Post
Topic
Board Economics
Re: What do you think about crypto currency issued by the government?
by
Michael_Cox
on 16/10/2018, 14:43:42 UTC
Those are not real crypto-currencies. Those are just digital versions of the fiat currency, similar to Paypal or Skrill. A crypto-currency should be decentralized. It can't be issued by any central bank.

A digital version of a country's fiat makes sense, and could be the first step to cryptocurrency adoption, don't you think? If they could digitized their fiat, it's only a matter of time until they start using bitcoins as well, or creating their own crypto for real.