More and more often people can get news regarding creation of national crypto-currencies. Nevertheless, a lot of believe that crypto-community should reject such ideas and nip these them in the bud. The point is that “national tokens” is just a substitution of concepts. Let’s consider this on the example of fiat, that is taxed, regulated and follows certain rules.
The same situation can happen with tokens. Perhaps, it will be a digital and protected currency, probably with complex and safe algorithms, but people will lost the most important thing, freedom! The polity is going to control and regulate their tokens in the same way like fiat money. Most likely, polity will mine this currency by yourself. This means that:
1. Transactions will be processed and connected with people (verifiable);
2. Accounts can be blocked, if it is necessary;
3. Decentralization, one of the most important point of the idea of crypto-world, will be lost;
All of this leads to the similar situation like with fiat, which we tried to avoid.
What do you think now? Is national crypto-currency needed?
t.me/WhiteBitcoin
https://bitcoinwhite.org/
