Topic: Each country will have his own altcoin , how about bitcoin? (Read 988 times)
Well i think bitcoin will still the best and its impossible that each country will release their own altcoin.. we are already using bitcoin and more store are now accepting bitcoin as payment all over the globe so.. bitcoin will stay unless bitcoin collapse after block halving..
Bitcoin will be the master of all of that altcoins, ever country will use their coins for their national use but bitcoin will be used for international use.
so in future each country will have his own altcoin, what do you think about bitcoin ?
bitcoin still be 1st crypto currency ? or the new altcoin from biggest country will replace it ?
No i doubt that we will see an altcoins for every country, maybe a couple of them will have a successful ones but definitely bitcoin will remain the most used and traded bitcoin still be 1st crypto currency ? or the new altcoin from biggest country will replace it ?
Hm.i think bitcoin can't replace any cryptocurrencies in the first place because of its widely used and first known .but this new cyrpto's will only the same or as good investment in that particular country.
this week i read 2 news same news
1. Bank of Tokyo-Mitsubishi says testing its own digital currency ( source)
2. Canada Has Been Experimenting With A Digital Fiat Currency ( source)
so in future each country will have his own altcoin, what do you think about bitcoin ?
bitcoin still be 1st crypto currency ? or the new altcoin from biggest country will replace it ?
Then it is going to be like fiat, wherein Bitcoin will be the general, world-wide accepted bitcoins while altcoins are traded into bitcoins to be spent internationally. However, I doubt that each country will have it's own altcoin though. 1. Bank of Tokyo-Mitsubishi says testing its own digital currency ( source)
2. Canada Has Been Experimenting With A Digital Fiat Currency ( source)
so in future each country will have his own altcoin, what do you think about bitcoin ?
bitcoin still be 1st crypto currency ? or the new altcoin from biggest country will replace it ?
this week i read 2 news same news
1. Bank of Tokyo-Mitsubishi says testing its own digital currency (m/2016/06/14/bitcoin-news-bank-of-tokyo-mitsubishi-says-testing-its-own-digital-currency-based-on-blockchain-technology.html] source)
2. Canada Has Been Experimenting With A Digital Fiat Currency ( source)
so in future each country will have his own altcoin, what do you think about bitcoin ?
bitcoin still be 1st crypto currency ? or the new altcoin from biggest country will replace it ?
1. Bank of Tokyo-Mitsubishi says testing its own digital currency (m/2016/06/14/bitcoin-news-bank-of-tokyo-mitsubishi-says-testing-its-own-digital-currency-based-on-blockchain-technology.html] source)
2. Canada Has Been Experimenting With A Digital Fiat Currency ( source)
so in future each country will have his own altcoin, what do you think about bitcoin ?
bitcoin still be 1st crypto currency ? or the new altcoin from biggest country will replace it ?
probably every nation or company will try to follow block chain revolution.
The code is free and published so...
a lot of groups are talking about creating their own altcoin, they call it adopting the blockchain technology not bitcoin.
but that is jut what i called then "and altcoin" and nothing can ever replace bitcoin for us.
but that is jut what i called then "and altcoin" and nothing can ever replace bitcoin for us.
Who would use state money when they could use global money? It just wont compete. Ask Canada about that. When they held a contest called "what would you buy with mintchip" (their alt-coin) the #1 answer was "I would buy bitcoin!" So they ended the contest and awarded a runner up the prize.
this week i read 2 news same news
1. Bank of Tokyo-Mitsubishi says testing its own digital currency ( source)
2. Canada Has Been Experimenting With A Digital Fiat Currency ( source)
so in future each country will have his own altcoin, what do you think about bitcoin ?
bitcoin still be 1st crypto currency ? or the new altcoin from biggest country will replace it ?
1. Bank of Tokyo-Mitsubishi says testing its own digital currency ( source)
2. Canada Has Been Experimenting With A Digital Fiat Currency ( source)
so in future each country will have his own altcoin, what do you think about bitcoin ?
bitcoin still be 1st crypto currency ? or the new altcoin from biggest country will replace it ?
I think it will be hard for other country to replace bitcoin because many people around the world are already using bitcoins for years.
Digital fiat isn't a threat to bitcoin any more than fiat is a threat to bitcoin. It is a threat to banks.
Alyssa, who owns the Central Banks? (hint: it's not the corresponding jurisdictional government).
So many other aspects of the picture you paint are pure fantasy (which is typical of you). For instance, there's no way that any of the major (now heavily consolidated) banking institutions can convincingly be allowed to go bust. The value of the derivative contracts the major banks hold is far, far too much for the markets to absorb without creating total chaos, i.e. orders of magnitude larger than the entire world economy. And these bank can't convincingly go bust without selling their "assets" as a part of the bankruptcy, and the only "buyer" would, irony of ironies, be the central banks, no different to all those defaulted mortgages that the major central banks now have amongst their "assets".
So please, educate yourself before you speak so assertively, you frequently have little idea what you're talking about (although I've noticed you do understand bureaucratic rule systems pretty well... anything to declare? lol)
Now this story is better than mine!!!
