What if every country has its own crypto currency

[GatotKaca]

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 is indeed difficult to occur because every country already has its own currency and each country's currency has its own value, so it cannot be replaced. I think there is no need for crypto currency to be a currency in every country, simply legalizing crypto is good and can transact using crypto because it is faster and easier with this digital currency.

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[Clark05]

If there's a mass adoption of cryptocurrency by the government or a government creating its own cryptocurrency, investors will be singing a new and joyous song. But it's still farfetched when this will happen because most government want to have access to citizens funds using the banks. It will be really difficult.

If the government of it's country will really create their own coin it will very helpful because we know government is powerful and influences to the citizens of every country. The price will become very high once they create it own coin or altcoins it will be better compared to other. It's not fair if they want to access the citizens funds to using banks because that's confidential.

[Zidan Bst]

If every country has its own cryptocurrency , I think it will great for their people.
Then, every country will compete in the price of their cryptocurrency.

[criptAndroya]

everything is not so simple, here Venezuela has released its currency, but things are not very good. That is, as in any other case, it all depends on a combination of factors.

[trauchot]

I think this will happen in the future, because the governments have already agreed to legalize cryptocurrency and are already testing various technologies that will help with this. Many countries understand that the cryptocurrency is our future and many countires will gradually promote cryptocurrency and many countries will create their own cryptocurrency for their countries.

[travwill]

I think this is a strange undertaking because cryptocurrencies are not independent units in matters of pricing them, as a result of speculation, the price of cryptocurrencies of a particular country can be derailed, which will entail subsidies from the state to stabilize the situation.

[jyotianand01]

If that happen then it will change the whole financial market but it is still a hypothetical question as already listed cryptocurrencies are still under no regulations in most countries and many countries are taking steps to regulate it. After regulated market, then anything can possible in this way.

[mikaeltomcruz12]

I think that would not be easy, because not all country is ready and not all county is willing to take a risk on cryptocurrency. Most of country has already studied about cryptocurrency bus still they didn't trust and try to use this in their country.

[agusiska]

i think its no problem at all, just like every country have their own currency, for example lets say bitcoin is like dollar whos dominated, so if every country have their own crypto, it would be nice..

[trash321]

In general, it would be very cool if today each state had its own coin, then they would probably be very liquid and they would show to reflect the economy of these states. The idea seems generally relevant.

[Fuhre]

If each country has its own cryptocurrency, Crypto will have communities throughout the World and this is good for all of us. but there must be innovation that is more than just a means of payment, because if it is only a means of payment, fiat money is enough. I mean that there is a need for special characteristics of each Crypto currency in each country. the first thing we need to think about is Crypto Regulation. that is the basis of this idea.

[jan.nicolas]

I think that as a whole it is good, because you will not need to print permanent new money, since limitedness will already enable people to have the constant value of this token. It seems to me that everything is obvious.

[Jaggi90]

I think there should only be one crypto currency which is used by everyone. If you go to another country , you have to exchange the currency but if there will be one crypto currency , there is no need to exchange that currency as that currency is acceptable everywhere.

[Saf1211]

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.

be no different to money now, only thing is you would have every transaction on blockchain.

[SwiggHeart]

Not even agreeing that. Cryptocurrency would be very volatile and had the most tremendous chart you have ever seen if every country have its crypto.

[Yalovtsev]

Well, while this is not present,it's just talking,while nothing is supported,I can still say such a thing that if each country will have its own tokens, they will make exchanges with each other,or through Bitcoin,it seems to me that through bitcoin all the takip will go,and it will be a kind of replacement for the Dollar,but

[Loedong]

let alone make cryptoqurency itself, even the presence of cryptoqurency has not been fully accepted in various countries. but if this happens in the future it's certainly good news if every country has a crypto project. but I'm not sure if Crypto can be used as a legitimate payment instrument like paper money.

[Alucard2425]

I think that idea will be really good and it will be the same as the physical money that they use in their country but more flexible and the transaction will be non stress

[Ucy]

It makes no sense. But I think it will eventually happen with the birth of ICO alternatives like STO.  I have a feeling they will thoroughly regulate cryptocurrency projects from STO  to the extent of telling developers to limit nodes usages within their countries. Lots of other abominable rules will be imposed. Well centralized/govt regulated coins will be created. True cryptocurrencies will be forced to comply or be made illegal.

[Yemolou]

This will give a huge push to the whole industry, because it would mean that all countries have accepted and adopted cryptos. But if this would happen, we would need to live with a bunch of hard regulations from governments.