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Topic: My Points Why Crypto Future Will Be Totally Unstoppable - page 4. (Read 670 times)

full member
Activity: 896
Merit: 115
It's not even debatable. Everything is clear enough. Crypto will make banks do beyond what they can do , they are losing people's interest already. It's time the crypto industry take hold of all these lapses before they close it.
hero member
Activity: 1470
Merit: 509
2019 is finally coming to an end, i can't help but keep thinking that huge money will flow into crypto world soon, here are few reasons to back my claim

1. Banks are very slow in their reaction towards virtual currencies yet by now over 70% of central banks around the world are looking into crypto.

2. Major changes will surely rise because bigger transnational organizations are showing interest in crypto.

3. China is really leading the way with their upcoming owned central bank digital currency (CBDC) which will be the first of its kind.

4. To add to this list of mine i read somewhere that Mark Zuckerberg is pointing out to China as the reasons why U.S should act quickly in regard to crypto, he personally believes that U.S needs to see more progress with cryptocurrencies.

Honestly i believe Libra is supposed to bring a new huge changes to the world of international transactions but who can predict what will happen about Libra? Because Bitcoin is still the mother of all cryptocurrencies and Libra still relies on fiat currencies as underlying assets. Bitcoin is decentralized and other crypto assets with their own use cases and purposes will likely keep existing side by side of bitcoin. Wrong? Or Right? Drop me your points
It is impossible for the current monetary system to keep pace with the current development. Even if they do not want, they will be obliged to install a faster, more secure payment system, so cryptocurrencies. We can come to this conclusion even without arguing about Libra.

Ofcourse crypto future unstoppable, because government and so in cant track currencies
There are several privacy coins that governments can not track. Apart from that, the others can be track at any time by anyone.
member
Activity: 287
Merit: 10
Yes totally agree with all your statements, viewed from anywhere cryptocurrency is better than fiat currency. In terms of durability, efficiency, transaction speed and security. I am sure that in the future crypto will secure fiat money.
member
Activity: 322
Merit: 10
Ofcourse crypto future unstoppable, because government and so in cant track currencies
sr. member
Activity: 567
Merit: 270
Money has evolved overt one and while it might have started with physical money, it progressed to electronic money and then Blockchain technology was invented and then came Cryptocurrencies, which is the logical next step in the evolution of money, I believe Cryptocurrencies are unstoppable because it's what the world needs right now, a transparent way to send funds all over the world fast and easy.
hero member
Activity: 1432
Merit: 500
You have a great vision in crypto because what you noted the points in your post that shows what will going to happen in crypto by coming days those all things are going to change crypto future will be unstoppable.
member
Activity: 406
Merit: 14
Crypto future is looking good and big companies are looking into using the technology, 2019 is only bad on market value but so far the year is full of new steps we haven't seen in the past like bitcoin futures, central banks interesting in the tech and china too, can't wait to see what 2020 have in store
sr. member
Activity: 784
Merit: 251
It's true that crypto won't really be stopped. but fiat and crypto money will coexist during this decade, until the mainstream adoption takes place. seeing the realm of progress in crypto-world lately indeed the population is increasing, but what I surprise crypto is no longer like the beginning of the mission created, now too many centralized rules that make fans increasingly more and more bound.
member
Activity: 518
Merit: 28
If i have to judge crypto using the news surrounding the technology since 2018 i will say that crypto is doing very well, since thd beginning of this year so many good news did happened, from JP Morgan down to Libra, it's all fine but people cares more about profit making, it might take more time to see another huge wave of bull run but it's very possible
sr. member
Activity: 1106
Merit: 255
Betking.io - Best Bitcoin Casino

1. Banks are very slow in their reaction towards virtual currencies yet by now over 70% of central banks around the world are looking into crypto.

3. China is really leading the way with their upcoming owned central bank digital currency (CBDC) which will be the first of its kind.


1. Can you please show some stats which can prove that now over 70% of central banks around the world are looking into crypto.
I differ with this, banks are in mood of accepting crypto as its direct threat to there interests.

3. Such currencies are centralized one and has no resemblance with cryptocurrency.
member
Activity: 1022
Merit: 10
with the future service on release with the offers as deliverance, users or partisan with the business on online merchantile might gains of option as the use of service from developer to manage with distinctive on customs as modifying use with different modest on selection of technical manage with work on methodological terms of qualification.
member
Activity: 490
Merit: 10
Facebook Libra is not going anywhere because not only government is against the digital currency, it's like it can't be trusted enough for them, digital currencies are just getting more popular and i belief many new things will happen start next year
sr. member
Activity: 1680
Merit: 262
if you look at some of the points you mentioned earlier, there is great optimism that crypto will indeed be difficult to dammed. but to make the crypto market continue to grow, I personally do not agree if the "FaCeBooK boss" makes launching his stablecoin to the public.
sr. member
Activity: 798
Merit: 250
One of the reason why Libra was neglected by big online payment giants is lack of regulation, it's same thing with most crypto coins today, regulations will only have effect on centralized coins and not decentralized that is if regulation ever happened
Yes, that's right, because centralized coins are still very popular and liked by many people in cryptocurrency, so Libra tokens feel like they are ignored by online payments, whereas Libra tokens are also good tokens to be used as online payments.
sr. member
Activity: 939
Merit: 256

3. China is really leading the way with their upcoming owned central bank digital currency (CBDC) which will be the first of its kind.

I think China's currency will be hard to achieve. People love cryptocurrencies because it's decentralized and not subject to government regulation. A currency managed by the government and central bank is no different from fiat currency and it will be hard to find investor confidence.
full member
Activity: 954
Merit: 104
ludenaprotocol.io
The chinese digital yuan currency is one big joke. I do not understand why in crypto community is spread that it is a cryptocurrency. As you can see, the name doesn´t contain a word: cryptcurrency. So please, stop talking about it as a cryptocurrency.  Cool
member
Activity: 490
Merit: 16
One of the reason why Libra was neglected by big online payment giants is lack of regulation, it's same thing with most crypto coins today, regulations will only have effect on centralized coins and not decentralized that is if regulation ever happened
hero member
Activity: 1249
Merit: 506
I agree that cryptocurrencies are the trend of the world and unstoppable. However, as the cryptocurrency needs more efforts to achieve its desired position, governments are still very concerned about the devastation of cryptocurrencies on the financial side.
There may need to be a compromise between the cryptocurrency market and the financial market for cryptocurrencies to grow.
hero member
Activity: 1358
Merit: 509
Honestly i believe Libra is supposed to bring a new huge changes to the world of international transactions but who can predict what will happen about Libra? Because Bitcoin is still the mother of all cryptocurrencies and Libra still relies on fiat currencies as underlying assets. Bitcoin is decentralized and other crypto assets with their own use cases and purposes will likely keep existing side by side of bitcoin. Wrong? Or Right? Drop me your points
Libra's benefit to the needed crypto industry may be about adopting. Because Libra considers crypto the way it wants, not like us. I agree with supporters that it will provide some convenience and will be useful but it is different from the cryptocurrencies we know. But can you see that they can now slowly impel us to their desired destination?
full member
Activity: 924
Merit: 106
homt.net
The main problem is that bank solutions do not suit current global economy. Global business needs security and super fast international payments. And not restrictions and limits that are imposed by banks.
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