Applause for you Mister Carlton Banks
you almost got me .... but I saw what you are doing at lol! .... that made me laugh!
Digital fiat isn't a threat to bitcoin any more than fiat is a threat to bitcoin. It is a threat to banks.
Alyssa, who owns the Central Banks? (hint: it's not the corresponding jurisdictional government).
So many other aspects of the picture you paint are pure fantasy (which is typical of you). For instance, there's no way that any of the major (now heavily consolidated) banking institutions can convincingly be allowed to go bust. The value of the derivative contracts the major banks hold is far, far too much for the markets to absorb without creating total chaos, i.e. orders of magnitude larger than the entire world economy. And these bank can't convincingly go bust without selling their "assets" as a part of the bankruptcy, and the only "buyer" would, irony of ironies, be the central banks, no different to all those defaulted mortgages that the major central banks now have amongst their "assets".
So please, educate yourself before you speak so assertively, you frequently have little idea what you're talking about (although I've noticed you do understand bureaucratic rule systems pretty well... anything to declare? lol)
this week i read 2 news same news
1. Bank of Tokyo-Mitsubishi says testing its own digital currency ( source)
2. Canada Has Been Experimenting With A Digital Fiat Currency ( source)
so in future each country will have his own altcoin, what do you think about bitcoin ?
bitcoin still be 1st crypto currency ? or the new altcoin from biggest country will replace it ?
1. Bank of Tokyo-Mitsubishi says testing its own digital currency ( source)
2. Canada Has Been Experimenting With A Digital Fiat Currency ( source)
so in future each country will have his own altcoin, what do you think about bitcoin ?
bitcoin still be 1st crypto currency ? or the new altcoin from biggest country will replace it ?
Both the UK (Bank of England) also started developing it's own crypto coin, and from what i heard more countries are behind them.
There will come more countries but none of them will really succeed. They don't realize what the people want
I don't think these countries are experimenting with digital fiat because they want to replace bitcoin. It is because they want people to be able to use cash online without dealing with a third party like VISA, which charges fees.
Plus, the whole reason the banks were bailed out in 2008 was because they controlled the payment network - if you allowed the banks to fail, how would people receive their salaries, buy their groceries, pay their mortgages and taxes. However if you have digital fiat, you can do all of that on the blockchain, it won't fail because it is managed by the central bank's miners. Once they have digital fiat, they can safely allow banks to go bust without affecting commerce. That is what is behind this.
Digital fiat isn't a threat to bitcoin any more than fiat is a threat to bitcoin. It is a threat to banks.
centralized altcoin? not good, not different than fiat, i stick with bitcoin for everything that it's not centralized, if government can come up with something decentralized, i'll perhaps change my mind
one of the good things that bitcoin has brought us so far is the fact that you can use bitcoin globally without any restrictions.
so i don't really see what the point of all these country restricted altcoins can be when you can't use them freely.
so i don't really see what the point of all these country restricted altcoins can be when you can't use them freely.
I think it will same like fiat. I mean, if every country have their own altcoin, it will same as dollar, rupe, poundsterling but changed using digital coin and bitcoin will be the main coin for all country.
Countries can have their own cryptocurrencies just like they have their own fiat. There will be many altcoins and bitcoin that are outside of government control and will stay that way hopefully. I could see a small country using bitcoin as an official currency, but they won't control it.
this is so pointless in my opinion.
bitcoin or any altcoin (crypto currencies in general) are better to be decentralized not becoming a centralized coin controlled by the government or the banks.
bitcoin or any altcoin (crypto currencies in general) are better to be decentralized not becoming a centralized coin controlled by the government or the banks.
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lol that's funny to see country creating cryptocoin and got inspired by satoshi nakamoto,bitcoin will probably lead those coin as a coin which have the highest value among all,because it's the first cryptocoin ever created and have been used to be payment processor for few online stores around the world
bitcoin will still be number one, you can see the current altcoins like Lisk and ETH it still can not beat bitcoin.
but very likely in the future, there is altcoins that can surpassed bitcoin, but not replace bitcoin.
but very likely in the future, there is altcoins that can surpassed bitcoin, but not replace bitcoin.
It is hard, but not impossible!
Imagine China makes it's own coin! And then convinces Russia and India to use they coin to rule the world, USD will drop in price and some other countries will adopt China coin, then there will be another group of Middle East countries will make another coin and they both(coins) will be close in price or above BTC, after that Europe, Africa and America(north, central and south) will switch to BTC, after that Australia will join China and we will only have 3 major coins!
China coin, Middle East coin and BTC.
Oh I've almost forgot, Japan will still have yen as currency because of Mark Karpelès!!!!
Imagine China makes it's own coin! And then convinces Russia and India to use they coin to rule the world, USD will drop in price and some other countries will adopt China coin, then there will be another group of Middle East countries will make another coin and they both(coins) will be close in price or above BTC, after that Europe, Africa and America(north, central and south) will switch to BTC, after that Australia will join China and we will only have 3 major coins!
China coin, Middle East coin and BTC.
Oh I've almost forgot, Japan will still have yen as currency because of Mark Karpelès!!!!
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