World economy would benefit if all crypto work together - page 2.

Xampeuu

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Quote from: GideonGono on March 07, 2020, 07:08:17 AM

Quote from: abhiseshakana on March 03, 2020, 09:36:12 AM

Quote from: serjent05 on March 02, 2020, 08:49:15 PM

Quote from: USBitcoinServices.Com on February 20, 2020, 09:55:19 PM

If the crypto projects were working in collaboration more often, then the whole crypto community would achieve bigger accomplishments all at once!
Synergy would be on the side of cryptos if that were the case, we see these days many projects working on their own each of them having as result longer periods of releasing updates and new features.

It is time to find ideas and bring teams together and work smart rather than hard. With collaboration among team projects like Lightning network, bitcoin smart contracts, ETH scalability, and many features could be ready for the masses sooner and the global economy would have a big positive impact!

I definitely agree with you, a collaboration between crypto will push the cryptocurrency usage and adoption to new heights but as bright as this idea may seem, developers tend to work their way separately. For reason of fame, and wealth. Others wanted prestige so instead of working with the team of existing cryptocurrency, they tend to create their own in hopes to be well known. Others just wanted the wealth that will be collected once their project succeed.

I think the first effective step is to educate government officials from all departments about cryptocurrency and blockchain, especially those that are not decentralized. Most conventional official thought is not only to minimize risk but also to eliminate risk. With the discussion, simulation and supervision, I think officials who in fact ancient people will understand about cryptocurrency and its benefits for the economy.

The adoption of cryptocurrency in many countries is hampered by legal issues from the government, the majority of which believes that crypto threatens the country's sovereignty and is vulnerable to being used to finance terrorism and crime. Various simulation results will also give an idea of the plus and minus points. So as to provide broad insights from all elements of society especially government officials who make and pass laws.

I strongly agree with this one. It is needed for the politicians to know what cryptocurrency is since some laws needed to be enacted and amended in order to legalize Bitcoin along with other cryptocurrencies. There may be a lot of concerns to be faced as mentioned but with the help of new laws and regulations with addition to a special department to oversee any crypto related issues along with the set of professionals to address these then the potentials it could bring especially in the growth of the economy could be welcomed.

right, politicians are legislators, so that before they set a rule, it would be better if they know the understanding of cryptocurrency, so that the policies taken are appropriate policies, do not harm others and can encourage the development of a nation. sometimes we deplore, many rules are set, but not on target, most of them lack mastery of the problem

imstillthebest

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Quote from: abuya55 on March 08, 2020, 10:23:07 PM

Cryptocurrency market is free and unregulated. The aim of every single crypto project is to get a maximal profit. Developers and groups of devs rival each other.

there are regulated and there are not , also not all crypto are aim to profit only but mostly those are ico/ieo/sto and simillar to this only which goal is to gain much profit . some groups and devs can also work from one coin to the other but we cant see it and we only think that those coins are rival .

Quote

Working together for a commonweal is possible in anarchic-communistic society only. Crypto industry isn't a commune.

thats a deep explanation you have here . cant understand the other words aside from working together . working together is i think not possible because if you look at other local currencies , they are not also working together .

abuya55

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Cryptocurrency market is free and unregulated. The aim of every single crypto project is to get a maximal profit. Developers and groups of devs rival each other.
Working together for a commonweal is possible in anarchic-communistic society only. Crypto industry isn't a commune.

GideonGono

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Quote from: abhiseshakana on March 03, 2020, 09:36:12 AM

Quote from: serjent05 on March 02, 2020, 08:49:15 PM

Quote from: USBitcoinServices.Com on February 20, 2020, 09:55:19 PM

If the crypto projects were working in collaboration more often, then the whole crypto community would achieve bigger accomplishments all at once!
Synergy would be on the side of cryptos if that were the case, we see these days many projects working on their own each of them having as result longer periods of releasing updates and new features.

It is time to find ideas and bring teams together and work smart rather than hard. With collaboration among team projects like Lightning network, bitcoin smart contracts, ETH scalability, and many features could be ready for the masses sooner and the global economy would have a big positive impact!

I definitely agree with you, a collaboration between crypto will push the cryptocurrency usage and adoption to new heights but as bright as this idea may seem, developers tend to work their way separately. For reason of fame, and wealth. Others wanted prestige so instead of working with the team of existing cryptocurrency, they tend to create their own in hopes to be well known. Others just wanted the wealth that will be collected once their project succeed.

