DUBAI CRYPTOCURRENCY COIN REVIEW & UPDATED TODAY’S LIVE PRICE

DUBAI CRYPTOCURRENCY | Here is the latest & updated news about Dubai’s first digital cryptocurrency coin full review with the latest value in 2021.

WHAT IS DUBAI CRYPTOCURRENCY (DBIX)?
The new crytocurrency has launched in market which can beat
to bitcoin in future I think so that is known as the Dubai coin DBIX is taking over business deals. But what is the Dubai cryptocurrency coin,how does it work. Does it have any properties that make it unique. These are some of the questions we'll be covering comletely.

Here I am sharing with you a brief recap of the Dubai coin DBIX earlier, the need for Dubai to join the rest of the world, in using cryptocurrency pushed Waleed Meza Rondi to create the precursor to the Dubai coin DBIX.

All coin was as secure as the Bitcoin, with its sha 256 algorithm, but nowhere as I
need to grow the functionality of the Dubai coin DBIX led to the creation of the Dubai coin.

WHEN WAS DUBAI COIN LAUNCHED?

In March of 2017, the DBIX is simply an improvement on the DBIX. When the swap from DBIX to DBIX occurred each unit of DBIX was worth only a 10th of the DBIX  there enough comparison, be the DB next was a lot more than a DB do by coin DBIX during a base peer to peer digital currency DBIX is also a smart contract system.

The contract is enabled by threa, the first Arabic programming language, to be used on a cryptocurrency DBIX tokens, units of currency also fuel the cloud platform for the Arab chain blockchain, owning a DB token, means that you own shares and have voting rights in Arab
chain.

Now this is a pretty big deal that right now is just another coin, just another crypto there's a bunch of them out there as we all know, but this could definitely turn into a way bigger deal
and I feel like a both good and bad ways.

Dubai just we've our own coin, called you by coin or DBIX. Now one, like I said is just another cryptocurrency so it's kind of like, who cares, in a sense, like, there's weird coins out there like
Ilan gate, and this coin, and all this other stuff, but I think the one thing that really makes me feel a little sceptical and very curious about the future and both good and mostly bad ways, is that the act that Dubai is a government powered entity you know city is making their
own coin and their goal is to become the first blockchain powered government
now blockchain technology.

I think would be incredibly more useful as time goes on, think about it, I look at the evolution of crypto quick sign up this is important.

I look at the evolution of crypto very similar
to social media, when MySpace first came out, it's kind of like a proof of
concept.

A lot of people thought MySpace is gonna go away, which it did, but the technology
and the whole concept of social media is here to stay. I look at it as the same
exact way when it comes to blockchain technology, anything about it, a lot of governments were like Facebook's weird, Twitter, Instagram, Snapchat, just kind of bizarre, but now, almost
every company out there has a Twitter even big government organisations now have Twitter's, and even Instagrams, all that kind of stuff, social media is so integrated isn't just like a weird fad, it's 100% here to stay.

And likewise, in my opinion it was only a matter of time before it got to a government level, where a city like Dubai, Arguably, the richest city in the world was like you know what, why not
make your own coin, why not use that coin within the city, and use it to buy sell and trade stuff, use it like its own currency, but to me this brings up so many new questions now, there's a
lot of good parts about crypto.

There's a lot of bad parts remember crypto is not perfect, I think too many people like
to look at it as the greatest thing ever confronted.

Remember,there are a lot of negative things about crypto and I think one of them is kind
of the unregulated ness of crypto and the fact that it's these that's no good going even deeper, good and bad parts of it being decentralised, however, it looks a bit like terms of the economics, but again coming from Toby just like Dubai did it and they can single
handedly control those supply demand, if there was anything that could be an
interesting issue especially if you bring in things like making token, or if we're going to create more tokens, let's say for example, there isn't necessarily an exact match token level, and they could just behind it, then that means this government organisation is going to single
handedly control this one crypto no grants. but I think there's a big thing because that makes me think well I wonder what happens if there's an LA coin for example, or from Boston, what if there's a Boston coin or maybe even state by state, there could be a county coin or something, or now even country coins like United States corner USA coin, or whatever they
give government cranium crypto because it's so easy to make your own crypto.

Now isn't that unfathomable and then it goes deeper for me. But in terms of the
economics, what really is the difference between like say the United States dollar and USA coin.

If the govvernment controls it, they control most of the supply, they know how to
adjust it they want. Well, really the only difference is, this one's on blockchain is in blockchain technology.

This one isn't and it could be that the idea of virtual money is going to be the future I mean like you know it's like it's almost kind of weird or rare now to get coins.

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