"
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-3811e36cc94fI will not deny the fact that the introduction of this Facebook coin or globalcoin and gpmcoin is going to affect cryptocurrency negative because they are trying to take us back to the centralized transactions type that bitcoin and blockchain technology is trying to abolish! However, I still believe that bitcoin will find it way out at the end.