Quote from: Eugenar on February 28, 2020, 04:25:51 AM

Quote from: ronbennett_ on January 24, 2020, 11:31:29 PM

Some governments recently try to create their own crypto currencies (e.g. China), according to reports. Some welcome this as a good step towards mass adoption of cryptocurrencies, others don't like it. Still, the crypto media welcomes this and we should consider whether this is good news in general or not.

What would be your opinions be on this? Should more and more governments create their own digital currencies and introduce them to their population or should we not support the creation of digital currencies made by governments?

Well, if that really happens, then I think it would be significant to all of us, there is nothing terrible by creating new currencies, but I doubt that they can create it as quick as is, creating cryptocurrencies is so hard, it takes so much time before you have that thing. I hope that they will create a currency that can reach the value of the bitcoin.

I know that is is really impossible because bitcoin has so much value for now compared to other currencies. However, I am still hoping that there would be a currency that will reach the price of a bitcoin. China is a significant and advanced country, so I believe that they can create a useful currency.

cryptocurrency is a global currency, and if the government creates a new currency, I think it must get support from other countries, so that it can be of global use as well. maybe the government can pressure its people to use it, but to be accepted in all countries and have value is not easy