Topic: Coin War: Can A Country Officially Back Bitcoin? - page 3. (Read 790 times)
Can't take XRP too serious when they are complaining about centralization. They are themselves one of the most heavily centralized projects in crypto.
This sounds like a funny joke actually.
BTC backed by China would mean that they use for all day gov stuff? in this case, we will see a lot of tx. but sounds not very clever.
Maybe we see Neo backed by China, in the end, they are already cooperating, didn't they?
in any case, an interesting history to follow.
BTC backed by China would mean that they use for all day gov stuff? in this case, we will see a lot of tx. but sounds not very clever.
Maybe we see Neo backed by China, in the end, they are already cooperating, didn't they?
in any case, an interesting history to follow.
Now if the insinuations by the Ripple chief is correct, what would stop China from backing Bitcoin? We may have a situation in which the two coins become the main contending 'giant coins'. What will be the effect of an official support of Bitcoin by China in reaction to US XRP backing. Is it even possible that a country will take an official supportive role for a coin? https://cryptoinfowatch.com/us-government-may-be-taking-a-look-at-ripple-as-concern-mounts-over-chinas-bitcoin-dominance/
in my opinion it is a form of US concern about bitcoin which is dominated by China. No matter how good XRP, of course we will consider BITCOIN to be the king of cryptocurrency and will never be replaced. US may be too relaxed in responding to this so they feel rivaled by China. This also has an impact on the economy that occurred 
Now if the insinuations by the Ripple chief is correct, what would stop China from backing Bitcoin? We may have a situation in which the two coins become the main contending 'giant coins'. What will be the effect of an official support of Bitcoin by China in reaction to US XRP backing. Is it even possible that a country will take an official supportive role for a coin? https://cryptoinfowatch.com/us-government-may-be-taking-a-look-at-ripple-as-concern-mounts-over-chinas-bitcoin-dominance/
Firstly the US aren't going to back ripple or any other coin, a country can encourage their citizens to use a certain coin if they wanted to (I doubt they would) and of course they could try to buy a large supply of the coin themselves but no country, no person, no thing can control bitcoin.
This is a joke I think, why would US backed Ripple and what do China gained supporting or Backing Bitcoin, one thing Government don't like is losing control and with Bitcoin you can't have that and also the distribution of BTC and Ripple is in the hands of few people this would make them to people in control of the monetary system of the world just like the Rockefellers. Both countries would rather start their own chain than support Bitcoin and Ripple
It would not have any impact other than both coins pumping hard while the others are left in the dark. They are tradable against each other just like USD and the Japanese yen
haha, when they advertise Ripple they should really try to avoid words like "centralized" so that maybe we are not reminded by how centralized XRP is and maybe some readers are fooled enough to look at this token twice 
Now if the insinuations by the Ripple chief is correct, what would stop China from backing Bitcoin? We may have a situation in which the two coins become the main contending 'giant coins'. What will be the effect of an official support of Bitcoin by China in reaction to US XRP backing. Is it even possible that a country will take an official supportive role for a coin? https://cryptoinfowatch.com/us-government-may-be-taking-a-look-at-ripple-as-concern-mounts-over-chinas-bitcoin-dominance/
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