Post
Topic
Board Bitcoin Discussion
Re: Would Bitcoin remain number 1 if each country had it’s own crypto?
by
crustycrab666
on 02/04/2020, 19:31:53 UTC
What if a country’s  crypto isn’t centralized , but is instead decentralized. Where the US Government releases a decentralized platform (perhaps as a way to initially raise money to pay off national debt) , and they have it being improved and maintained by tech wizards who work for the government? THAT would be a strong coin.
with the government as the most holder? can monopolize prices? Isn't that the same as being centralized?
This is quite difficult indeed, and yes strongly agree with some of the opinions of members on page 1 that even if the government makes cryptocurrency, it is only a change in the form of fiat currency of the country, the government is in full control.