Quite a lot of users seem focused on Neo, ICOs and the Chinese market.
But these are my thoughts about the corporate politics and regulation influencing blockchain adoption going forward..
- Currently the Chinese government is financially over leveraged after overspending on various national infrastructure projects - like their new "One China Belt Highway" ( it's a several thousand mile, new 'Silkroad' motorway) and rail network projects.
- In my opinion, the current 'rushed' Bitcoin ban is primarily due to this over leveraging of their economy. The Chinese governments goal is to regain complete fiscal control, whilst cautiously roadmapping their blockchain policies going forward.
- Chinese authorities are also notoriously restrictive on international ownership of companies focused on their domestic market. Apple - McDonalds - KFC etc, they all need Chinese partners to enter the market. Their government doesn't appreciate money unnecessarily leaving their country.
- Also, the Chinese economy doesn't respect international law to the same extent as Europe / North America etc - for example, intellectual property rights - we've all seen the fake iPhones / clothing / electronics etc.. If any company based on Neo was being mismanaged, which lead to financial losses for international investors - I wouldn't fancy your chances..
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Qtum is based in Singapore - one of the most technologically advanced, lawful and educated nations in the world.
- Again - in my opinion - Singapore's ICO ban is focused on protecting investors - compared to China's ban, which focuses on protecting their governments finances.
- I personally expect the China Bitcoin ban to last longer than anything upheld by the more "dynamic" Singaporean authorities.
- Also, if any company was involved in a business practice which "illegally or morally undermined Singapore's corporate integrity or trust to international investors" - in my opinion, the individuals' consequences would be far greater..
- Make no mistake - the potential Asian blockchain market is huge. But after the recent (and on-going) North Korean nuclear missile tests - Japan / South Korea / Taiwan etc based companies or Bitcoin exchanges would probably prefer working with Qtum ahead of Neo / China..
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Plus - the technology is pretty darn good!
Personally, I appreciate the uber-stable Bitcoin core blockchain - with Ethereum VM functionality built on-top.. Sounds like the winning combination - we can sit back and relax whilst other communities continually keep forking
I think Qtum's future remains the brightest of all Altcoins!
Just my thoughts anyway - and would be interested to hear the opinions of other members.
PS - Have we got any info on Qtum POS rates yet..?
Singapore has NO ICO Ban.
Singapore has in fact the most ICOs in the world currently
Singapore HAS regulations.
Please inform yourself a bit better before thanks
I bet you're the 'life and soul' of any party...
Sorry if I made a mistake - the article which I was reading stated that Singapore were looking into temporarily banning ICOs - along with America and Japan - whilst they investigated regulation to stop bad ICOs, which would be a good thing! It's unlikely we'll ever achieve $100,000/btc whilst the industry is still the "wild west" infancy stage? Thought the article said it'd already happened..
And didn't say Singapore had no regulation - I said the Singapore regulators are looking at protecting investors - while the Chinese state are looking at protecting their own interests.. It's communism verses capitalism.
Didn't realise everything in 'your' forum had to be verbatim. Thought forums were the place to knock a few ideas around - I'm a Qtum supporter - it'd be nice if we could all stick together..
And if you're only looking out for yourself - Qtum price will rise faster if everyone in the community felt valued and respected.
Please get off your 'high horse', 'put your big boy pants on' and try be a more pleasant person. Thanks