WAR IS COMING!!! Private Cryptocurrency vs State issued Cryptocurrency! The Winner Will be...steemCreated with Sketch.

in #cryptocurrency7 years ago

Hello guys !

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How you already may know Russian's Goverment plans to release his own cryptocurrency that will be called cryptoruble .
Officials said that once it is launched in a few weeks time, all other cryptocurrencies will be banned in the country.
Official also said: ''the Cryptoruble will be taxed and the tax will be applied to any appreciation in value that occurs.The new currency will use Russian designed encryption in a bid for it to remain traceable.''

China also opts for digital currency issued by the state.

After assembling a research team in 2014, the People’s Bank of China has done trial runs of its prototype cryptocurrency. That’s taking it a step closer to becoming one of the first major central banks to issue digital money that can be used for anything from buying noodles to purchasing a car.
For users transacting over their smartphones or laptops, cryptocurrency probably wouldn’t seem much different to existing payment methods such as Alipay or WeChat. But for sellers, they would get digital payments directly from the buyer, lowering transaction costs as the middleman is cut out of the process.

And since currencies have historically been issued by the state, not private players, it doesn’t want to cede the cryptocurrency space to companies it has no control over.
The key word here is CONTROL !!!! They still try to control us !!!
Soon this state issued crypto will be approved for use in all sphere in which is possible.Any support for this currency,any single transaction made with this kind of crypto will bring we back to tax slavery and third party control of our money,inflation and other problems in which goverments showed the inability to solve them !!

WHICH WILL BE YOUR CHOICE?!!

Sources:

https://www.bloomberg.com/news/articles/2017-02-23/pboc-is-going-digital-as-mobile-payments-boom-transforms-economy

http://www.eurasiareview.com/22102017-the-next-generation-of-currency-wars-private-vs-state-backed-crypto-analysis/

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