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Topic: Did you think alt coins can merge to only one coin? - page 3. (Read 540 times)

sr. member
Activity: 840
Merit: 254
All over the wold today they are discussion on blockchain technology. Can someone tell me if someday top economy or world power may consider bringing only one coin?
Not going to happen this is similar to the talks about having a single fiat currency and while it may sound good in theory it is a terrible idea, for example look at bitcoin and monero, monero is a coin that concentrates on privacy above anything else this makes scalability an issue but your anonymity is very good, bitcoin in the other hand does not offer anonymity but it scales better, so it is better to have two separate coins than to have a single one that is unable to perform any of those two things in a decent way.
full member
Activity: 413
Merit: 100
All over the wold today they are discussion on blockchain technology. Can someone tell me if someday top economy or world power may consider bringing only one coin?
Absolutely NO. Thats one easy reason:
The usecases for altcoins are are wide-sreaded, so you can't create one coin, which all includes.
We will see more specialeced coins to solve ONE (or maybe two) real problem, not all of them.
If that happens so soon,I can't do anything about it because at first place I'm not the one who creates altcoin. Whoever the admin or owner of altcoin,he is the only one who can do something about it. Unfortunately, if it merged to only one coin,it may compete with bitcoin and the rest of other coins that leads to confusions and it becomes complicated.
newbie
Activity: 14
Merit: 0
No, i do not think so. Altcoins have their own aim and plans. so they will stay separate and focus on different sectors of service to human financial needs.

 Smiley
member
Activity: 364
Merit: 10
I think it is very wrong by the terms of the crypto world itself. What I mean is that crypto concept is all about creating projects, which are supported by currencies themselves and at least there would be 50+ currencies, not only one coin.
jr. member
Activity: 448
Merit: 2
All over the wold today they are discussion on blockchain technology. Can someone tell me if someday top economy or world power may consider bringing only one coin?
I think that the single global cryptocurrency, if it ever will be, our generation will not see it. The legal regulation and recognition of cryptocurrencies as a national means of payment on an equal basis with money, as well as interest-free conversion of one currency into another would be a success. That would be a huge breakthrough.
newbie
Activity: 182
Merit: 0
In my opinion, it is not possible. At least bitcoin will not do this. Bitcoin is the market leader and it has its own policy and motto that is favorable to the investors. Different coins have different vision and to merge them into one is really impossible. Moreover such type of merger will affect the decentralization idea also. Bitcoin will not compromise with this policy.
member
Activity: 336
Merit: 10
This is feasible. But it takes a long time to come true, I believe one day there will be a coin of global domination.
jr. member
Activity: 224
Merit: 1
“Revolutionizing Brokerage of Personal Data”
All over the wold today they are discussion on blockchain technology. Can someone tell me if someday top economy or world power may consider bringing only one coin?

I see you don't understand that crypto economy at all. There are certain coins with certain purpose. Nowadays it's not only about making the best copy of bitcoin, it's about very specific services. Please study each project, then you might understand.
sr. member
Activity: 1288
Merit: 319
All over the wold today they are discussion on blockchain technology. Can someone tell me if someday top economy or world power may consider bringing only one coin?
Absolutely NO. Thats one easy reason:
The usecases for altcoins are are wide-sreaded, so you can't create one coin, which all includes.
We will see more specialeced coins to solve ONE (or maybe two) real problem, not all of them.
full member
Activity: 574
Merit: 102
I think this possible but with a very low chance. I don't see coins merging in to one and I don't think the devs of two different coins will unite as one. But multiple coins is good for healthy competition and improvement of cryptocurrencies.
jr. member
Activity: 238
Merit: 7
No, it is unrealistic to happen, as altcoins are based on different projects based on blockchain technology and their price is determined by the product, incidence or some natural factors. And it needs some funds from several parties to build their project which is likely near to stock investment. As stocks are of some companies offering a product so as cryptocurrencies are also of some ICO team that offers a product. In stocks, there are several companies that offer same product and as so same with different altcoins having the same product. So it is unlikely to happen that some superpower brings one coin and impose it all over the world countries to adopt it. altcoins are just a business that people are doing to earn money by adopting new technology i.e., blockchain. Simple!
sr. member
Activity: 2030
Merit: 269
All over the wold today they are discussion on blockchain technology. Can someone tell me if someday top economy or world power may consider bringing only one coin?

Maybe that could happen, but right now there's too much competition in the industry if there are a regulation and countries finally adapt cryptocurrency we might see this happening I hope we are still alive to see this happens or in our generation.
full member
Activity: 532
Merit: 100
yes it would be very difficult to merge alt coins into one coin but i think it may be possible to create seamless integration between the pairs. For example selecting either ether or bitcoin for payment and then the "System" will automatically do the swap between the necessary utility token behind the scene and process the transaction.
full member
Activity: 2128
Merit: 180
All over the wold today they are discussion on blockchain technology. Can someone tell me if someday top economy or world power may consider bringing only one coin?

Well, that's not gonna happen easily since every altcoins have their own functions so for sure this will not happen even in the future. Not all altcoins are good so there is no reason to combined and merge into one, we really need the competition because only those good coins will survive in the future and people will support good coins only. This is really impossible to happen Smiley
sr. member
Activity: 574
Merit: 251
All over the wold today they are discussion on blockchain technology. Can someone tell me if someday top economy or world power may consider bringing only one coin?
Umm no, each of the alts serves different purposes to each other so it will be hard to consider them to become one coin, also their dev also have a different ideal and goal so it is impossible to become one. It is the same reason as why it is impossible for the world to unite and become one country. On the other hand i don't mind them going separate way because their coin have their own purposes.
newbie
Activity: 123
Merit: 0
I don't think it's possible. Today there are so many different coins and all of them have different targets and purposes, so i can't see how they can be merged to only 1 coin.
sr. member
Activity: 561
Merit: 255
Going stealthy
All over the wold today they are discussion on blockchain technology. Can someone tell me if someday top economy or world power may consider bringing only one coin?

Not possible but it can interoperable and talk to each others.
member
Activity: 532
Merit: 41
https://emirex.com
All over the wold today they are discussion on blockchain technology. Can someone tell me if someday top economy or world power may consider bringing only one coin?

I respect your personal views on this matter, logically it wont happen to merge into one coin, altcoins are composed of many tokens and coins which are different in their business focus, think of this way, a one coin is focusing on the development of gaming industry and the other is focusing on real estate., it would not possible to merge.,but based on your statement, i think if it could happen? then altcoin will go higher in its price. But thinking to that, i am maybe looking at the stars in the nights.

I also got interested into this idea haha, how about if it could be possible to merge, maybe i will become rich someday because i have lots of altcoins in my wallet.

Goodluck
newbie
Activity: 210
Merit: 0
All over the wold today they are discussion on blockchain technology. Can someone tell me if someday top economy or world power may consider bringing only one coin?
this is something unreal, there are now a lot of cool blockchain technologies, and they can not disappear
sr. member
Activity: 1313
Merit: 278
I think that now it is impossible. I can compare the coins of each individual project with the shares of the project because all projects are different. This can happen in the distant future.
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