Topic: Old Blockchain Vs new Blockchain ..... Bitcoin & Co Vs Amazon, Google, Facebook - page 2. (Read 382 times)
May 27, 2019, 07:28:33 AM
First of all I would like to correct you by saying that there is only on Blockchain. There is nothing like old or new. The answer is NO nothing will get affected if these companies start their own Cryptocurrency. It is highly unlikely that they will allow their currency to be traded on an exchange.
May 27, 2019, 06:50:09 AM
It's been a little over a year since I made this post and on May 17, Facebook revealed to Reuters that it had registered with new company, Libra Networks, in Geneva on May 2, thus sanctioning entry and the company's first foray into the world of blockchain technology.
https://www.coindesk.com/facebook-registers-secretive-libra-cryptocurrency-firm-in-switzerland?amp
A few days later, on May 24th, Facebook officially announces to the whole world that it is planning to set up digital payments system by the first quarter of 2020.
https://www.bbc.com/news/business-48383460
From the first rumors it seems that Zuckerberg has had meetings and agreements with the governor of the Bank of England Mark Carney, but I am almost certain that the meetings and agreements do not stop "only" at Carney; there is also talk of other agreements with merchants and online sites.
From the first rumors it would seem that GLOBALCOIN of Facebook, this is the name chosen, wants to avoid the oscillations of traditional crypto, and to do this the value of the currency will be anchored to a basket of traditional consolidated currencies, such as the dollar , the yen, the euro.
A potential and immediate market of over 2 billion users (Facebook, Instagram, WhatsApp), combined perhaps with the equally huge Amazon market (with which it could establish an "easy and perfect" alliance), what will and will provoke in the market of the current cryptocurrencies?
Bitcoin and a few other Coins, through the upcoming Bakkt and Etf (only postponed), will probably remain and continue their way, growth and development, but what will happen with the other 10,000 coins / tokens?
As soon as everyone accepts and knows the digital currencies, and everyone passes Kyc / Aml, how will the regulator deal with the anonymous coins, and what will they do?
Time is running out and we will soon have the answers!
Meanwhile, what do you think?
https://www.coindesk.com/facebook-registers-secretive-libra-cryptocurrency-firm-in-switzerland?amp
A few days later, on May 24th, Facebook officially announces to the whole world that it is planning to set up digital payments system by the first quarter of 2020.
https://www.bbc.com/news/business-48383460
From the first rumors it seems that Zuckerberg has had meetings and agreements with the governor of the Bank of England Mark Carney, but I am almost certain that the meetings and agreements do not stop "only" at Carney; there is also talk of other agreements with merchants and online sites.
From the first rumors it would seem that GLOBALCOIN of Facebook, this is the name chosen, wants to avoid the oscillations of traditional crypto, and to do this the value of the currency will be anchored to a basket of traditional consolidated currencies, such as the dollar , the yen, the euro.
A potential and immediate market of over 2 billion users (Facebook, Instagram, WhatsApp), combined perhaps with the equally huge Amazon market (with which it could establish an "easy and perfect" alliance), what will and will provoke in the market of the current cryptocurrencies?
Bitcoin and a few other Coins, through the upcoming Bakkt and Etf (only postponed), will probably remain and continue their way, growth and development, but what will happen with the other 10,000 coins / tokens?
As soon as everyone accepts and knows the digital currencies, and everyone passes Kyc / Aml, how will the regulator deal with the anonymous coins, and what will they do?
Time is running out and we will soon have the answers!
Meanwhile, what do you think?
May 14, 2018, 10:27:22 AM
We all love the crypt and the blockchain because they make us feel free; after some centuries of economic and financial slavery there seems to have been a new light and hope for many people, oppressed by institutions and banks, and cut off from economic growth and personal happiness.
Since 2009, with the birth of the first crypt, BITCOIN, and in particular in the last 2-3 years (before the whole market was insignificant), there has been an exponential increase in wealth, popularity and interest, which has brought crypts at the hands of the early pioneers (formerly simple neerds, today very wealthy) to those of many other people, men and investors awake and / or crazy.
