Quote from: Pamadar on October 30, 2019, 03:51:00 PM

Quote from: Inu.Guren on October 30, 2019, 03:44:37 PM

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.

Their president Xi Jinping are the one who proposed to create a coin in their country and that's why the process is very fast unlike in U.S, the libra coin that backed by the facebook are having hard time to pass in the congress because of the regulations.