Hello people!As you consider whether each state to create their own tokens? under its currency?
I cannot stop laughing to think of a time when each and every state starts their own token,who will be using those coins ,even now we have more than thousand tokens and it is really hard to keep track with all the coins and i really do think we have to have some regulation on who can start these tokens and start earning money from thin air.
Exactly what will be the purpose of having their own cryptocurrency? Because I don't see any advantage of having too many cryptocurrency floating around the world. But if a thousand or more cryptocurrencies exist in the future I can only see bad things from making crimes more easier to be done through the web through the possibility of a country's economy falling because of the cryptos' security features.
There will not be a point for those tokens, the general public will not accept them and people like us that know what it is going on are never going to accept to use a coin created by a government we are not dumb the reason we are using bitcoin in the first place is because we no longer believe in the fiat printed by governments and Im not going to trust a government with printing my crypto either.