"
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 think these ones are already old news by now. The only thing people are talking about this time around is the Facebook Libra coin. There's been lots of news going round since Facebook released the white paper for their libra coin and a lot of people has been the coin is going to bring a lot of changes in the crypto world and is going to compete with Bitcoin and Ethereum. I don't know if that is true, sometimes these coins just get hyped for nothing and when they get released they end up being something else.