Post
Topic
Board Economics
Re: How Will FB Coin/JPM Coin Impact the Cryptocurrency Ecosystem?
by
whirlcoin
on 28/06/2019, 21:14:42 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


I think it will in the beginning Stage So the impact will be shown after some years because when it's placed on huge role in this Crypto market then only the people trying to consider it also a good investment for the future.