Post
Topic
Board Altcoin Discussion
Re: Alibaba cooperates with new blockchain platform, Is this project worth following
by
Roland.Ewing
on 15/12/2019, 06:20:36 UTC
Now that more countries are starting to go cashless is it possible that it also start converting to cryptocurrency? If that happens, what do you think are the advantages and disadvantages?
The moment all the countries convert to cryptocurrency would be the beginning of many amazing things to happen to the world and the financial sector, the process sending and receiving funds worldwide would become very fast and easy, it would lead to growth of businesses and make life easier for citizens of the world
China has recently been very much paying attention to cryptocurrencies. But it seems to me that China is displacing all cryptocurrencies from its state. Since it prepares a place for its own cryptocurrency. Therefore, Alibaba will be very difficult in the Chinese market.
Recently, there was news that the Chinese authorities are struggling with all cryptocurrencies and exchanges. As well as bitcoin is recognized as an illegal means of payment. Many institutional miners are leaving this country