Quote from: tenebriscaelum on October 14, 2018, 02:04:22 PM

I see advantaged and disadvantages of cryptocurrency and blockchain technology that will be issued and regulated by the government. One of its advantages is investors and recognition by its people and it can potentially increase the governments assets, on the other hand one of its disadvantages is that it could be used by politicians against its people or in corruption and we will never know it as there are many politicians that are very manipulative.

I think from the onset of why Governments are creating cryptocurrency is first and foremost about control? Right now they see decentralized cryptos as something that will greatly disadvantage govs in terms of control. so to create a centralized crypto is certainly a good idea. Of course, there is always a possibility that politicians may attempt to manipulate and corruptions will become a problem. Afterall, in Fiat, we see corruptions all the time... the big and small and the hidden ones. All these are possible with all the centralized control present. it is a system they are used to. and almost-perfect system which each govs can benefit from.

Even then with govs coming up with their cryptos, i believe it will make decentralized cryptos even more desirable as the contrast will be greatly distinguished by market players, consumers, you and I. The public can actually compare a decentralized crypto to a centralized crypto 😎, instead of crypto to fiat where only uncertainty prevails 🤷🏽‍♂️.

So, let the govs create more centralized cryptos.😆😆😆