Quote from: mymenace on September 11, 2016, 03:28:40 AM

Quote from: mymenace on September 10, 2016, 10:06:34 PM

Quote from: podyx on September 10, 2016, 05:47:04 PM

Quote from: hulla on September 10, 2016, 04:44:17 PM

Oh my God. If this could really happen buddy all body holding bitcoin at the moment will be in a lot of dough and the price of bitcoin will string up in a slap of fingers. My question is that is this news direct from true source?

If the big banks release a successful coin, bitcoin's market value would probably crash pretty hard.

hypothetical outcome?

the coin itself would be used to make all transactions regarding fiat on the blockchain

the coin would be the base value whereas the fiat on top say USD (now masked as 0.01 UTS) may be a fraction of the coins value

example hypothetically - $1 USD is 0.01 of a utility settlement coin, this is used to process your USD payment transaction

success or not it will just be the way

BTC impact - if there is a more informed public about "bank cryptocurrency" then its a matter of your choice between bank crypto or btc

whereas now it is FIAT or crypto

UTS - Utility Settlement Coin

One Coin to rule them all. One Coin to find them,
One Coin to bring them all and in the darkness bind them.

Look @ that Cheesy

As soon as I come to this thread in alonnngg time I run into his face.
How comical with whats trending today in the fake world of celeb mediocrity.
On another note:
Bitcoin price is going up already to $612 on my charts. Grin