Re: Saudi Arabia Government launching their own cryptocurrency similar to Ripple

Quote from: blockmanity on January 23, 2019, 05:22:49 AM

Quote from: DAVETUN on January 22, 2019, 11:14:47 PM

The cryptocurrency space is evolving positively, this is sure a positive news for the community, no matter how long it takes the world will embrace the CRYPTO platform, confirm from cointelegraph website
https://cointelegraph.com/news/united-arab-emirates-and-saudi-arabia-collaborate-on-new-cryptocurrency
This will have a positive impact in the space and have an influence on the market trend.

But isn't a government controlled cryptocurrencies totally different what cryptocurrencies are meant to be?

Any procedural algorithm that can be written down can be implemented.

Obviously that includes crypto curries that are the exact opposite of what in your belief they are "meant to be."