I think the first effective step is to educate government officials from all departments about cryptocurrency and blockchain, especially those that are not decentralized. Most conventional official thought is not only to minimize risk but also to eliminate risk. With the discussion, simulation and supervision, I think officials who in fact ancient people will understand about cryptocurrency and its benefits for the economy.

The adoption of cryptocurrency in many countries is hampered by legal issues from the government, the majority of which believes that crypto threatens the country's sovereignty and is vulnerable to being used to finance terrorism and crime. Various simulation results will also give an idea of the plus and minus points. So as to provide broad insights from all elements of society especially government officials who make and pass laws.

I strongly agree with this one. It is needed for the politicians to know what cryptocurrency is since some laws needed to be enacted and amended in order to legalize Bitcoin along with other cryptocurrencies. There may be a lot of concerns to be faced as mentioned but with the help of new laws and regulations with addition to a special department to oversee any crypto related issues along with the set of professionals to address these then the potentials it could bring especially in the growth of the economy could be welcomed.

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Quote from: mersal on February 21, 2020, 03:48:13 AM

Quote from: USBitcoinServices.Com on February 20, 2020, 09:55:19 PM

If the crypto projects were working in collaboration more often, then the whole crypto community would achieve bigger accomplishments all at once!
Synergy would be on the side of cryptos if that were the case, we see these days many projects working on their own each of them having as result longer periods of releasing updates and new features.

It is time to find ideas and bring teams together and work smart rather than hard. With collaboration among team projects like Lightning network, bitcoin smart contracts, ETH scalability, and many features could be ready for the masses sooner and the global economy would have a big positive impact!

Not sure collaboration is possible in cryptos between projects because coins using different blockchain so its not possible to merge them but we don't need that much amount of cryptos just eliminate all the shit projects and just keep 10 best projects of all time so from this capital amount won't get diversified,new projects scam will be eliminated then cryptos will gain trust more than from now and people will start using cryptos for everything.

Even though we want a collaboration of the top projects at the moment, I don't really think it could be possible. Each project varies on its vision in the crypto world and as long as it stays like that, any practice of unity would be so hard to make. Instead of pushing projects for collaboration, we should instead focus on spreading the news and if possible, using crypto as a mode of payment on whatever we are buying.

Quote from: enhu on March 03, 2020, 09:59:31 AM

It would be easy for the adoption to happen if all the team will work together and partner up. I think this will soon be possible once teams realizes they need the community of the other coin to grow bigger. All of the coins, though they have different technology behind their projects can be united for the adoption.

Maybe someday, this could be possible. If the teams behind different projects would agree to focus on one thing, then that would make a big impact to the betterment of the world's economy and the crypto community.

travwill

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I see in the future a perfect system that is completely complementary and interacts with each other in an interdependence format.
Such a system will very quickly be able to identify the shortcomings of all systems and translate into something new more perfect than all the systems that we have at the moment.
A system without errors maximally aimed at human interaction and technological future.

enhu

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It would be easy for the adoption to happen if all the team will work together and partner up. I think this will soon be possible once teams realizes they need the community of the other coin to grow bigger. All of the coins, though they have different technology behind their projects can be united for the adoption.

abhiseshakana

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Quote from: serjent05 on March 02, 2020, 08:49:15 PM

Quote from: USBitcoinServices.Com on February 20, 2020, 09:55:19 PM

If the crypto projects were working in collaboration more often, then the whole crypto community would achieve bigger accomplishments all at once!
Synergy would be on the side of cryptos if that were the case, we see these days many projects working on their own each of them having as result longer periods of releasing updates and new features.

It is time to find ideas and bring teams together and work smart rather than hard. With collaboration among team projects like Lightning network, bitcoin smart contracts, ETH scalability, and many features could be ready for the masses sooner and the global economy would have a big positive impact!

I definitely agree with you, a collaboration between crypto will push the cryptocurrency usage and adoption to new heights but as bright as this idea may seem, developers tend to work their way separately. For reason of fame, and wealth. Others wanted prestige so instead of working with the team of existing cryptocurrency, they tend to create their own in hopes to be well known. Others just wanted the wealth that will be collected once their project succeed.

