I know that Venezuela has petro, Japan has MUFG Coin. anyone please tell me, are there other countries that have created their own crypto besides Venezuela and Japan?
I think it's interesting, maybe we better call it a national cryptocurrency. do we need it for the future? and what is the important role of cryptocurrencies created by the state?
The currency crypto was created by the government. They are used for their own purposes. Like venezuela, Petro coin was created to solve the country's inflation. Actually they are not called crypto currency and they are not popular all over the world
because many countries ban crypto, so, crypto popularity does not uptrend. I agree with you, Petro was created to improve the economy of Venezuela, and the results are very good.
imagine if all countries have cryptocurrencies, I think all countries will grow well, there is no poor country in terms of economy.
I think we don't need fiat anymore, and every country must have crypto.