Re: | NEO Smart Economy⚡Now a Top 10 Cryptocurrency⚡| Official Thread |Updated Aug10
Why do you think people withdraw their assets from the banking sector into a crypto currency? It is because of the problems of excessive regulation and control.
Now ask yourself, who needs a crypto currency in which the rules of regulation begin to emerge? I think that the answer is obvious.
This crypto currency is needed either by the organizers of the financial pyramids (covering party with partnerships with banks or corporations) or systems that collect information about users in order to establish their financial position and status.
In my opinion, if people are looking for reliable places for their assets and are trying in every possible way to withdraw their capital from China, it is best to use other crypto currencies that operate on the basis of bitcoin protocol and have the functions of transactions with increased privacy and interest payments with a good annual income
No, there are two perspectives. Some see various blockchains as alternative forms of money. The alternative perspective is the added value of a smart economy. NEO is focused on becoming one of the premier, if not the premier smart contracts platform. NEO therefore focuses on commerce and compliance with governments. Trade never is untransparent. Your cryptocurrencies which pretend to be money will have a very hard time to compete when Russia and China start to introduce national gold backed cryptocurrencies to take down the US Dollar and deal a mighty blow to all non-asset backed cryptocurrencies which are not focused on the smart economy......it might take time, but it will come and NEO holders will then enjoy the show with popcorn.
I like to discuss it with you
Even if Russia and China begin to forcefully transfer their population to their own crypto currencies, this will further draw people's attention to decentralized crypto assets.
The fact is that any state crypto currency will imply total control over your account and balance.
What is the difference between the current bank account and this system? only in the title.
Why do you need to store money in a system that does not allow you to freely dispose of it?
I think that already in the near future, state control will lose its impact on business.
This will happen due to the fact that people will start massively switching to decentralized crypto currencies and crypto assets bringing in their income and replacing the bank deposit.