Topic: China to have their own digital currency based on blockchain technology - page 5. (Read 521 times)
March 09, 2018, 02:34:52 PM
These Chinese people making the calls regarding cryptocurrencies are pretty much messed up in the head. First, they ban all Bitcoin and altcoin exchanges in an attempt to become some sort of regulating entity and now they are making their own blockchain backed altcoin. Expecting this to be a big failure as the communist government will be in firm control of this currency, making it highly centralised.
March 09, 2018, 02:25:49 PM
Source: chinese text https://www.reddit.com/r/CryptoCurrency/comments/835vc2/china_will_have_its_own_digital_currency_based_on/
What do you think? I think more real world block chain application is always a good thing, we'll see how the currency turns out though.
I don't think centralized cryptocurrency can make much of a difference for China. Cryptocurrency should be decentralized by itself, rather than controlled by a government. What do you think? I think more real world block chain application is always a good thing, we'll see how the currency turns out though.
March 09, 2018, 02:20:08 PM
Something centralized, that is useless for crypto world. All be in one base and can be changed/baned with the government.
March 09, 2018, 10:49:45 AM
Source: chinese text https://www.reddit.com/r/CryptoCurrency/comments/835vc2/china_will_have_its_own_digital_currency_based_on/
What do you think? I think more real world block chain application is always a good thing, we'll see how the currency turns out though.
What do you think? I think more real world block chain application is always a good thing, we'll see how the currency turns out though.
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