Since paper is pretty much obsolete at this point, national governments across the world have engaged in somewhat of an arms race for who can create the best national cryptocurrency that dominates the market like Bitcoin is currently doing.
Instead of just having giants like Bitcoin, Ethereum, and Ripple comprise the top coins, national cryptocurrencies will now also be in the race for who holds the most power across the market.
For those of you who were expecting the infamous Petro to make a return, you are unfortunately quite wrong. Trump’s persistence to bar all trade with Venezuela will destroy the Petro and allow for other nations to step into the spotlight and take the stage by storm with their own cryptocurrency.
Given the current attitude towards adopting national cryptocurrencies, we’ll be seeing a quick change of heart as soon as the market takes off in a few years.
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