Many cryptocurrencies are currently being developed like bitcoin, dogecoin, dashcoin , litecoin etc. Just like now we have different paper currencies for different countries. It is possible that in the future each country will decide or develop its own cryptocurrency?. What do you think about this? Please share your views.
I think the idea behind these crypto currencies is the decentralization and anonymity of the individual right. Said this.. due to the technology like blockchain countries might come up with something of this sort but along with them other ones community made will always strive .
That's a yes but state-endorsed cryptocurrencies may be backed by gold or some other cryptocurrencies and the government
may seek for its monopoly and ban other cryptocurrencies
anyway, this isn't possible unless every citizen is stable enough to have a smartphone/minimal computer to hold the coins and network... Also the mining will probably be done by government, so as the demand grows the government will need to mine it and optimize it as well.