I’ve heard mixed thoughts on if each country eventually created their own cryptocurrency, would Bitcoin still be number 1 or would it fizzle out. Some say it would legitimize Bitcoin even more, others say it would make Bitcoin obsolete.
What are your thoughts?
This will never happen in reality,but those rumors about "government coins" will continue forever.
Think about it.What's the point of creating a national cryptocurrency for every country in the world?
Will it be better than nowadays digital money(the electronic fiat money in your paypal,skrill,or virtual bank account)?Will it be different?Will it improve the security of transactions?How much it will cost to create such cryptocurrencies and can we compare the costs with the benefits(if there are any benefits)?