Post
Topic
Board Economics
Re: each state will create its own token?
by
Sled
on 25/10/2017, 02:54:04 UTC
Hello people!As you consider whether each state to create their own tokens? under its currency?

I don't think so because no country wants to give a decentralize currency to their citizen and loose the economic control from their hands. And if there is Internet everywhere than it could be accessible from any part of the world. So there is no logic behind create such a vague and useless currency.
Exactly it will not be private in your country inly the fact that it can be access through the used of technology. Why do country need to make their own token? For what purpose? It will just diminished or affect the economy of your country so I think this wont happen. Just like in the philippines they mase a pesobit coin but suddenly it results to a dump of coin.
If the government will make their own country coin then it will become successful but if the creation is done by just a person then the coin will not succeed like what happened in pesobit like you said that it resulted for being a waste. One of the purpose that i think why they will create their own coin is they want to have their own version and to attract their people to just use their own token rather than using the more volatile kind of coin.