What has distinguished the crypto until today has been their decentralized system, the security of having the total and absolute ownership of their money, the speed to move them as, when and how much I want, at low costs and, in part, their anonymity.
All these characteristics are ignored and violated today, and in fact we see more and more coins born with centralized systems or for the most part in the hands of the team or foundation; we see the security of the portfolios, of the smart contracts and of the sites themselves continually violated (and with it our funds); networks and blockchains very often blocked, with often high transaction costs and slow transfers, especially between two exchanges.
Finally, in recent months we have witnessed the increasingly frequent rumors of large companies that, interested in the blockchain and the benefits it brings, want to develop and spread their blockchain and their currency.
Telegram, Facebook, Amazon and Google spread ads every week on the possibility of developing all this.
When all this is done (attention, I am not saying if, but when) do you think it will mark the end, the downsizing or the replacement of most of today's crypts and with them what they have represented so far? Freedom and anonymity!
When Amazon or eBay will really develop its coin and its blockchain (exploiting the technology of others, just because open source systems) by offering speed, security and anonymity in it, do you think we will still use today's crypts?
When Facebook or Telegramm or Google will also offer their own payment systems, storage, or new exchanges with new crypto, proprietary and centralized currency, do you think we will still use litecoin or ripple or stellar or monero?
Will the old monopolistic systems and oligarchs, through banks, the press and governments, manage to overwhelm and suppress this new spirit of economic freedom? They have plenty of money and resources.
We will have the final choice. Widen and spread knowledge, knowledge and economic and financial freedom through the freedom and decentralization of these new technologies and coins, or make us delude and corrupt by new promises and proposals that will impose us, through discounts on purchases, ease of use , reimbursements and coupons, disinformation and prohibitions.
In any case, we will see interesting times!
Thank you for your reading.
Since 2009, with the birth of the first crypt, BITCOIN, and in particular in the last 2-3 years (before the whole market was insignificant), there has been an exponential increase in wealth, popularity and interest, which has brought crypts at the hands of the early pioneers (formerly simple neerds, today very wealthy) to those of many other people, men and investors awake and / or crazy.
What has distinguished the crypto until today has been their decentralized system, the security of having the total and absolute ownership of their money, the speed to move them as, when and how much I want, at low costs and, in part, their anonymity.
All these characteristics are ignored and violated today, and in fact we see more and more coins born with centralized systems or for the most part in the hands of the team or foundation; we see the security of the portfolios, of the smart contracts and of the sites themselves continually violated (and with it our funds); networks and blockchains very often blocked, with often high transaction costs and slow transfers, especially between two exchanges.
Finally, in recent months we have witnessed the increasingly frequent rumors of large companies that, interested in the blockchain and the benefits it brings, want to develop and spread their blockchain and their currency.
Telegram, Facebook, Amazon and Google spread ads every week on the possibility of developing all this.
When all this is done (attention, I am not saying if, but when) do you think it will mark the end, the downsizing or the replacement of most of today's crypts and with them what they have represented so far? Freedom and anonymity!
When Amazon or eBay will really develop its coin and its blockchain (exploiting the technology of others, just because open source systems) by offering speed, security and anonymity in it, do you think we will still use today's crypts?
When Facebook or Telegramm or Google will also offer their own payment systems, storage, or new exchanges with new crypto, proprietary and centralized currency, do you think we will still use litecoin or ripple or stellar or monero?
Will the old monopolistic systems and oligarchs, through banks, the press and governments, manage to overwhelm and suppress this new spirit of economic freedom? They have plenty of money and resources.
We will have the final choice. Widen and spread knowledge, knowledge and economic and financial freedom through the freedom and decentralization of these new technologies and coins, or make us delude and corrupt by new promises and proposals that will impose us, through discounts on purchases, ease of use , reimbursements and coupons, disinformation and prohibitions.
In any case, we will see interesting times!
Thank you for your reading.
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