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futile-resistance
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October 20, 2018, 07:09:20 AM |
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blockchain is decentralize. which means everyone can make their own crypto. which include government. whether it will be widely accepted by public its another topic.
This is not a very difficult task to launch your own coin and in fact takes some dollars and a portion of your time to do so but to launch a perfect coin, with a perfect project, that can attract investors and that can make lives easier by allowing very cheap transactions is very difficult. It also requires a team of highly efficient IT professionals. But of course the technology would not be used by the citizen of another country and might be affected by the political relations between different countries therefore i think that launching a coin like Bitcoin in the market in next to impossible. |
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Mytoken
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October 20, 2018, 07:28:11 AM |
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This may be a trend. In the future, more countries will issue their own cryptocurrencies. Perhaps this requires a better technology to achieve, and they may all speed up research and development.
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mazdafunsun
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October 20, 2018, 09:12:41 AM |
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It is said that central banks plan to release their own curypto currency in some countries,for example Japan..
How do you think about these crypto?
This is bogus crypto currency, there is no difference between emitted fiat by goverment and goverment controlled crypto curencies. If they are centralised they are centralised. |
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WiresAreComing
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October 20, 2018, 11:59:20 AM |
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Cryptocurrency issued by any government is no longer Crypto - it is just currency that uses blockchain technology. I put it this way because the government will not issue anything without its own interest, thus if they issue Cryptocurrency it is bound to lose its essential properties - decentralization and anonymity.
The only thing is that it will not be beneficial for the government, as blockchain is transparent and almost impossible to control, that`s supposed to bring end to frauds and corruption. I wouldn`t count on government Crypto in this case.
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nur rochid
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October 20, 2018, 03:43:58 PM |
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It is said that central banks plan to release their own curypto currency in some countries,for example Japan..
How do you think about these crypto?
Nah, I wouldn’t buy that. Any coin that is issued by the government won’t be any as good as Bitcoin is. Bitcoin is complete freedom and I don’t care about the fact that it is volatile or being manipulated by the people, cause I’m pretty sure that the government wouldn’t be an exception; any coin issued out by the government will also be manipulated, this time around it wouldn’t be by the people but by some hands in government. So I’m not interested in government. can be seen at this time, there are some countries that have released their own coins, but i think that there are still few people, maybe only certain people. we can see in cryptocurrency ranking, where they don't succeed |
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asayoyaasa
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October 21, 2018, 02:21:39 PM |
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I think they just created their cryptocurrency for backup another cryptocurrencies else to exchange this to fiat. USDT is example for this, maybe that japan's crypto have same function.
The country need stable currency as well, so the goverment should know how to make it stable.
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This is my main account. My alt account for bounty report in the future >> asa crypto info |
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Btcjunpitz18
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October 21, 2018, 03:25:41 PM |
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I think Japan created and issued their own crypto currency because they were knew that crypto will be uprising for the next century. They were just preparing their country for the outcome of the said currency.
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Semosuchi Tesongrato
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Rasputin Party Mansion
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October 21, 2018, 03:47:36 PM |
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A cryptocurrency issued by a government, with a central bank, is stupid by definition.
Bitcoin is born decentralized precisely to remove power from states and banks; in the moment a crypto is emitted by the state, it is just usual fiat money in electronic format.
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randythered
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October 21, 2018, 06:06:54 PM |
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It is said that central banks plan to release their own curypto currency in some countries,for example Japan..
How do you think about these crypto?
If it's issues by a government I would doubt it's very decentralized and so I wouldn't think it's true to the vision of what a cryptocurrency should be. Though Japan have been very forward thinking and I wouldn't be surprised if they had a currency that was somehow tied to their own currency but without such a level on control. |
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sublime5447
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October 21, 2018, 06:51:39 PM |
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The thread will be even better if it has a reference link related to the discussion, not because lazy but it will be easier to point in the thread. There’s actually no threat to cryptocurrency even the state issues a 'digital money', that’s a digital form of the currency of the country using. Because if you make a new currency, the agenda they’re working on won’t be realized but instead add new problems in their socio- economy. |
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usekevin
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October 21, 2018, 07:06:55 PM |
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It is said that central banks plan to release their own curypto currency in some countries,for example Japan..