I think the first effective step is to educate government officials from all departments about cryptocurrency and blockchain, especially those that are not decentralized. Most conventional official thought is not only to minimize risk but also to eliminate risk. With the discussion, simulation and supervision, I think officials who in fact ancient people will understand about cryptocurrency and its benefits for the economy.

The adoption of cryptocurrency in many countries is hampered by legal issues from the government, the majority of which believes that crypto threatens the country's sovereignty and is vulnerable to being used to finance terrorism and crime. Various simulation results will also give an idea of the plus and minus points. So as to provide broad insights from all elements of society especially government officials who make and pass laws.

Stedsm

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IMHO collaboration would rather have an adverse effect in the efforts of delivering anything good to crypto provided that every developer has their own mentality and way of thinking and there comes a point where majority would not support a project due to it either being fishy or some having personal issues with the team of that project or the project itself.

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Quote from: seamusdorakos on February 29, 2020, 01:35:15 PM

Quote from: tabas on February 29, 2020, 07:25:02 AM

It is an impossible dream to happen.
But it might come if all of dream drop the projects that they are working with and start pushing bitcoin worldwide. This is the kind of unity that we all want to see so that only one cryptocurrency will be proclaimed and will ever be the king.

Honestly it can happen if there will be one crypto department which connects all cryptos in some way (I can't really come up with one).
This is not some magical unity, but a normal market regulation

We haven't seen it so it's just a 50/50 situation that might possibly happen by all means. But I'm more convinced that this is just a myth that we will never see unless everyone has made up their minds to support only one cryptocurrency.
And that could be bitcoin.

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Quote from: USBitcoinServices.Com on February 20, 2020, 09:55:19 PM

If the crypto projects were working in collaboration more often, then the whole crypto community would achieve bigger accomplishments all at once!
Synergy would be on the side of cryptos if that were the case, we see these days many projects working on their own each of them having as result longer periods of releasing updates and new features.

It is time to find ideas and bring teams together and work smart rather than hard. With collaboration among team projects like Lightning network, bitcoin smart contracts, ETH scalability, and many features could be ready for the masses sooner and the global economy would have a big positive impact!

I definitely agree with you, a collaboration between crypto will push the cryptocurrency usage and adoption to new heights but as bright as this idea may seem, developers tend to work their way separately. For reason of fame, and wealth. Others wanted prestige so instead of working with the team of existing cryptocurrency, they tend to create their own in hopes to be well known. Others just wanted the wealth that will be collected once their project succeed.

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Quote from: seamusdorakos on February 29, 2020, 01:35:15 PM

Quote from: tabas on February 29, 2020, 07:25:02 AM

It is an impossible dream to happen.
But it might come if all of dream drop the projects that they are working with and start pushing bitcoin worldwide. This is the kind of unity that we all want to see so that only one cryptocurrency will be proclaimed and will ever be the king.

Honestly it can happen if there will be one crypto department which connects all cryptos in some way (I can't really come up with one).
This is not some magical unity, but a normal market regulation

At some point, we will see different blockchain interacting with each other, that is how I see the side blockchain interactions like Nxt for example and many others, in this way they get coordinated and get benefits from the crypto ecosystem.

7788bitcoin

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Quote from: tabas on February 29, 2020, 07:25:02 AM

It is an impossible dream to happen.
But it might come if all of dream drop the projects that they are working with and start pushing bitcoin worldwide. This is the kind of unity that we all want to see so that only one cryptocurrency will be proclaimed and will ever be the king.

It is definitely a dream where everyone focus their time and skills on developing bitcoin rather than thousand other digital currencies which is not a big positive to the entire market. The problem here we had is that everyone wanted to come up with their own version of coins so that they can take advantage of the opportunity to make easy money and that is the reason we have thousands of coins and tokens in the market. If Satoshi would have implemented some sort of restrictions to use his technology even as an open source product we would have seen a different world altogether in this space.

Shasha80

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In my opinion it is very difficult to become a reality all cryptocurrency work together to be able to provide benefits to the world economy.
Because of selfishness and human greed, makes every developers coins do not want to budge and they compete to be the best. Therefore
every developers coins has their own agenda and also has a different blockchain network. Too much difference to make the whole cryptocurrency
united. So for now the idea of all cryptocurrency working together and united is still impossible to be done.

