Topic: Is Facebook and JP Morgan's new coins bad for Cryptocurrencies? - page 2. (Read 245 times)
You should understand that any large company that will enter the cryptocurrency market and seeks to populize its token and no more, because companies of this kind understand that the market is very competitive and they simply cannot withstand it if they conduct an aggressive policy.
"With banking institutions investigating digital coins that could one day find consumer use, we might be losing the highly important decentralised and trustless nature currently attributed to cryptocurrencies. The same applies for large-scale corporations such as Facebook, people would be trusting a company responsible for the grossly dishonest Cambridge Analytica Scandal whose CEO described his trusting users as “dumb f**ks”, with vast amounts of payment data."
Read an interesting article linked below, curious to hear everyone's opinions on how the industry is unfolding?
https://medium.com/@marcus_61942/decentralised-cryptocurrencies-vs-digital-currencies-3811e36cc94f?postPublishedType=initial
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