Quote from: shamzblueworld on November 21, 2016, 04:32:56 AM

Quote from: g3rszpi on November 19, 2016, 07:37:25 AM

Quote from: shamzblueworld on November 19, 2016, 06:48:55 AM

So far I think its only people or organizations that are trying to create a new crypto currency to just be out there and maybe one day compete with bitcoin. But what if a government decides to create a country's own and legit altcoin? How would that affect the whole scenario? Will it be an instant success, especially if the country is big enough in population or has decent enough international trading going on.

just imagine yourself explaining what is cryptocurrency to a 80 years old lady.

I think explaining part won't be much hard, the tough part would be to convince them to use or persuade them to switch.

IMO it would be impossible Cheesy

From the other hand if you look from the governments perspective it could be success if they would try to introduce in multiple steps, lets say in first step would be able to pay their taxes came from online incomes, since these people probably are more familiar with these online and virtual stuffs.