Post
Topic
Board Altcoin Discussion
Re: Country backed coins, a good idea?
by
jmlona
on 18/06/2018, 05:48:56 UTC
That would basically almost be similar to what we currently have with fiat currency but instead it would be backed in cryptocurrency. I personally do not think it would be a good idea because one of the main reasons for cryptocurrency is for their to be a decentralized economy and if each country has their own coin then those governments could regulate it to their liking and we would still be back to having separated currency.