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Author Topic: Are countries now copying bitcoin to create their own digital currency ?  (Read 360 times)
Bennie1089
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October 18, 2017, 08:03:45 AM
 #21

In Vietnam, Bitcoin is not a strange thing but somehow many fake cryptocurrencies has been created by scammer all over the country to lure people, who have no information whatsoever about bitcoin & cryptocurrency, in their campaign with promise of massive return rate, thus create an unhealthy environment for Bitcoin, but thanks to this forum there are more and more independent investors have started to take Bitcoin seriously, including me Cheesy
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Almat
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October 18, 2017, 09:51:10 AM
 #22

They're not copying Bitcoin in the strictest sense. I think they're basically just interested in the benefits of having a digital currency. They're much easier to move in large amounts, and large distances. They have no interest towards decentralization, and maybe even anonymity.
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October 18, 2017, 09:55:43 AM
 #23

Governments and countries are afraid of bitcoin, because they have lost control of the people. They think they can make their own crpto currencies, and back them with their useles fiat. There is one and only one problem with this - IT IS NOT DECENTRALIZED anymore.

The reason I  love bitcoin and other cryptos is because of the whole decentralization mechanism. Noone can kill bitcoin unless they kill the whole world. It's freedom to the people. Amen.
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