hugely.