Post
Topic
Board Altcoin Discussion
Re: Central bank coins vs crypto space coins
by
Baofeng
on 11/01/2020, 23:59:22 UTC
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?

I think majority of them will be stable coins, but I might be wrong.

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?

I doubt it, crypto enthusiast would invest on crypto back by government because of huge tax.

3. Maybe people will just use them as a plus since it's from the government?

It wouldn't hurt if you're going to invest, but I would rather put my money on crypto that I have total control.

4. Will regulations still come after this? I think other coins will be neglected and regulations will only be for coins from government?

Regulations will come, but I don't think that other coins will be neglected. People are still going to invest with crypto.