Post
Topic
Board Economics
Re: How Will FB Coin/JPM Coin Impact the Cryptocurrency Ecosystem?
by
semobo
on 28/06/2019, 20:00:31 UTC

"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 that’s 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-3811e36cc94f


the impact given from this currency will be more powerful when it's landed on cryptocurrency filled but how it can be affect the cryptocurrency ecosystem will be not read table by me because if it was going positively also then there will be some problems are available for other cryptocurrency to do its work that's way the future will be answer for everything.