Quote from: Snaic on August 31, 2018, 04:00:26 AM

I think that many countries and their central banks will create their own digital currency. This will be done, firstly, in contrast to the decentralized crypto currency, in order to divert the attention of the population from it, and secondly, to use the opportunities and advantages of the crypto currency. Although it will already be a managed crypto currency, however, especially within the state, such a crypto currency can successfully go, because it will combine the digital possibilities of crypto currency and national money. Some countries already create such own types of crypto-currency, and even more express their intention to create it. In general, it will be good, as the population will be attracted to the crypto currency by the authority of the state and will be convinced of the advantages of decentralized crypto currency over centralized.

Which is exactly why they shouldn't start using cryptocurrencies. It will simply become an eye-opener to the people and once they have become familiar with cryptocurrencies, they are just going to move into using a different currency. It's like the government went through a lot of trouble just to end up giving their people a choice to be free from the government. Besides, the government already have their very own version of cryptocurrencies. It's the digital form of your fiat money which you can find on your bank account, credit card account, and Paypal account.

It seems to me that the only way for the government to prolong the process of mass adoption is to not say a thing about cryptocurrencies. They simply have to ignore it. In my country, bitcoin was actually once on the news. It actually just increased the population of the bitcoin users in my country as everyone wondered what is it about. And of course those who have researched enough were able to find out that bitcoin is not a scam, in contrary to what the news says. There were also viral articles that explains why cryptocurrencies aren't a scam. My fellow bitcoin users don't really mind these news because we know that we're making money from it and aren't scammed, in any way, so why be concerned of some video that was flashed to your television, right?

Quote from: Lady Coquet on August 31, 2018, 01:54:16 PM

Quote from: waqasniaz007 on February 16, 2018, 05:56:48 AM

A few countries and central banks have been talking about digital currency, and most of them are carefully ignoring the term crypto. Fact is- digital currency is not the same as cryptocurrency. These countries/central banks are recognizing the benefits of the digital currency features of cryptocurrency, but they dont want any of the decentralized uncertainties that come with blockchain-based currencies.
Will countries or central banks create their own cryptocurrency?

I think its is possible that countries and central banks will create their own cryptocurrency, but for now it is not because they also need to support and focus on their currency to improve the economy of their country.

I definitely agree. The major reason why countries wouldn't issue their own cryptocurrency is that there's a lot of major issues going on and a lot of problems that they have to fix. Simply put, the nation doesn't call the need to have their own cryptocurrency so why would they?