The CryptoCurrency World War
As the blockchain technology is becoming more mainstream, corporations and governments alike have started implementing it.
If you pay attention to recent events, there has been an increase in government backed cryptocurrencies, and this trend seems to be just moving forward!
The Famous NEO has official approval from the Chinese Government [Source]
Tunisia's E-Dinar and their plans to advance their own blockchain technology [source]
Estonia's recent Ethereum Based national crypto-coin dubbed as the Estcoin [source]
Russia's huge interest and support in the cryptocurrency space will definitely push it forward to produce it's own national e-coin or at least support a main one ( I bet my 2 Steems :D).
There is also news coming direct from a senior Russian PM stating his support for a national cryptocurrency [Source]
Their national Burger King already has it's own Waves based cryptocoin! [source]
Sweden's Ekrona drafted by the Swedish government, even though it faced public backslash [Source]
Senegal's own cryptocurrency, the eCFA which as well received some criticism from many analysts since again it's switching to centralizing the whole concept :) [source]
Dubai is also an active player in the cryptocurrency space, the state recently sponsored a large digital currency conference [source]. I also think that we will see some action from theses guys
When nations create their own Cryptocurrencies, it can have some benefits such as empowering the national community,
use the power of the blockchain tofacilitate any end to end communication, etc
However I personally find it causing more setbacks than progress because again it acts against the whole idea behind decentralization!
Would love to hear your thoughts Steemers
Peace