Post
Topic
Board Economics
Re: Will governments create their own cryptocurrency that will replace fiat?
by
mr.nby
on 25/09/2018, 17:03:36 UTC
it seems unlikely that the government will make digital currencies that can replace real currencies. because surely it would not want a currency as a symbol of the state to be replaced by digital currency

If governments do it then national cryptocurrencies will function next to fiat money. They will be their digital equivalent. Rather, they do not withdraw fiat from circulation to replace them by cryptocurrencies.