Post
Topic
Board Altcoin Discussion
Re: Facebook and Telegram succeed up where Bitcoin Failed?
by
awazieik
on 04/03/2019, 13:21:37 UTC
https://www.nytimes.com/2019/02/28/technology/cryptocurrency-facebook-telegram.html#click=https://t.co/dafMzFxBWE

Did anyone read this article in the NYtimes today? I personally had a good laugh because I would love to know how they are going to achieve a truly decentralized cryptocurrency. I could see them incorporating an incentivization system into their platforms but not create a truly decentralized crypto. The only 'stable' coin project that I am aware that is decentralized and is said to succeed where Bitcoin hasn't is Ampleforth due to their elastic supply protocol. Are there any others?



I read this post and I see this as a positive sign for cryptocurrencies . I doubt that these companies will be able to create a pure decentralized crypto space. However, they will be able to increase awareness among people about the potentials of cryptocurrency which is what the industry so needs.