nah, all crypto currencies should be open for the world, it is decentralised thing, so we have a new way to make a new world, with a new economic model, with new progressive system of government, the national coin is the way to contol it by its country
I think It certainly is not a fraud and will probably get strong support, but will there be a loss on the currency and the country itself? Would it be more interesting than some of the biggest coins now?
Imagine that some respected country would go far beyond the legalization of cryptocurrency and start one of their own.