IN YOUR OPINION, SHOULD SOVEREIGNS OR CENTRAL BANKS CREATE THEIR OWN CRYPTOCURRENCIES?
Several countries are thinking to launch their own cryptocurrencies like the crisis driven Venezuela was the first to do it in 2018. Marshal Islands, a small country in the Pacific, following Venezuela even passed a law to recongnize cryptocurrency.
In my opinion, it is good to have the sovereigns launching their cryptos because this would give cryptos a chance to get regularize, which can add up to the country's economy. It might hurt the cryptos at the initial stage but in the longer run it might prove to be really fruitful.
What is your opinion on this?
Should Sovereings or Central Banks create their own cryptocurrencies?
- Yes
- No
- No opinion
- Other (please mention)
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Voted for Other (please mention).
They should experiment with it and explore this possibility. (Actually they do, as a recent paper of BIS (Bank of international Settlements) shows.)
Voted for No.
Voted for No.
Voted for Yes.
Voted for No.
Voted for No.
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Voted for Yes.
Voted for No.
But i do think that blockchain technology can be helpful in making transactions faster.
Voted for No.
Voted for No.
The do not necessarily need to do so . . .
Voted for No.
because the whole point of cryptos is to get independent of central banks ;)
So the rivalry continues? :p
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Voted for Other (please mention).
On the one hand, official acceptance of cryptos is a step into the right direction. On the other hand, there is no use in having too many different cryptos. Nor is it a good idea to have the majority vote in the hands of a single state or central bank. This would kepp them in the position to print money and start inflation at will.
Presentliy I can not give a clear yes or no to this question.
Agree
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Voted for Yes.
Voted for No.
Voted for No.
But nothing is stopping them.
Voted for Other (please mention).
Depends on their intentions.