Post
Topic
Board Economics
Re: each state will create its own token?
by
albertvert
on 09/10/2017, 18:38:20 UTC
I wouldn't be surprised if they do. I mean, as a gov't, who doesn't like having digital fiat? You get total control over it and by extension your people as well. And no need to worry about it being stolen by anyone else but you.




Hello people!As you consider whether each state to create their own tokens? under its currency?

Im not sure if that was a good idea because in order to create a token we just only need an internet means it can be use and accesible worldwide.
In my country Philippines, some bitcoin user created PSB token (pesobit) like pesos currency but it seems that coins is going to dump now.

Yeah heard of Pesobit. People are calling it a scam.

Yes the each state will create its own token are I think if every country does that. this in my opinion will not be effective because I think it will kill the fiat currency owned by every country they have. if there is a digital currency adjacent to the fiat currency that becomes the currency of a country this will cause a dualism that can cause a split in the currency strengthening between digital money and fiat in general.