Re: Will countries or central banks create their own cryptocurrency?
You should watch the show Mr Robot. In the season 2 it goes full crypto, and there is a way of governments vs Bitcoin. The script predicts what I was predicting myself, and that is, a future in which governments want to control 100% what you do with no possible notions anymore for privacy, except they didn't count with bitcoin delivering financial freedom.
They have a cryptocurrency (developed by E Corp) that is closed source and they control everything and they hate Bitcoin since it bursted their Orwellian dream's bubble.
Whoa.. Mr.Robot seems to be the new fap - material They have a cryptocurrency (developed by E Corp) that is closed source and they control everything and they hate Bitcoin since it bursted their Orwellian dream's bubble.
To the OP, countries have already started to create their own coins but who gives a shit. It will never come close to bitcoin due to obvious reasons. There ain't no shit to worry about.
I think anything is possible for different countries or central bank to create their own cryptocurrency since they have the power, the influence and the resources to do so. However, it may take a lot of time but still not impossible to be realized.