How do you think about these crypto?
It will increase the usage of bitcoin in the supporting government of Japan.Most all the cryptocurrency are dependent on bitcoin.If any improvement occur in the price of altcoin.In turn the price of bitcoin will be increased.So just hold your bitcoin till it reaches the moon. |
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LeGaulois
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Top Crypto Casino
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October 21, 2018, 07:46:46 PM |
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The decentralization is gone as soon an authority is controlling the money. Without decentralization, there isn't any fun to use cryptos, or we could call it "high tech money". Only the technology behind would be used and still no full control over your money. In such a case, better to turn for a cashless lifestyle with the scriptural money |
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elpiji
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October 22, 2018, 03:07:40 AM |
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It is said that central banks plan to release their own curypto currency in some countries,for example Japan..
How do you think about these crypto?
the government is always opposed to crypto, but I am sure that someday crypto will become the big spell that is accepted in all countries, crypto users will continue to grow |
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spongegar
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October 22, 2018, 03:26:59 AM |
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I think these kinds of crypto currency, the ones that are made by the government, will be alot more stable than the ones we have now because for one thing, this crypto currency will definitely be backed by the country's GDP and maybe precious metals and gems. This in turn will have a more stable price plus the blockchain it will create.
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perfect999
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October 22, 2018, 06:56:53 AM |
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I believe that it allows you to erase the boundaries between those who want to use the cryptocurrency, but is afraid, and those who already use it
It is actually a matter of concern for the government only if the policies formulated by the government are not in accordance with the cryptocurrency. In my country and in majority of the developing countries, it is of course a matter of concern for the government because it disturbs the policies that have been built around the fiat system which helps control the unemployment and inflation which are the core problems for any nation. So this new system is not liked due to these reasons. |
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Shreek
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October 22, 2018, 07:06:36 AM |
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participating in the government of course will make the price of the cryptocurrency more stable, because controlling the price recession is the government which is also successful in maintaining the price of the FIAT currency of each country
so I also really hope all countries start adopting cryptocurrency through government agencies
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wuvdoll
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October 22, 2018, 09:25:36 AM |
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It is said that central banks plan to release their own curypto currency in some countries,for example Japan..
How do you think about these crypto?
I do not find these any further improvement over regular fiat. Regular fiats are not too much "banknotes" anymore anyway, we are here talking about how much money we have and we spend it and so forth all via our debit cards and credit cards and all of our money is tied to a bank account that shows numbers and when we pay it to someone else it changes hands and my numbers go down and wherever I gave my money gets their numbers higher thanks to it. All of money changing hand is digitized right now and there are really only a few places we use cash anymore and spending cash got littler and littler with time. So I do not think having a crypto currency issued by a government would really make a huge difference anyway considering we already have a digital currency by the government anyway. |
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vasilev456
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October 22, 2018, 09:50:53 AM |
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It seems to me that the states will necessarily ensure these coins with something and that this will turn out to be a regular steblcoin!
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GirlBitcoin
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October 22, 2018, 10:09:21 AM |
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It is said that central banks plan to release their own curypto currency in some countries,for example Japan..
How do you think about these crypto?
I think this is hard because they can not do anything in this market. You know, there are a lot of manipulative organizations working anonymously so nobody knows what they are planning to do. The government involved in this market will also be dominated by the rich. |
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Beegovere
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October 22, 2018, 10:40:06 AM |
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It is said that central banks plan to release their own curypto currency in some countries,for example Japan..
How do you think about these crypto?
I don’t really know how it’s going to be for other countries, but judging from my own country government, if that should happen then we are finished. Doing such means creating a way for them to even make away with people’s money without being traced. I do know that Bitcoin can be traced, but not in a place like my country, they will always make away with their evil acts. So I’m not support in government taking over. |
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