Post
Topic
Board Economics
Re: What do you think about crypto currency issued by the government?
by
befriendmywater
on 08/02/2019, 11:25:46 UTC
It is said that central banks plan to release their own curypto currency in some countries,for example Japan..
 
How do you think about these crypto?
I think it won't work well. it is a government altcoin and will not carry too much meaning. it has no annual revenue, it does not intend to invest. it only gets richer when it receives a lot of taxes from people and businesses.
Altcoin development of a government is actually quite meaningless. we can only borrow money from them and do not expect it to grow strongly. According to me, that is a bad idea.