Quote from: Renampun on September 23, 2019, 07:36:19 AM

Quote from: cryplion on August 22, 2019, 03:15:25 PM

I just want to discuss with you guys, what influences it will pose on the cryptocurrency if the trade war between US and China continues and maybe even worse.

according to the news I got,
the reason China issued their country's cryptocurrency was an attempt to counter Libra cryptocurrency,
I am very optimistic that the CHINA & US trade war will provide clarity and new hope for the future adoption of cryptocurrencies in the future.

Looking at how libra may not even happen, it looks like china crypto currency can get canceled as well, it was definitely just a counter measure against Libra that part is known but if Libra doesn't happen do you really think China will continue with their own crypto? They definitely could, its still on the table but I feel like the only reason they will do it will be gone and they will have no other reason to do it. Its a risk they will not be willing to take and I honestly think its just a method of prevention for them.

However, if they continue with it than we will see the first big nation with its own crypto (Venezuela had one I think) and see how well it does and according to results of that we may see other countries doing the same as well or china will close and there will be none.