22 European Nations Form New Blockchain Partnership - page 2.

hosseinimr93

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This is good news, but we have to take note that its blockchain, and blockchain can mean lots of things, if they will include cryptocurrency in their dealings then it will be good for us, if not then the partnership wont be of much help

You are right. But I think it will help bitcoin and other cryptocurrencies too. Cryptocurrencies are the biggest product of the blockchain technology. These countries are discussing about the blockchain technology because of existence of the cryptocurrencies.

Slark

legendary

Activity: 1862

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Quote from: markj113 on April 12, 2018, 03:23:44 PM

The beginning of the end for Bitcoin in the EU.

They will develop and release their own controlled crypto for use within the EU then eliminate any competition.

I have been saying this for a long time.

Bitcoin = Beta testers for the software.

As much as I hate this scenario and I wish it never happen - yet I know that you might be the closest to the truth than anyone in this thread.
European blockchain partnership is definitely not a good news as many people here would like to think.
This partnership is not about promoting bitcoin or any existing cryptocurrency - they would try to exploit this technology instead.
It is more about measuring the current market potential and based on that observation devise a controlled version of new private crypto.

dothebeats

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Cashback 15%

Idk why but I get the vibe that this might be another mess in the making. Though it's good that they're recognizing the potential of the blockchain, still they wouldn't acknowledge bitcoin as the first true utilization of the blockchain tech. Without bitcoin, there would be no blockchain and vice versa. But anyway, though, we all know that any publicity is still good publicity for bitcoin, and there's still a bunch of people mixing up blockchain and bitcoin so it might turn out good or in favor of bitcoin.

btyco

copper member

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Merit: 4

Great news, this is going to be the start of something big. Investors are on board and governments too. This bull run show is going to be spectacular

Doge dealer

sr. member

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this is indeed very good news for crypto currency because now what this would suggest that the future of money is indeed to be found in the crypto world , this would be good for bitcoins in the sense that what we would have is a case of our bitcoins vs whatever they will call theirs and knowing the US they will do whatever is required to ensure that their coin is the top coin , hold onto your seats people its about to get very interesting .

Pamplelune

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I think that we are quite far from serious government controled blockchains.
But what's the most important for crypto market today is a green, bulish trend.

babarian

full member

Activity: 658

Merit: 100

Quote from: Pamplelune on April 12, 2018, 07:36:55 AM

Good news came today from Europe:

The countries, including the U.K., France, Germany, Norway, Spain and the Netherlands, signed a declaration on Tuesday establishing the new group, dubbed the European Blockchain Partnership, according to a release from the European Commission, which led the effort.

22 European Nations Form New Blockchain Partnership

hopefully other countries in other continents can also follow the footsteps of the countries in Europe so that bitcoin growth will be faster to become a global digital currency around the world

markj113

legendary

Activity: 2254

Merit: 1043

The beginning of the end for Bitcoin in the EU.

They will develop and release their own controlled crypto for use within the EU then eliminate any competition.

I have been saying this for a long time.

Bitcoin = Beta testers for the software.

onnz423

hero member

Activity: 840

Merit: 508

Make winning bets on sports with Sportsbet.io!

Quote from: Xester on April 12, 2018, 07:46:06 AM

Quote from: Pamplelune on April 12, 2018, 07:36:55 AM

Good news came today from Europe:

The countries, including the U.K., France, Germany, Norway, Spain and the Netherlands, signed a declaration on Tuesday establishing the new group, dubbed the European Blockchain Partnership, according to a release from the European Commission, which led the effort.

22 European Nations Form New Blockchain Partnership

This will be a good news to them but not to us. The European Union is planning to create their own digital currency using blockchain technology that will be used in government services as well in their economy. They are planning to use such currency as a medium of exchange for buying goods within their territory. Such digital assets I guess will not be placed on the market but it is the 22 countries who will agree on the value of the coin so they can practically use it like the fiat currency but now only in digital form.

If they do release such a coin, then it will probably be huge. Assuming it is subject to the same price volatility as current cryptocurrencies, which would allow explosive growth and adoption. If they simply tether the price to the EUR, then I don't see why anybody would get excited. Either way, we should avoid a government controlled cryptocurrency, this isn't what we want.

bitart

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Vires in Numeris

Quote from: Pamplelune on April 12, 2018, 07:36:55 AM

Good news came today from Europe:

The countries, including the U.K., France, Germany, Norway, Spain and the Netherlands, signed a declaration on Tuesday establishing the new group, dubbed the European Blockchain Partnership, according to a release from the European Commission, which led the effort.

22 European Nations Form New Blockchain Partnership

Good news... we'll see...
I would have been much more happy if they had established the European Bitcoin Parnership Tongue

Governments can make regulations in the favour of their blockchain and to make bitcoin a hard time (taxing bitcoin more than their own blockchain), so I'm not 100% sure that this is good news...

BrewMaster

legendary

Activity: 2114

Merit: 1293

There is trouble abrewing

the existence of this partnership or whatever this group is doesn't matter and you can't consider it good or bad. even the promises they make don't matter. what matters most is what they are going to do about bitcoin and regulations in general. if it is a wise and smooth rout it will be good but we are not always lucky and they may set some unreasonable regulations in place.

Javanewstar

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The Experience Layer of the Decentralized Internet

This is good news, the blockchain is getting more and more attention from countries.
The blockchain and the cryptocurrency market are inseparable, which will drive up the price of tokens.

ghost07

sr. member

Activity: 602

Merit: 255

Quote from: Pamplelune on April 12, 2018, 07:36:55 AM

Good news came today from Europe:

The countries, including the U.K., France, Germany, Norway, Spain and the Netherlands, signed a declaration on Tuesday establishing the new group, dubbed the European Blockchain Partnership, according to a release from the European Commission, which led the effort.

22 European Nations Form New Blockchain Partnership

this will be a big news to all holders and to all people who believe in bitcoin. when this is already done i think bitcoin price will increase rapidly. for me this will be the time for buying more bitcoin. those big countries will help bitcoin be famous around the world.

Xester

hero member

Activity: 994

Merit: 544

Quote from: Pamplelune on April 12, 2018, 07:36:55 AM

Good news came today from Europe:

The countries, including the U.K., France, Germany, Norway, Spain and the Netherlands, signed a declaration on Tuesday establishing the new group, dubbed the European Blockchain Partnership, according to a release from the European Commission, which led the effort.

22 European Nations Form New Blockchain Partnership

This will be a good news to them but not to us. The European Union is planning to create their own digital currency using blockchain technology that will be used in government services as well in their economy. They are planning to use such currency as a medium of exchange for buying goods within their territory. Such digital assets I guess will not be placed on the market but it is the 22 countries who will agree on the value of the coin so they can practically use it like the fiat currency but now only in digital form.

Pamplelune

member

Activity: 294

Merit: 11

WAWLLET - World’s first multi-asset wallet

Good news came from Europe today:

The countries, including the U.K., France, Germany, Norway, Spain and the Netherlands, signed a declaration on Tuesday establishing the new group, dubbed the European Blockchain Partnership, according to a release from the European Commission, which led the effort.

22 European Nations Form New Blockchain Partnership

Topic: 22 European Nations Form New Blockchain Partnership - page 2. (Read 302 times)