Quote from: spongegar on October 22, 2018, 03:26:59 AM

I think these kinds of crypto currency, the ones that are made by the government, will be alot more stable than the ones we have now because for one thing, this crypto currency will definitely be backed by the country's GDP and maybe precious metals and gems. This in turn will have a more stable price plus the blockchain it will create.

Apparently, why won't it be stable? Have you forgotten that anything that will have to come from the government will be centralized and therefore controlled? It won't be any different from the fiat we have been used to over the years as far as I am concerned. I would not even consider anything that comes from the government as cryptocurrency as it would most definitely not have the decentralized features. The only difference I will only see here is the fact that it at least bring about some transparency when it comes to the system of governance spending somehow.

Quote from: Beegovere on October 22, 2018, 10:40:06 AM

Im not support in government taking over.

I believe most people here will not support a government based crypto. Because it will kill all the freedom for which we do have these decentralized coins. Bitcoin is having many amazing features only just due to the concept of decentralization. If those things will not available with a coin, why we should adopt them ?