France to launch their own cryptocurrency

[bettercrypto]

well, it seems like France will also launch their own cryptocurrency next year. it's funny that just year ago they despise cryptocurrency(article about it) and now they are launching their own cryptocurrency
and even teaching high school students about cryptocurrency(article about it) and preparing them for it. how things have changed in just a year

Will take note of this!
I hope all of European countries will be a friendly place for cryptocurrency. France is going to join the trend, who's next?
It might give an impact to the industry. Maybe it may an advantage or disadvantage. But let's look for the positive side of crypto, and we should not bash those countries who want to have their own crypto.

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[yulionoo]

in my opinion countries in the world have realized the great potential of cryptocurrency so that those who previously refused crypto were eventually attracted and made their own crypto. Previously I also heard that China and Venezuela will make their own crypto and now France as well. I think most of the countries want to make their own crypto and later this crypto can be controlled by them. Government-made cryptocurrency is a centralized crypto, unlike bitcoin which is decentralized. but I'm sure when they make crypto in the end they will also legalize bitcoin.

[Asmonist]

If they are ready for it then its there prerogative. Crypto is really a wide array of opportunities. It does not strict to anyone who wanted to replicate or make new crypto. I haven't known yet if there regulations for that matter. Well, France has just realize the value of crypto currency and making the move to have their own crypto is somehow a right decision for them.

[Aying]

well, it seems like France will also launch their own cryptocurrency next year. it's funny that just year ago they despise cryptocurrency(article about it) and now they are launching their own cryptocurrency
and even teaching high school students about cryptocurrency(article about it) and preparing them for it. how things have changed in just a year

This proves that crypto currency is more helpful. maybe, they saw how crypto might change the whole country, like china that wanted to banned all crypto currency in their country but now we saw and they are working to clear all scams and wanted it be more useful with no obstruction. it will continue and spread throughout the community, so there is no doubt that crypto will use as our main currency soon.

[DreamStage]

I kinda loved the way people were adopting bitcoin as a single coin.
But now i see it is more towards centralized currencies for each country rather than having a global one.

It seems the power of having such crypto from their country is making people more greed rather than working together.
If that brings new people to the investors table as well for bitcoin i will be glad to know about it.

Nevertheless it's good that teach the younger ones.

[Tramirostronix]

Honestly I'm waiting the result. I'm French and we are not really into the décentralisation part of crypto .. 1 year ago the president of the French Bank was against Bitcoin and crypto and was spreading false informations and using the "tulip bubble " case instead of the dotcom one to discredit crypto..
I know they don't like Bitcoin but let see which aspect of crypto they will keep.

[memedennis]

this will bring a boost to the cryptoworld in my opinion. and will increase adoption of cryptocurrency usage.

[Ris88]

Actually this is a matter that has been discussed very often not even once or twice someone discusses the news contained in an article or news out there, I strongly believe that all countries will make cryptocurrency for their country's growth, we know that every country cannot against the growth of the digital era because the digital era is already very strong to compete with, so it is inevitable that every country will participate to create a new movement for global economic growth in the future ..

[target]

Actually this is a matter that has been discussed very often not even once or twice someone discusses the news contained in an article or news out there, I strongly believe that all countries will make cryptocurrency for their country's growth, we know that every country cannot against the growth of the digital era because the digital era is already very strong to compete with, so it is inevitable that every country will participate to create a new movement for global economic growth in the future ..

Government backed digital currency is the future we are already seeing this going to happen after China reveal they are creating digital currency so countries followed. Somebody figured forcing people to use digital currency is the best way for government to track the money and also the government can collect tax properly, this is good way for government to manage the country.

While we tried to use decentralize currency to take the power back using blockchain, the government also figured to use blockchain against it.

[Clark05]

If the country of France teaching high school students about cryptocurrency that is great idea that france do because the students have a chance to change their lives once they know how the cryptocurrency really works.  I hope once they launch thwir own cryptocurrency it will be help to the crypto world to become popular and the potential coin will increase with the help of their own coin.

[Eugenar]

Yes, but i do not like the idea of every country making its own cryptocurrency. Just that we have local fiat for every country do we really needed to make replica of it by making a separate coin for every country. Why can't we have a one world currency bitcoin which is free from inflation and everyone trust it.

If they plan to transition their fiat currency in to digital and they think it could be possible then why not? Imagine if you are just swiping a card with bitcoin or altcoin in it to make a simple transaction without even counting and getting money from your wallet. Imagine travelling without hassle in getting money in a vehicle full of passengers? And imagine sending transactions to many people, with cryptocurrency, every transaction is possible and we couldn't blame country's when they see the light in crypto.

