Hi everyone
I am asking this question out of curiosity and to also know what you guys think...
if the government of your country decides to launch a centralized cryptocurrency exchange specifically for her citizens which you are part of, will you shift your usage of other exchanges to this exchange without being forced?
1. That is, if the government did not ban the citizens from using other global exchanges, will you willingly switch to using the exchange from the government of your country?
2. If the government bans, and blocks citizens access to other exchanges except the country's own exchange, will you forcefully use the exchange or will you find alternative means of accessing other global exchanges?
Let's read your take on this and do forget to give clear reasons why you did choose whatever you choosed..
If the government of my country decides to launch a centralised cryptocurrency exchange, I will not even bother switching there, as long as it is not mandatory. If the government bans and block our access to other exchanges I will be left with no option except to accept the condition of the government, and switch to the country's exchange. But if it's not a must, I will not switch there. From what you called that kind of exchange, you said if governments decided to launch a CENTRALISED cryptocurrency exchange. You know from the word CENTRALISED, we the citizens will not have full rights on our assets and governments will also have some conditions that it will place on the citizens.
Government will also demand something in return from the citizens such as taxes and so on. It will not make any sense to me for someone to have control over my assets. If they are talking about improvements in countries, my country is a different case, must especially now that we're experiencing bad governance. That makes me think that even if the government of my country decides to launch a centralised cryptocurrency exchange, I don't think anything positive will come out of it.