Post
Topic
Board Economics
Re: China launching its own crypto currency ?
by
Shinpako09
on 06/10/2019, 10:24:08 UTC
China is all set to launch its own crypto currency for more than 1 billion of its population how will it effect the crypto market ?
We don't know until we got there but I guess since it's centralized, the effect won't be that much. Most still prefer decentralized so maybe their coin won't become a hit or threat outside or maybe even inside China. Even with their big population, not all were going to adopt it especially it's centralized. Being decentralized is a big deal for investors since no one on top is in control. Capital and ROI is much secured.