Since Facebook's announcement of the Libra project in June 2019, it is most likely that developed nations will create some kind of a digital currency. Do not get confused, a cryptocurrency is a digital currency, but a digital currency is not necessarily a cryptocurrency.
On the scale of a country, the choice of a centralized or decentralized digital currency will depend on the infrastructure and governance on which it is based. Nations witnessing unstable economies and relying on weak institutions will probably be the first to experiment and explore decentralized digital currencies stimulated by political concerns rather than technological ones. Decentralized digital currencies (cryptocurrencies) can become a powerful tool to overcome monetary challenges.
Just like Facebook, countries will enter the ecosystem through the cryptocurrency&apos...
