Post
Topic
Board Economics
Re: Will countries or central banks create their own cryptocurrency?
by
realBitcoiner
on 03/09/2018, 08:22:58 UTC

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 don’t want any of the decentralized uncertainties that come with blockchain-based currencies.
Will countries or central banks create their own cryptocurrency?

We are already seeing that, the government of Venezuela has created their own cryptocurrency, many people can see that this is just an effort to try to get money to try to keep the government running for as long as possible but even if that is the case it's important to see how the experiment of Venezuela turns out so we can learn from it in the future.
If it is true then no doubt that it will have a very good experience and I hope that it will surely bring  a very positive effect on their economic condition. I think that if they will get a good response I hope that other countries will also follow them.