Post
Topic
Board Altcoin Discussion
Re: China can easily launch a coin while Facebook of coursis having a hard time
by
Pamadar
on 30/10/2019, 15:51:00 UTC
of course china can do that easily because on this country blockchain and cryptocurrency industry are supported by goverment where facebook must face regulation from goverment where in america blockchain and cryptocurrency are restricted
Consider also that the person behind this two proposals have different state from their respective countries. china's coin was proposed by the president itself while Libra was introduced by facebook president and being back up by some other businesses behind. It's not a surprised that China's proposed crypto will be much quicker to launch as like what you have said, the government itself who are aiming for it to be available and useful while the Libra coin have difficulty to convince the congress.