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Author Topic: What if every country has its own crypto currency  (Read 54814 times)
Enzo05
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November 17, 2018, 06:38:37 PM
 #281

If it happened I think its more easy to government to corrupt money after all its digital currency and they can easy manipulate it . On the other hand there would be like difference on the popularity of it compare to cryptocurrencies now .
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November 17, 2018, 11:04:27 PM
 #282

Nowadays - it`s really hard to provide. But in the future, when crypto will be more developed and fiat money will be out-of-date, it will be a great decision to make country economic by it`s own cryptocurrency.
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November 17, 2018, 11:17:07 PM
 #283

If every country has their own crypto, there may be some possibilities:
1. The crypto world will be higher and higher and it will be more trusted and accepted around the world.
2. the cryptos in the market today may be eliminated because more people will concern on their own crypto in their country.
But I hope that it will support the crypto to be higher again.
But then the question is, is that real that every country will have its own crypto?

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November 17, 2018, 11:21:35 PM
 #284

in my opinion, it is very difficult for countries to be able to make cryptocurrency especially for less developed countries with very little information about cryptocurrency. and also for the country, by issuing crypto currencies, they will automatically kill the official currency of the country, and this can damage the country's financial influences as well.
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November 17, 2018, 11:29:29 PM
 #285

I believe this is one of the best option out there that country venture into cryptocurrency in parallel with the current fiat sytem. Imagine if they convert some of the fiat reserve into a countries cryptocurrency and see what will happen. Streamline process and less charges. That could definitely provide a better option to many people.
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November 17, 2018, 11:57:33 PM
 #286

every country has its own currency I thought that main advanrage for crypto is its universial ussage, like I can send money to my chinese guys or friends from Spain. And if every country will have own currency, what`s sence?  Grin

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November 20, 2018, 07:10:04 AM
 #287

Already today, many countries are starting to issue their cryptocurrencies. After all, the possibilities of cryptocurrency allow them to solve various problems for the development of their economy. Including can avoid restrictions, sanctions, control of capital movements. Today it has a positive effect on the popularity and prospects of the crypto market.
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November 20, 2018, 07:12:25 AM
 #288

to tell the truth if every country is going to have its own crypto currency i  think the economy of those i can say of the whole world is going to be destroyed.
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November 20, 2018, 07:15:30 AM
 #289

i think if every country is going to have its own cryptocurrency than everything is going to be chnaged there will be no more money eveyone is going to use digital money and lots of differences.

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November 20, 2018, 07:16:03 AM
 #290

If each country issues its own cryptocurrency, then this is a good thing, indicating that the country has accepted the existence of encryption!

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November 21, 2018, 07:08:29 AM
 #291

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.

Already, some countries have successfully released their cryptocurrencies to solve various problems of their economies. I believe that over the next few years the number of such countries will steadily increase, which will positively affect the prospects for reliable cryptocurrencies, including BTC and Ethereum.
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November 23, 2018, 07:22:39 AM
 #292

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 creates its own cryptocurrency, then the whole meaning of their existence will be lost. They are designed to unite the world and not just to change the payment method
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November 23, 2018, 07:26:17 AM
 #293

Then it would be like Fiat every country have it's own currency,
I think it wouldn't really help the market it would just add some coin in the market we don't really know if it would be a big help for the crypto market.

 
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November 23, 2018, 07:28:05 AM
 #294

This is a good thing, isn't it? If every country in the world issues its own cryptocurrency, this means that the cryptocurrency has been recognized by the world and can be better developed!

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November 23, 2018, 07:42:36 AM
 #295

I believe it will beo just like regular currency. or in another word it will just replacing the regular currency into a digital currency.
And to use them as a payment tools, we need to convert them into the currency where we use that currency.
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November 23, 2018, 07:46:24 PM
 #296

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.
that is fascinating idea, i guess that it could be a great way of evolving, but...as you said, it is highly undesirable for those who rule the countries. such thing will happen though, i am sure

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November 23, 2018, 10:36:47 PM
 #297

I think that cryptocurrencies should unite countries on the contrary, as for example Bitcoin or Ethereum you can use in almost any country. I think that every country does not need its own cryptocurrency.
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November 23, 2018, 10:39:20 PM
 #298

if that happens then bitcoin will be most accepted by the world and crypto will rise.
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November 23, 2018, 10:42:51 PM
 #299

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.

it's true that your word will be better if each country allows crypto
but in my opinion surely a country has a reason or consideration why it still hasn't legalized crypto

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November 23, 2018, 10:45:49 PM
 #300

If it happened I think its more easy to government to corrupt money after all its digital currency and they can easy manipulate it . On the other hand there would be like difference on the popularity of it compare to cryptocurrencies now .

I think your viewpoint is right. If every country has own cryptocurrency and manages it, I guess the cryptocurrency will disappear due to the manipulate of government. The cryptocurrency doesn't be managed by anyone, anybody, and any organizations.


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