Quote from: StackingSats on June 12, 2019, 02:56:43 PM

"On the one hand, these are amazing developments that validate blockchain technology and its potential as a currency system, however, they are also drifting us away from the original vision of a decentralised monetary system. In February 2009, Satoshi wrote on a P2P online forum:

'The root problem with conventional currency is all the trust thats required to make it workbut the history of fiat currencies is full of breaches of that trust'

Taken from the article linked below, worth reading. Do you think the emergence of banking and corporate digital currencies will take away from the original cryptocurrencies or can they live in harmony?

https://medium.com/@marcus_61942/decentralised-cryptocurrencies-vs-digital-currencies-3811e36cc94f

They will not do anything different from what others have done. There's a bit difference with Facebook Libra, it's being accepted by a lot of companies like eBay, PayPal and so many of them.. That's the only difference. And I already knew that it was going to be like that because Facebook is already a huge company and for sure it's meant to have a wide acception.

But the thing is how many people are ready to make use of rue coin? Cause from what I've heard the coin is a stable coin, which means that it is in the same league as USDT and the rest of them that are all stable coins. BNB is in the same league as Bitcoin. But the way I see it, these coins are not making any change if any cryptocurrency can make huge changes, it is Bitcoin.

welchmgra

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