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RE: Government issued cryptocurrencies

in #vincentb7 years ago

Even if they do, which i have no doubt they eventually will be, they will be centralized pre-mine tokens, similar to Ripple.

From a certain point of view i can see the advantages, however will these be a replacement or competition to the likes of Bitcoin and others? not in my opinion.

Similar in nature, but clearly separate - we would have the centralized and decentralized markets, the latter of which, i think will be the more important.

Just dropped a new post myself, https://steemit.com/travel/@kashmirz/sydney-trains-24-hour-strike-and-life-in-motion check it out if you get a chance i would honestly really appreciate it #vincentb unite!

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I agree, we'll have very soon some countries issuing their own "crypto". But what's the point really? Just to make digital payments easier? Or are they really think they can take the place of real the real descentralized cryptocurrencies?