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On the one hand, these are amazing developments that validate blockchain technology and its potential as a currency system, however, they are also drifting us away from the original vision of a decentralised monetary system. In February 2009, Satoshi wrote on a P2P online forum:
'The root problem with conventional currency is all the trust thats required to make it work
but the history of fiat currencies is full of breaches of that trust'
Taken from the article linked below, worth reading. Do you think the emergence of banking and corporate digital currencies will take away from the original cryptocurrencies or can they live in harmony?
https://medium.com/@marcus_61942/decentralised-cryptocurrencies-vs-digital-currencies-3811e36cc94fThere are over two thousand cryptocurrencies in the market today and none of them have made any major /noticeable changes in the market, so why do you think that the JP coin and the other one you have mentioned, what makes you think they are going to bring any changes from what we have been seeing? They are not bringing any changes, there are already projects from bigger companies and didn't make any big change, so these ones are bringing nothing. And I'm not even interested in any of those two that you have mentioned cause I don't think they are going anywhere. That's my take on this.