cryptocurrencies from governments

[doc]

Cryptocurrencies planned by the governments of the US, China, Canada, Russia and the EU and other countries, are different from bitcoin, which shows strong signal to investors that cryptocurrency is becoming an accepted form of trade. Is that really so ?

I also heard, my government will have own crypto currency.
I think It's good news.
Because I hope they will accept crypto and legalize crypto as payment methods.
I believe we will see crypto currency will be accepted at all countries at the coming future.
That's my prediction.

I think it's a good news if the government will create own crypto currency. 
At several countries still blocked crypto and we all see Chinese government refuse bitcoin mining.
That's one of negative issue  that cause bitcoin dumped.
I personally hope, crypto currency will be accepted at all countries.

[piqulhdt28]

they want to make their country's currency using blockchain technology, but not using bitcoin as payment. it's like they want to make a new crypto for legal transactions in their country.

[Paha87]

If the US regulators make a positive decision on the adoption of cryptocurrency as a trading and investment instrument, we will see a huge influx of live money into the market and from where the global growth of the system will follow. Personally, I'm really looking forward to it, I want to see new and emotional startups and their ideas. In general, we are following the development and waiting for good news from the regulators.

[Freemind]

If the US regulators make a positive decision on the adoption of cryptocurrency as a trading and investment instrument, we will see a huge influx of live money into the market and from where the global growth of the system will follow. Personally, I'm really looking forward to it, I want to see new and emotional startups and their ideas. In general, we are following the development and waiting for good news from the regulators.

I too would like what you say to happen, but unfortunately I don't think it will happen, at least for now. It is still too early to know what Biden will do, but for example yesterday we could read some statements by Trump in which he assured that Bitcoin seemed a scam to him, something very funny coming from him. If Biden steps up and opens his mind, we could have a much higher global adoption.

[AGM]

Cryptocurrencies planned by the governments of the US, China, Canada, Russia and the EU and other countries, are different from bitcoin, which shows strong signal to investors that cryptocurrency is becoming an accepted form of trade. Is that really so ?

It is good news for cryptocurrency to support by countries government . We take it positively and this news will inspire investors to more invest in cryptocurrency not only investors this steps to spread the cryptocurrency everywhere and when micro investors start to invest here it must up the value and importance .

[Noverteno]

More than 80 percent of all states intend to issue or are already issuing their national digitized central bank stable currencies. In general, this is not bad for both states and their citizens, because the national currency will become faster, more reliable and efficient due to the fact that it will be based on blockchain technology. However, there is no absolute unity here either, since we see that the Chinese digitalized yuan will not be based on blockchain technology.
We also do not yet know exactly what relationship the digitized currencies of states will have with cryptocurrencies and whether it will be possible to use them on cryptocurrency exchanges as pairs for exchange for cryptocurrencies. Therefore, we just need to wait a while until they actually appear.

[Callisto]

I think that the government's cryptocurrency was launched for competition and centralization, the coin itself, so that the population of the country would invest in their economy by purchasing cryptocurrency from the government, or maybe, of course, the state speculates for its own benefit of individuals.

[Freemind]

I think that the government's cryptocurrency was launched for competition and centralization, the coin itself, so that the population of the country would invest in their economy by purchasing cryptocurrency from the government, or maybe, of course, the state speculates for its own benefit of individuals.

It is quite possible that the reasons are what you said, but I would also add the fact that the government can have greater financial control over the population of any country. In some European countries the idea of ​​ending cash sounds, and that would be the perfect excuse to have more control, fortunately it is illegal to end cash, at least now.

[Papa Bear]

Yes, I understand the situation in developed countries that reject bitcoin, and some countries will choose to create cryptocurrencies as stable coins. However, we do not see what the plans are in the above list of countries, whether they want to expand their existing SDR currencies in order to avoid sharp fluctuations in cryptocurrency prices. In a situation where the global economy is unstable due to the spread of COVID-19, there seems to be hidden information about each country that will develop cryptocurrencies in order to have more stable values  in order to avoid fierce trade competition between different countries.

[pealr12]

Cryptocurrency created by any country government can never be compare to bitcoin because they will not allow such coin to be as decentralized as bitcoin is, the government has been looking for a way to control btc without success but if they manage to develop their own coin it will be a way to control the people, not beneficial to crypto community.

[Bobcrypto]

Crypto from advanced countries may only be based on stable coins, and doubt if any of these countries will launch crypto that may compete with BTC. Many countries will definitely adopt to cryptocurrecy and the blockchain, seeing that technology is working very well.

[KaliLinux]

Cryptocurrencies planned by the governments of the US, China, Canada, Russia and the EU and other countries, are different from bitcoin, which shows strong signal to investors that cryptocurrency is becoming an accepted form of trade. Is that really so ?

I wouldn't really see those as cryptocurrencies as they will have different aims as to what decentralized cryptocurrencies are. So-called Government developed cryptocurrencies would just be a digitized fiat regardless of what ever name they call them, heavily controlled and monitored by the government which has been their aim for long now.   

[Power420]

Cryptocurrency has gained legitimacy in all countries that have developed.  But cryptocurrency has not gained legitimacy in underdeveloped countries.  If the government of the country does not legalize the cryptocurrency, then in no way will the cryptocurrency be legalized in that country.  So, first of all, the government of the country has to support cryptocurrency.

[de_prof]

Cryptocurrencies planned by the governments of the US, China, Canada, Russia and the EU and other countries, are different from bitcoin, which shows strong signal to investors that cryptocurrency is becoming an accepted form of trade. Is that really so ?

I think It will happen, every country will have own digital currency.  But not decentralized patfom. They will use centralized, because government will control their digital currency.
It will have good effect for crypto currency world.

[tervel]

As countries continue to explore and roll out their own cryptocurrencies, there has been some concern over the possible ramifications of the existence of national cryptocurrencies, but I don't think so the existence of national cryptocurrencies having to influence market appetite for the decentralized cryptocurrencies.