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RE: Cryptocurrency Discussion: Can bitcoin still thrive if governments introduce their own digital coins?

in #bitcoin7 years ago

A nice and current actuele theme that you bring up. In my opinion it is a matter of time before such a govcoin is introduced. In fact, Venezuela recently announced that it. That country faces hyperinflation. They will cover the value through oil stocks. I think it is even more interesting what our society as a whole in general will regard as recognized. Monetary power is on the decline and therefore governments will be inclined to seize the digital transformation to organize it according to their own needs. Of course this will not go without a struggle and I am in favor of the decentralized character. We will see what the future will bring us. In the meanwhile let us enjoy this free market.