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Author Topic: Former President of Goldman Sachs Predicts a Global Cryptocurrency Other Than Bi  (Read 200 times)
aoluain
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May 20, 2018, 02:37:15 PM
 #21

A global centralised economy is possible, look what we have in Europe, the Euro - a common
currency across 19 countries. Extending a centralised, currency around the globe would be
difficult as a centralised currency but not impossible. Its certainly not going to happen
overnight or in the bext number of years either.

Wheras bitcoin is decentralised and is already global.

Lets see in the future if Fary Cohn's prediction comes through.

R


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May 20, 2018, 03:10:03 PM
 #22

On Tuesday Gary Cohn, Former president of Goldman Sachs says he thinks the world will get a global digital currency, but it is not going to be bitcoin.

Read news here: https://coinpedia.org/news/former-president-predicts-global-cryptocurrency/

Reading the article is not anything different from what we have read. Its always about people not believing in bitcoin but believing in the technology behind it. What they try to do, is separate the two as two different entities forgetting that you can only do that in the figment of your own imaginations and no matter how you want to believe its possible to separate the two, you cannot really do that as support for one, is an indirect support for the other.

The grouse about bitcoin, is no other reason than the fact that it cannot be controlled while other excuses as highlighted in the article as to cost of mining, electricity are just by the way excuses covering the main issue with bitcoin.
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May 20, 2018, 03:14:46 PM
 #23

On Tuesday Gary Cohn, Former president of Goldman Sachs says he thinks the world will get a global digital currency, but it is not going to be bitcoin.

Read news here: https://coinpedia.org/news/former-president-predicts-global-cryptocurrency/
Eventhough there are people who hate bitcoin and make some rumors about cryptocurrency, I believe that supporter like Mr. Gary Cohn will help the cryptocurrency to retain its reliability to the people.
It is good to see how supporters like him has anticipation about the future of currency. Well, I do not doubt also about bitcoin and soon as the government will notice how bitcoin really contributes to the society, then they might choose it as one currency in the world.
I highly doubt that some of the world governments will ever appreciate Bitcoin completely since they don't tend to profit much by embracing it which is why they would not support it. The world governments try to ban and regulate cryptocurrencies even though knowing that something like this is not possible and they will continue trying for as long as possible to force investors into dumping their coins and tokens and screwing the market itself. They will obviously fail always since the cryptocurrency market is here to stay and won't ever disappear if you ask me.

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May 20, 2018, 03:34:49 PM
 #24

Quote
Cohn predicts the virtual currency of the future to be simpler than bitcoin. This is easily understood cryptocurrency. It apparently, has some blockchain technology behind it. It is likely to understand the technology behind bitcoin, this is how it moves for people to utilize it.
quoted from the article provided

He maybe is not talking about the near future as if we see the current situation now you will see that a lot of the new people will know the word Bitcoin first rather than the word cryptocurrencies, I do believe that bitcoin will be replace in the future but it won't be near as a lot of people are still are tapping the shallow parts of the world of cryptocurrencies, if the majority of the world has a firm grasp on this industry I think they will voluntarily pick the best cryptocurrency fit to become a global crypto, and I guess it must also have a major support from some developed countries.

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May 20, 2018, 03:42:03 PM
 #25

OMG this is it. Our pastor told us that one day there will be a one world currency in digital format. The money will be embed in rfid microchip. There will be a cashless society   And no one will buy or sell without this mark.

On Tuesday Gary Cohn, Former president of Goldman Sachs says he thinks the world will get a global digital currency, but it is not going to be bitcoin.

Read news here: https://coinpedia.org/news/former-president-predicts-global-cryptocurrency/

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May 20, 2018, 04:17:28 PM
 #26

this is a poorly written article about a poorly educated comment about bitcoin. this is basically the same pointless and endless argument about bitcoin's power usage which is becoming the favorite of the media these days. and that is just another new way of attacking bitcoin from a different angle since all the previous ones failed and this will also become a page in the history when they move on to a new method.

There is a FOMO brewing...
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