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Quote from: tabas on February 29, 2020, 07:25:02 AM

It is an impossible dream to happen.
But it might come if all of dream drop the projects that they are working with and start pushing bitcoin worldwide. This is the kind of unity that we all want to see so that only one cryptocurrency will be proclaimed and will ever be the king.

That is what I think too, this is actually impossible to happen because if we look at the situation right now, some countries are still banning the usage crypto on their vicinity for their own reasons, as usual, and primary thinking of every person that has no knowledge about crypto, they are thinking that it is a scam, which is actually not. We cannot push crypto to be used all around the world but maybe we can do a thing to promote how really good it is to use cryptocurrency.

Quote from: CHENIEN on February 29, 2020, 11:17:26 PM

its all about a competition,this will be unbreakable to accomplish in control of an activities or organization which is under a single command power ,through this if all crypto investors has working together to build ,it should be a brilliant idea i think the whole crypto community would achieved a gradual increase in production,if people using bitcoin and alt coin pair it will be a perfect combination soon,but some people say that its better to subdivide and i also agree that because bitcoin is the mother of alt coin ,

This is also one good reason why that is impossible to happen, if we think how the market goes, it is actually a competition of platforms for every altcoin or bitcoin because the good the platform is, the more investors will support since they know that they can earn supporting that particular project. It is the competition of tokens with their platforms and plans.

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Quote from: shoreno on February 29, 2020, 09:40:55 AM

instead of making a coin again and again wasting time effort and money why cant they just support the existing ones and only use thier money and effort on promoting it or to help it grow more ?

I think that has to do with all different people with different egos trying to be right, but each of them trying to compete and having the idea of profit with their own blockchain or trying to be the next bitcoin. People who do not value synergy end up working on their own rather than joining forces and bring results together. Love for control and being right those are the bad parts of people not willing to help well-stablished projects to thrive.

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its all about a competition,this will be unbreakable to accomplish in control of an activities or organization which is under a single command power ,through this if all crypto investors has working together to build ,it should be a brilliant idea i think the whole crypto community would achieved a gradual increase in production,if people using bitcoin and alt coin pair it will be a perfect combination soon,but some people say that its better to subdivide and i also agree that because bitcoin is the mother of alt coin ,

hahay

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As long as they have different projects and ideas, then forever they will become competitors, no one will really want to work together because each of them has different views and missions in this market. Why does this kind of cooperation become something that you hope for a world economic benefit, because when they can work together then what will become very likely is a big adoption and that is a benefit that is obtained for crypto itself and not for the world economy.

seamusdorakos

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Quote from: tabas on February 29, 2020, 07:25:02 AM

It is an impossible dream to happen.
But it might come if all of dream drop the projects that they are working with and start pushing bitcoin worldwide. This is the kind of unity that we all want to see so that only one cryptocurrency will be proclaimed and will ever be the king.

Honestly it can happen if there will be one crypto department which connects all cryptos in some way (I can't really come up with one).
This is not some magical unity, but a normal market regulation

TheGreatPython

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Quote from: USBitcoinServices.Com on February 20, 2020, 09:55:19 PM

It is time to find ideas and bring teams together and work smart rather than hard. With collaboration among team projects like Lightning network, bitcoin smart contracts, ETH scalability, and many features could be ready for the masses sooner and the global economy would have a big positive impact!

If all projects are going to be working together that means there wouldn’t be any other cryptocurrency I guess or there wouldn’t be much. Since there is already Bitcoin, companies might create a platform and require funds in Bitcoin and just like that they wouldn’t have to be creating their own tokens and coins and make use of what is already available. But my question is, which of them will even agree to work together like that? They will mostly prefer to work differently and that’s their problem.

Quote from: NavI_027 on February 27, 2020, 09:01:40 AM

Hmm, no offense but the unity you are pertaining about sounds impossible for me. Every developer got their own visions for their own coin of cours and each one of them have different intentions — some aim to make a better version of btc, some made it for the sake of business and some just made it for scamming people. On that aspect, unity was already absent.

They all have a different vision, and they wouldn’t agree to work together. They would like work differently and pursue their own goals. Some of them are just into because of the money and they are mainly the ones end up failing and disappointing their Investors.

Topic: World economy would benefit if all crypto work together - page 2. (Read 553 times)