Quote from: cabron on May 29, 2020, 05:24:30 PM

Quote from: fuzzywuzzymppc on May 29, 2020, 03:07:06 PM

Quote from: Hardening2.0 on May 29, 2020, 02:21:08 PM

Quote from: fuzzywuzzymppc on May 29, 2020, 08:20:04 AM

This is a great news for the country and let's admit that the country is legally accepting cryptocurrencies and might be the first one to nationally use a cryptocurrency as a medium of exchange.

I think the first one is Petro from Venezuela but I lost updates about them so I am really not sure how national crypto could but overall, with the slowly adapting world and countries like Zimbabwe, we might see the next wave of currency in the means of crypto soon.

Thanks for the heads up mate. Done reading about crypto and I think it's not on the same path with ZImbocash, it's a national digital currency run by the government and that itself is a flaw to change the entire financial system, it just worsen the old problem that money is controlled by the government

So this is like the digital yuan of China?

It's not really going to worsen if the coins are going to be used widely by their people, the only that will make it worse is if the government will corrupt the system once again. Like creating more coins lie printing more. You can its more like an experiment to them so we'll see if they get to make it work for them. The market will tell whether this is working or not.

I am not really sure about that. I think Digital Yuan is just a digital fiat, not crypto to be specific that uses blockchain technology that provides freedom. And I agree that crypto must not be created by the government in disguise to crypto coz they are just simply manipulating it not the other way around

Hardening2.0

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