Topic: Can the government or banks create their own crypto? - page 4. (Read 969 times)
The NSA government and banks can create money, but they created bitcoin currency and is completely different, the creation of government NSA and bank notes, it can be controlled, is completely centered, and bitcoin is to the center, this is the biggest difference. At random, I don't think it's possible for the government to create coins like bitcoin.
Yes they can but no one will become interested since the banks could control the user of their cypto's funds. It contradicts the principle of why bitcoin is made and supported by investors. That is the only problem I can see and they will getting a hard time to maintain the life of the crypto coin they'll made.
Yes they can actually anyone can create their own crypto currency as long as they can provide capital. I thinks there's a posibility for government and banks to create their own coin so that they will have full control over its market the only problem is if this coin will be accepted by the people and supported by majority of investors when introduce.
With the likes of government , NSA ,banks etc..Could they coordinate into creating their own crypto to defeat Bitcoin?
Creating something like 'Legal Bitcoin' , invest and pump, make it succesfull? Make markets aware
Maybe even create their own cryptography where they could still be able to decypher code if they needed to?
Creating something like 'Legal Bitcoin' , invest and pump, make it succesfull? Make markets aware
Maybe even create their own cryptography where they could still be able to decypher code if they needed to?
anyone can create a new coin so why not government , or banks cannot , they can also but the thing is how are they going to promote and maintain it, because if they create their own coin then they have to work separately as if other banks have their own coin then how will the funds will be transferred from one bank coin to another bank coin. So their are lot of difficulty if everyone create their own coin,. so bitcoin is much better to use it.
They could. Some governments have bared their plans on creating their own digital currency, and some banks have pledged to support them. It is unclear what effect that would have on Bitcoin and other crypto at the moment. We don't even know what kind of features they will implement. They won't really need to pump it because (most of) it will be based on fiat from what I've read.
With the likes of government , NSA ,banks etc..Could they coordinate into creating their own crypto to defeat Bitcoin?
Creating something like 'Legal Bitcoin' , invest and pump, make it succesfull? Make markets aware
Maybe even create their own cryptography where they could still be able to decypher code if they needed to?
Creating something like 'Legal Bitcoin' , invest and pump, make it succesfull? Make markets aware
Maybe even create their own cryptography where they could still be able to decypher code if they needed to?
Everyone can create their own crypto currency, the thing here is how many people will be investing or supporting that crypto currency in the circulation. So the obvious thing that a user can do is to be aware or cautious of that crypto because they will think that it may be a trap of the government and may be a crypto currency that is not decentralized.
Banks can create and create their own digital currency. An example of this is a ripple coin. These coins will work in their narrow sphere of banks and will not compete with the original bitcoin. States can also create their own centralized crypto currency. Most likely, she will also walk mostly inside this state and will not have much support. Therefore, I believe that such a digital currency simply can not compete with bitcoin.
With the likes of government , NSA ,banks etc..Could they coordinate into creating their own crypto to defeat Bitcoin?
Creating something like 'Legal Bitcoin' , invest and pump, make it succesfull? Make markets aware
Maybe even create their own cryptography where they could still be able to decypher code if they needed to?
Creating something like 'Legal Bitcoin' , invest and pump, make it succesfull? Make markets aware
Maybe even create their own cryptography where they could still be able to decypher code if they needed to?
Since you are new here, you must be aware that the large part of BTC is already in the hands of FBI, CIA, NSA, etc.
They dont need to create another crypo, with the unlimited amount of money they have, they can easily destroy this "dance" we are having now.
They are the puppeteer, and we are...well you know.
With the likes of government , NSA ,banks etc..Could they coordinate into creating their own crypto to defeat Bitcoin?
Creating something like 'Legal Bitcoin' , invest and pump, make it succesfull? Make markets aware
Maybe even create their own cryptography where they could still be able to decypher code if they needed to?
Creating something like 'Legal Bitcoin' , invest and pump, make it succesfull? Make markets aware
Maybe even create their own cryptography where they could still be able to decypher code if they needed to?
Jump to: