Quote from: Shova on May 18, 2019, 04:41:48 AM

Quote from: BRE on May 18, 2019, 02:44:51 AM

Quote from: Tipstar on May 18, 2019, 01:16:26 AM

Could we call it a cryptocurrency?

It basically breaks with all the philosophy that this movement represents, since it attempts against a democratization of the monetary system... and although it has technical similarities I wouldn't call it a cryptocurrency.

I don't see new tokens being any different than the so called digital renminbi. Except for the involvement of the government which makes it much secure than being issued by some exchanges. But in my opinion, none of these centralized blockchain should get the name cryptocurrency.
In my conclusion, satoshi wanted cryptocurrency to be anonymous and decentralized but we are moving away from both of those features.

Technically speaking, If I'm not mistaken, I think that if they did implement it using blockchain technology and uses similar cryptographic algorithms within it, then we can call it cryptocurrency whether its publicly issued or not.