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?
government efforts to create its own digital currency may have a positive impact because it can introduce digital currency to the public. This is certainly worth developing if most governments are able to implement this, because the government should be able to realize the many benefits that can be obtained from blockchain technology.
Probably that's one benefit for crpypto.
If people would learn about digital currency and they have adopted it, it would be easy for them to understand crypto as its also a digital currency, the only difference is that crypto is decentralized, and I think that nature of crypto would attract digital currency users to adopt in the space.