Post
Topic
Board Economics
Re: What do you think about crypto currency issued by the government?
by
WiresAreComing
on 20/10/2018, 11:59:20 UTC
Cryptocurrency issued by any government is no longer Crypto - it is just currency that uses blockchain technology. I put it this way because the government will not issue anything without its own interest, thus if they issue Cryptocurrency it is bound to lose its essential properties - decentralization and anonymity.

The only thing is that it will not be beneficial for the government, as blockchain is transparent and almost impossible to control, that`s supposed to bring end to frauds and corruption. I wouldn`t count on government Crypto in this case.