Author

Topic: Seriously why shouldnt anyone have his own Cryptocurrency (Read 127 times)

newbie
Activity: 70
Merit: 0
If you make your own cryptocurrency and it has a value of zero than whats the point of having own cryptocurrency. Only good organizations or strong renowned team can have good cryptocurrency. Because they will provide enough resources to gain the trust and interest of the Investors.
legendary
Activity: 3472
Merit: 10611
why shouldnt anyone have his own money, is the question now
definition of money is clear. it has certain attributes such as being a medium of exchange, a unit of account, a store of value and sometimes, a standard of deferred payment.[1] but the main attribute is anything that is widely used and accepted to do all those things above.
if everyone starting creating their own money there will be chaos. imagine you bought a printer, designed a currency and printed it on special papers. can you go to the grocery store and buy stuff with it? you can try to convince someone else to accept it then someone else but after a lot of effort you won't be able to get many to do it. so what you have just printed can not be money.
not to mention that because you were not familiar with the process of printing money, had no access to special expensive printers government uses to print money, and also didn't have the special paper for money and a lot of other factors your money can easily be faked. i can also print the same thing at my home which means your money has no value either.

[1] https://en.wikipedia.org/wiki/Money

Quote
what makes the bitcoinsect so special that it can have a currency and others not, and why should it be treated favourable regarding market attention, listening and indexing?
one word: adoption!
people chose bitcoin to be a currency, they saw others, weren't impressed so they decided to use altcoins for pump and dumps only. you can't force people to what they don't want to do.
newbie
Activity: 120
Merit: 0
The rise of smart contract and blockchain will encourage business corporations to create their own coins and even individuals will like to have their coins to support their brands.
newbie
Activity: 11
Merit: 0
Yeah everyone should have their own cryptocurrency, and everyone's cryptocurrency including bitcoin, will have 0 value. gg
member
Activity: 378
Merit: 10
Nobody is against the appearance of new coins! the whole world is worried: the emergence of new scammers projects! 90% of projects with the creation of new crypto coins - close or fall very much in price! or sometimes just run away with money! I'm sure that this market needs to be regulated, otherwise there will be very much no confidence in the entire crypt world! and bitcoin is the future, I'm sure that the whole world and all the influential and rich people of the world are talking about bitcoin, and they are investing beautifully in the crypto world, and they are also using the entire crypto market system!
newbie
Activity: 133
Merit: 0
well i dont think cryptocurrency is like a fast food that everybody can just open because you want people to patronize you. cryptocurrency is far more than that because what give a coin much value is determined by the great number of investors that are ready to put their investment into it. and i dont think anyone will want to invest into what is not valued and does have future. this is why lots of people who want to invest into crypto looks for a well patronized and valuable tokens to invest into. so everyone cannot possibly achieve this with the notion that they too just want to have their own cryptocurrency. my own opinion though.
sr. member
Activity: 2366
Merit: 332
Would it be like opening a company or a fast food joint or store like the domino store or MacDonalds. I mean, the coin business is far different to such establishment. Even where we could have proliferation of coins, it must start with the governments at least.
sr. member
Activity: 1470
Merit: 325
The Bitcoincult Broke a worldwide Taboo, which was unspoken that those shall controll a countries money that do good and reasonable decisions,

now with the usa leaving the human right council you have started a repeating forces domino process that led to the holocaust in europe during the second world war.

as money is power, and power is money.

why shouldnt anyone have his own money, is the question now

what makes the bitcoinsect so special that it can have a currency and others not, and why should it be treated favourable regarding market attention, listening and indexing?

these are questions that will be answered and not peaceful worldwide.
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