Quote from: Argoo on December 30, 2019, 07:01:52 PM

Quote from: mobilestrike on December 30, 2019, 05:50:50 PM

Quote from: Furryball on December 30, 2019, 05:29:15 AM

I've been following the trend news of central banks creating their own digital currencies but a question have since then troubling my mind.

1. These new Central Bank coins are they going to be stable coins or not?
2. What will happen if they are not stable coins? If holding them will be profitable many will leave crypto space and focus on these new coins?
3. Maybe people will just use them as a plus since it's from the government?
4. Will regulations still come after this? I think other coins will be neglected and regulations will only be for coins from government?

My observations are saying that these coins will be backed on their state currency so the question of stability skips here because it will have the same fluctuation in price as in the states local currencies which rely on the economy of the state. Then it is right that many people will have trust on it and will not worry to put their money in them but for decentralization and for profit from the price they will also not leave the coins of crypto space. Regulations may come after this in the favor of central bank coins but due to decentralization of crypto space coin people will also not have any problem in adopting the current cryptocurrencies.

That's right, own coins of various states will be issued in the form of stable coins. It will be just their ordinary money digitized. Therefore, their price will always correspond to the price of their domestic money. In the future, various combinations of stable money among themselves are also possible. Of course, they will not bring profit, but will be used primarily as a means of payment.

let's just take a look at how some online payment gateways just like VISA and MS have already used by some DeFi in the crypto to be integrated on it to create a payment gateway for the crypto users. that is really possible to happen with those digitized fiat money too. The developers don't need to think even more difficult about how to deal with the fiat money in the best way as the government will make it becomes digitized.
Crypto will get so many advantage in the future as that make money can be connected to the crypto easily.