Some governments have plans to launch their own cryptocurrency

[tervel]

China has been at the forefront of such efforts. The Chinese government wants to expand its pilot program for a homegrown electronic-payment system, which shares some features with bitcoin and other private cryptocurrencies. Also that is already happening and in Estonia.

[therozaq]

No problem to me if the government launch their own cryptocurrency as long it's not a centralized crypto because there are some government corrupt so they can manipulate it if they want, too risky to use it. It would be better if they make a decentralized cryptocurrency.

I think there would have a conflict interest between government which is centralized and crypto which is more on decentralized. If you wish the government will create their own crypto in decentralized platform. They cannot do that otherwise they are promoting crypto investment which they are opposing it.

I think government will create their own crypto currency, But I think the government will use centralised platform . They will control this coin. I don't believe in government will create decentralized platform. Let's see.

[I-Bit]

It is very interesting why many governments plan to have their own digital currencies. I think the governments have realized that digital currencies will be more effective to apply in the future. So, they have already prepared it since the very beginning, they have started to create it now.

[Proton]

This is no longer a secret for a long time. After a while, virtually all states will have their own digitalized central bank currencies. Governments have long recognized that digitized currencies are much faster, more efficient, more convenient and cheaper to service any other type of cash or non-cash money.

[Callisto]

Yes, there are indeed plans in almost every developed country to create their own national currency. Kitty was the first to announce the creation of a crypto-unit; in theory, everyone pulled up after these statements.

[ashraf786100]

The use of blockchain technology in order to pass it on to other owners is very difficult. There are so many types it's hard to say, and there are so many types it's hard to say. Blockchain technology is more transparent and there's no need to record information.

[bitcoin-shark]

certainly being able to tax crypto attracts many countries and governments china already has its official altcoin, venezuela as well, usa and europe are organizing to launch their own and i believe that more and more countries will follow their example

[trauchot]

Many countries understand that cryptocurrencies are the future and therefore some countries want to create their own cryptocurrencies and this is of course correct because cryptocurrencies are becoming more and more popular and after some time everyone will know at least a little about cryptocurrencies and of course many countries will be able to receive huge money from their national cryptocurrencies.

[Jaguar]

They have power to create their own crypto it is because they are capable of. Not really an issue if the country will have their own crypto whereas the country has fiat coin circulating in their territory. Crypto will be the hot topic in the future world news.

[Freemind]

Sooner or later, all governments will have their own cryptocurrency, with their semi-private or private blockchains, so that no one can see where people's money is going. But before they can do all that, they will have to educate the elderly population about its use and operation, and that is not easy for any government.

[Max Way]

In the end they recognized the quality of crypto technology, and it could be said that this could be a reference to open wide to the number one technology in the world. At least it can be said that this will be good news for the future and towards a bright future.

[Freemind]

Yes, they will have to admit it @Max Way. What I do not like is the idea of ​​some countries, which want to eliminate cash, that would make them have much more control over the populations than they already have. If at least blockchains were public I would not be against it, but I doubt they are public.

[tervel]

As the adoption of cryptocurrencies have grown worldwide, governments around the world have considered the possibility of issuing their own versions of digital currencies. Crypto enthusiasts often see this as an effort by central banks to retain control over their sovereign currencies.

[ranaprime]

Don't worry, even they create their own cryptocurrency this will not be like Bitcoin as the king of crypto. They may be influencing crypto but I think that they will not give a big influence and a bad result. Just let's see how their stablecoin will exist in this crypto market

I don't think so. I think if the governments take the decision then our crypto market will reach in the top position. There are lots of investors will be added here. It will be flourished all over the world. Every thing regarding the issue which will taken by the government will be successful. 

[legend45]

Sooner or later, all governments will have their own cryptocurrency, with their semi-private or private blockchains, so that no one can see where people's money is going. But before they can do all that, they will have to educate the elderly population about its use and operation, and that is not easy for any government.

yes, I think It is true, sooner and later I think the government will create own crypto currency. As OP said I also heard Some government have plans to launch their own crypto currency. So we will see the digital era is coming soon