[Tramirostronix]

If the country of France teaching high school students about cryptocurrency that is great idea that france do because the students have a chance to change their lives once they know how the cryptocurrency really works.  I hope once they launch thwir own cryptocurrency it will be help to the crypto world to become popular and the potential coin will increase with the help of their own coin.

Actually you have an "option" to teach students about bitcoin. So it's a small step for a big adoption.
link to the article : https://cointelegraph.com/news/french-high-school-students-will-learn-about-bitcoin-and-crypto
if you need more, I will translate from french.

Again the main question is : how will they use it ?
So far it is just a test for financial institution. We will see what they will do to target the all country

[Lauren Smith]

This is great news! I hope other countries jump aboard the crypto wagon and embrace blockchain technology and the future. It will be very interesting to see how they introduce it to their people and if they will have a dual economy? One based on fiat the other on crypto. Would investing in such currency be a good idea? I think they will tie the value of the crypto to their local currency until it gains more adoption.

[ene1980]

This is great news! I hope other countries jump aboard the crypto wagon and embrace blockchain technology and the future. It will be very interesting to see how they introduce it to their people and if they will have a dual economy? One based on fiat the other on crypto. Would investing in such currency be a good idea? I think they will tie the value of the crypto to their local currency until it gains more adoption.

Why is everyone thinking that they are embracing bitcoin, if any country is coming up with their centralized coin even with a blockchain why would anyone follow that path and start adopting their stupid currency, for them to monitor all your transactions  . May be the government is looking this crypto craze as an opportunity to have complete control over their citizens and we should not fall for that trap.

[Bitcoinislife09]

well, it seems like France will also launch their own cryptocurrency next year. it's funny that just year ago they despise cryptocurrency(article about it) and now they are launching their own cryptocurrency
and even teaching high school students about cryptocurrency(article about it) and preparing them for it. how things have changed in just a year

I think it was a great idea to launch their own token since it was their country that is going to use it but I think these token could not be more useful since France already have its fiat money and bank system.
Also, France should just use bitcoin since the bitcoin is the most popular cryptocurrency and digital currency they should just use it as the cryptocurrency and as an asset.

[Tramirostronix]

well, it seems like France will also launch their own cryptocurrency next year. it's funny that just year ago they despise cryptocurrency(article about it) and now they are launching their own cryptocurrency
and even teaching high school students about cryptocurrency(article about it) and preparing them for it. how things have changed in just a year

I think it was a great idea to launch their own token since it was their country that is going to use it but I think these token could not be more useful since France already have its fiat money and bank system.
Also, France should just use bitcoin since the bitcoin is the most popular cryptocurrency and digital currency they should just use it as the cryptocurrency and as an asset.

Again the money in france is the Euro, so it will be the first step to a new money for the European Union maybe. A government will not use Bitcoin because they don't own it and they don't know who own it. Imagine if one day "Satoshi " sell all his bitcoin ? He will create maybe a new crisis. Imagine if you loose your wallet, bam all your money is gone.
The goal of a state is to protect the citizens, too many risks to adopt bitcoin as a national money.

[Wind_FURY]

The topic has the potential in turning into one long mega-thread full of people posting with very little understanding. You tell them the truth, and more of them keep coming like a swarm of ants.

[Boov]

This is great news! I hope other countries jump aboard the crypto wagon and embrace blockchain technology and the future. It will be very interesting to see how they introduce it to their people and if they will have a dual economy? One based on fiat the other on crypto. Would investing in such currency be a good idea? I think they will tie the value of the crypto to their local currency until it gains more adoption.

Yeah, if bitcoin will be launch also in other countries because France already did it , it could be a great news, european has influence in other countries too. I hope that here in Asia it will be recognized as well.

[IadixDev]

For all i know, if they do a crypto in France, its not going to be something you can speculate on, all the people i talked with from institution their eyes goes  when They hear speculation or trading. Public services are not here To make profits, at best They just want To balance the budget, and they wont use taxe monney to develop a system with speculative profits. Maybe They are looking into it as a way to access public service or various things, but its not going to be a thing to make profits on it.

[dewin]

this will bring a boost to the cryptoworld in my opinion. and will increase adoption of cryptocurrency usage.

yeah, it's nice that blockchain technology and cryptocurrency are more popular all over the world and awareness among people about that stuff increase. However in case of France which wants to launch their own crypto, it's might be just an experiment, I doubt it will have a bright future, but they can try