What if every country has its own crypto currency

[kotajikikox]

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.
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I agree mate this are harder but not possible to implement that propasal if ever people suppot and study how to implement each country become have own cryptocurrency.

[Glomerulus22]

It would be a real mess when they would like to exchange them or it could complicated travelling. Better to have decentralized leader of all crypto which is.....BTC - he is still the king!

[emezh10]

In my opinion, this day will soon come. I think this is a very good news. Then prove that Bitcoin in the cryptocurrency will become more valuable. It will be more expensive.

 
      It is a great news speculation to have such crypto own currency by the government in the future, But, i just wonder when  and how it will be accepted by the government and the global community? Crypto still facing a lot more pressing concern specially the issue on Regulation on the crypto market, once such issue are resolved i am still optimistic that the better future for crypto digital transaction will be on general use once all isssues are resolved.

[Dasha88fed]

The global trend of accepting and using cryptocurrencies will contribute to the emergence of state cryptocurrencies, it is inevitable if the rate of development of cryptocurrencies continues to grow. I believe that the creation of state cryptocurrencies will contribute to the development and growth of the crypto industry as a whole.

[Umkar]

Many countries are already considering the possibility of creating a state cryptocurrency. For example, Israel plans to launch a crypto shekel, Russia launch a crypto ruble, England crypto pound backed by gold, but so far these are only projects, although the prospect for the development of this idea is present in the long term.

[hellyah070]

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.

If each country will have its own cryptocurrency that is regulating, there not much difference in their current fiat that is used widely by the entire country. The government I think will still have the control to the money regulating.

[niteroy]

Soon, countries will start creating their own cryptocurrency, but this does not mean that they will not use, for example, Bitcoin, Ethereum, Zcash or other cryptocurrency, for example, in order to exchange their currency for the cryptocurrency of other countries. Perhaps Bitcoin will be used in parallel with the state cryptocurrencies and will become an international currency, this option should not be ruled out, since it is quite likely.

[BitcArchi8]

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 it would be a big step forward in the world of cryptocurrency. And people would trust this more, since it would be the same as our usual money.

[abake]

I read through your post with a smile on my face. Actually, if countries own cryptocurrency , especially when they are stable coins, it will be cool. But that won't happen so soon, it will take a very long time if it will ever happen. From onset, when I saw the Petro coin by Venezuela, I knew the big shots will kick against it, and it happened. Venezuela for instance had great plans with their Petro , payment for International passport would have been done using Petro, which is amazing. Well, all hope is not lost, let's see how the governments react to crypto in future since they are already using blockchain technology for some research.

[trash321]

In this case, I just don’t understand why we need an international global cryptocurrency at all, which will not be regulated by anyone, now many rich people are already beginning to actively buy cryptocurrencies, this is a big problem.

[syarifbitcoinishack]

I think this will never be realized because every country already has its own currency. On the other hand, cryptocurrency is decentralized, which means that anyone can't control it, even though they can make Fiat of Cryptocurrency version but i am sure this will always meet with pros and cons. Although it can't be used as a major currency but I hope cryptocurrency still can be used as investment or alternative payment

[Gershonxer]

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...

Well said Sir.
Wondering who will run nodes of a national cryptocurrency? Big centralization

[Cordwel]

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 don't think so, maybe better if every continent has cryptocurrency, so it can make the crypto strongger and make the trade transaction easier.

[manbota]

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 believe that this will be a really useful and promising step for the countries themselves and directly for the crypto market. But you have to admit - for this result there is still a long way to go. While many countries do not even consider the possibility of legalization and use of cryptocurrencies.

[Psec]

This is will be lovely if all countries can have their own form of digital currencies. I think it will be a good idea and it will add more beauty to the global economy but I don't think it can come to reality at any time soon.

[ay.postnov]

I think it will be a big mess. Because crytpo is perfect in it international way. That people from every counrty can use it without any restricts

[regexlove]

Even if each country has its own coin, nothing will change because everyone has used the card and will use it in cash, the introduction of coins into everyday life will not be soon 

[nikola22]

This is will be lovely if all countries can have their own form of digital currencies. I think it will be a good idea and it will add more beauty to the global economy but I don't think it can come to reality at any time soon.

and what is the purpose of issuing digital currencies by every country? these currencies will be highly centralized so they won't differ from fiat money.

[adekogbe]

I do not think this aligns with the decentralization that the blockchain movement was based on because, this still mean a country, its geographical location, her people will play the major role on the success of the coins rather than its true value that it proves.

[KuyaBreezy]

I think that the initial idea of the cryptos is to separate us a little from the government, with a new decentralized system more efficient, if we all go back to some coin created by the government, it doesn't make much sense to start using it, for that we continue with the traditional financial system, we are going to take power away from the government by entering into a coin of themselves ... I don't think so.