What will happen when

in cryptocurrency •  8 years ago 

Hi All,
It is a question for you to answer...
What will happen to the cryptocurrencies we have today when governments start to issue there own cryptocurrency?

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What will happen to the cryptocurrencies we have today when governments start to issue there own cryptocurrency?

The Fed is already prepping a Jekyll Island 2.0 based on blockchain. @storyteller7 When that is ready expect a fiat crypto.
Even if the elites choose not to end financial folly & continue to make currencies fail you now have a choice in money. Goldmoney, the Uber or Airbnb of money, facilitates your own personal gold standard. You too can get your own Goldmoney account.

Thanks for the offer.Not at this stage. I chose something else for now.

You're welcome, @storyteller7
The offer is always open. :)

Bitcoin will thrive. Government-issued cryptocurrencies with controlled-access ledgers are as worthless as fiat paper currencies.

Bitcoin will thrive. Government-issued cryptocurrencies with controlled-access ledgers are as worthless as fiat paper currencies.

I hope so too, @preparedwombat Jekyll Island 2.0 is coming. Is the Fed blockchain a Trojan horse for internet of value & the internet of money?
There's no restriction on a government to create their own fiat blockchain.

Following the Question.
What do you think the majority of the people will do/choose?

Fiat implies no choice, @storyteller7
If told well, the best story is gold via Goldmoney.