After Galaxy S10, next is Samsung Coin?

[Cosbycoin]

After the failure of the last flagship smartphone, I do not think that they will be written off with cryptocurrency. You need a lot of money to develop. And when you constantly fail, then investors may have questions about cryptocurrency. Samsung now need to work on its reputation.

Microsoft accepting Bitcoin had ben a great news in the past few months and I think that if Samsung became part of the Blockchain family, it would really give a push to the trend because users all around the world would be able to pay in Bitcoin for their gadgets they buy. Samsug coin would be worth investing in as well. It would have great project since the company is full of wise monds.

[Ressurection]

Well i knew this would definitely pop someday. Why create a new coin when we have cryptocurrencies already operating in the cryptospace. All these new coins reduces the market cap of existing coins such as Ethereum, Bitcoin, etc.

[Moore234]

Maybe yes, but this will not guarantee that will be a successfull project and maybe they will use it internal and even if will put on sale maybe who own a Samsung phone will buy it.

I concur,  i don't think it's a good idea for Samsung to havea private blockchain company,  expect if the coin is mainly use for their own products.  Which i think it can be successful but not guaranteed.

[StarofBTC]

Well i knew this would definitely pop someday. Why create a new coin when we have cryptocurrencies already operating in the cryptospace. All these new coins reduces the market cap of existing coins such as Ethereum, Bitcoin, etc.

The whole idea is to run on a blockchain technology, whatever coin they will be operating will be a utility toke used internally and not external, so they may not serve the purpose for which Bitcoin and Ethereum were created, and even if they will not be used internally, their project and that of Bitcoin/eth is totally a different thing, and they cannot be building another man’s empire when they can easily focus on theirs, what is the need of selling shares to someone and giving them another companies collateral in return.

The only idea I do not support is company creating general payment token when we already have Bitcoin and Ethereum to serve the purpose.