Topic: The Fiat Digital currency is coming to Chinese people. - page 3. (Read 2140 times)
it will make all crypto currency adoption easier and ad legitimacy. Even though the govs will try to demonize bitcoin. This is a good thing either way you look at it. Not saying it wont be without bumps but overall it is a plus.
chinese people are getting lot and lot advance by time but can this decision trun ijto a harmful one if they are unable to control their newly made cryptocurrency and if they did succeded into controlling it then what is the diffrence between banks and their cryptocurrency?
I reckon the Chinese government will try and push their own digital currency that will be heavily controlled, i hope the Chinese people will see through that and continue to use bitcoin
If it receives a legal tender status, many people in China will dump BTC for it.
As far as it being Centralized,
every rational person knows that BTC has already been Centralized to Chinese mining pools for over a year.
As far as it being Centralized,
every rational person knows that BTC has already been Centralized to Chinese mining pools for over a year.
yet another post with people advertising the bankers crapcoin on the hyperledger.
again nothing to do with bitcoin
again nothing to do with bitcoin
I knew that after the rise of bitcoin many government will come to adopt digital money system instead of paper currency. Just wait and see another 10 years there Erik be atleast 50 countries with digital money system and may be after 50 years paper currency will get vanished
Translated to read what was written and it looks like they are trying to make centralized digital currency using blockchain tech just like bitcoin but with complete control of government. I don't think this will have any effect on price and don't know how you are relating this news to current price pump.
It will have a massive influence in the price, if this does happen. Just a week or two ago, we saw bitcoin being dumped, when rumours were
spread that China will be banning Bitcoin. If they develop this Blockchain technology and still allow for Bitcoin to be used, the price will still
decrease, because Bitcoin will lose market share.
couldn't fully understand the articles , but in general I'm not sure if such move can help bitcoin or not
I have also read the Sweden is going to create a new system of payments called Ekrona , but in the article that I read there is no mentioning of blockchain or cryptocurrency so maybe Sweden is thinking different
anyways let's hope for the good
I have also read the Sweden is going to create a new system of payments called Ekrona , but in the article that I read there is no mentioning of blockchain or cryptocurrency so maybe Sweden is thinking different
anyways let's hope for the good
Sounds like a terrible idea. Why the hell ?? Just why ? This is really stupid and I hope it fails.
It will fail because that is one of the most terrible ideas I have heard lately. Centralizing something that is made to be decentralized and outside the powers of government to liberate the people. Obvious communist china shithole will want control like it does with everything.
It will fail because that is one of the most terrible ideas I have heard lately. Centralizing something that is made to be decentralized and outside the powers of government to liberate the people. Obvious communist china shithole will want control like it does with everything.
Translated to read what was written and it looks like they are trying to make centralized digital currency using blockchain tech just like bitcoin but with complete control of government. I don't think this will have any effect on price and don't know how you are relating this news to current price pump.
The Fiat Digital Currency is in developing in China by Central Bank.
http://www.bitbh.com/new/detail/4551 Steadily push forward The legal Digital Currency
http://www.bitbh.com/new/detail/4555 Anti-corruption With Blockchain Tech
The Bitcoin price has been pumped up to 5400CNY after these news realeased.
For the Fiat digital currency will help Bitcoin promoting better and faster.As we all know,Bitcoin is not illegal in China.
About"promoting better and faster"
I mean, Bitcoin is not well known by most of the people by now,but if the fiat digital coins launched by more and more central banks,the digital currency will be more easier to be known by the people all over the world.
As we all know,Here the digital fiat currence is compared with paper fiat currency,paper currency have a mass of disadvantages— high cost,corruption,crimes...
http://www.bitbh.com/new/detail/4551 Steadily push forward The legal Digital Currency
http://www.bitbh.com/new/detail/4555 Anti-corruption With Blockchain Tech
The Bitcoin price has been pumped up to 5400CNY after these news realeased.
If it receives a legal tender status, many people in China will dump BTC for it.
As far as it being Centralized,
every rational person knows that BTC has already been Centralized to Chinese mining pools for over a year.
I don't think so,and most of the Chinese communities have the same idea with me.As far as it being Centralized,
every rational person knows that BTC has already been Centralized to Chinese mining pools for over a year.
For the Fiat digital currency will help Bitcoin promoting better and faster.As we all know,Bitcoin is not illegal in China.
About"promoting better and faster"
I mean, Bitcoin is not well known by most of the people by now,but if the fiat digital coins launched by more and more central banks,the digital currency will be more easier to be known by the people all over the world.
As we all know,Here the digital fiat currence is compared with paper fiat currency,paper currency have a mass of disadvantages— high cost,corruption,crimes...
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