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panteraforlife
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September 24, 2017, 07:40:19 PM |
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From the point of view of fulfilling the criterion "high tech, low life", many countries lived in cyberpunk already.  Well, let's hope LAToken will make it "high tech, high life" At least for us, like investors.  |
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CryptoLogo
Sr. Member
 Offline
Activity: 656
Merit: 251
www.fintropy.io
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September 24, 2017, 07:45:04 PM |
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I was wondering recently: can cryptocurrency benefit mutual understanding between nations?
I believe we have discussed something related to this earlier, but the international nature of LAToken just keeps arising these thoughts.
On one hand, it can meet the requirements of WTO somehow. On the other hand, governments doesn't care about WTO tbh. May LAToken practices bring more order to that system?
You mean that since the trustees will have to act as a mediator between the buyer and the owner they will link countries? I didn't mean that but this is a good idea. Maybe it's more about that the governments will be working together in the KYC sphere? That's possible too, but personally I stick to the idea that states keep losing their power. The future belongs to corporations. Indeed. What kind of future? 2027? Or 3489? Or 40M? Or 802,701? |
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keepinquiet
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September 24, 2017, 08:18:25 PM |
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I was wondering recently: can cryptocurrency benefit mutual understanding between nations?
I believe we have discussed something related to this earlier, but the international nature of LAToken just keeps arising these thoughts.
On one hand, it can meet the requirements of WTO somehow. On the other hand, governments doesn't care about WTO tbh. May LAToken practices bring more order to that system?
You mean that since the trustees will have to act as a mediator between the buyer and the owner they will link countries? I didn't mean that but this is a good idea. Maybe it's more about that the governments will be working together in the KYC sphere? That's possible too, but personally I stick to the idea that states keep losing their power. The future belongs to corporations. Indeed. What kind of future? 2027? Or 3489? Or 40M? Or 802,701? Are you hinting out that we have to wait quite a long time? |
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CryptoLogo
Sr. Member
Offline
Activity: 656
Merit: 251
www.fintropy.io
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September 24, 2017, 08:36:38 PM |
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I was wondering recently: can cryptocurrency benefit mutual understanding between nations?
I believe we have discussed something related to this earlier, but the international nature of LAToken just keeps arising these thoughts.
On one hand, it can meet the requirements of WTO somehow. On the other hand, governments doesn't care about WTO tbh. May LAToken practices bring more order to that system?
You mean that since the trustees will have to act as a mediator between the buyer and the owner they will link countries? I didn't mean that but this is a good idea. Maybe it's more about that the governments will be working together in the KYC sphere? That's possible too, but personally I stick to the idea that states keep losing their power. The future belongs to corporations. Indeed. What kind of future? 2027? Or 3489? Or 40M? Or 802,701? Are you hinting out that we have to wait quite a long time? Probably. There are no signs of the transaction of power to non-state actors now. |
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keepinquiet
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September 24, 2017, 08:42:08 PM |
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You must be joking. There are so much NGOs, funds etc. Cryptocurrency is a non-state institute btw.
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CryptoLogo
Sr. Member
Offline
Activity: 656
Merit: 251
www.fintropy.io
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September 24, 2017, 08:44:24 PM |
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You must be joking. There are so much NGOs, funds etc. Cryptocurrency is a non-state institute btw.
Cryptocurrency is being adopted by states, and it may mean that it will lose its independence. Rumors have it that the recent China's decisions are targeted to clean the way for a Beijing-controlled cryptocurrency. |
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keepinquiet
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September 24, 2017, 08:47:56 PM |
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You must be joking. There are so much NGOs, funds etc. Cryptocurrency is a non-state institute btw.
Cryptocurrency is being adopted by states, and it may mean that it will lose its independence. Rumors have it that the recent China's decisions are targeted to clean the way for a Beijing-controlled cryptocurrency. It can't be totally controlled by it. The blockchain technology itself states it that every transaction made is forever. Before some Politburo-appointed officials will realize that a specific transaction is contrary to the China's interests it will be done for good. Or bad. |
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CryptoLogo
Sr. Member
Offline
Activity: 656
Merit: 251
www.fintropy.io
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September 24, 2017, 08:54:48 PM |
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You must be joking. There are so much NGOs, funds etc. Cryptocurrency is a non-state institute btw.
Cryptocurrency is being adopted by states, and it may mean that it will lose its independence. Rumors have it that the recent China's decisions are targeted to clean the way for a Beijing-controlled cryptocurrency. It can't be totally controlled by it. The blockchain technology itself states it that every transaction made is forever. Before some Politburo-appointed officials will realize that a specific transaction is contrary to the China's interests it will be done for good. Or bad. Oh, I don't think that it will be used by those whose intend is to disserve the Central Standing Comitee. The zest is in another matter. Possessing an independent blockchain tech the Chinese crypto-economy will be independent from the global crypto market. |
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keepinquiet
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September 24, 2017, 08:56:42 PM |
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You must be joking. There are so much NGOs, funds etc. Cryptocurrency is a non-state institute btw.
Cryptocurrency is being adopted by states, and it may mean that it will lose its independence. Rumors have it that the recent China's decisions are targeted to clean the way for a Beijing-controlled cryptocurrency. It can't be totally controlled by it. The blockchain technology itself states it that every transaction made is forever. Before some Politburo-appointed officials will realize that a specific transaction is contrary to the China's interests it will be done for good. Or bad. Oh, I don't think that it will be used by those whose intend is to disserve the Central Standing Comitee. The zest is in another matter. Possessing an independent blockchain tech the Chinese crypto-economy will be independent from the global crypto market. How in the world can it be independent? It seems to me it will be listed on exchanges anyway. |
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badman74
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September 24, 2017, 08:57:35 PM |
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I believe you guys have come quite far from the topic subject...
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keepinquiet
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September 24, 2017, 09:01:11 PM |
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I believe you guys have come quite far from the topic subject...
Not at all. LAToken's strategy will depend on the China's decisions, and its cryptocurrency - however a cryptocurrency it will be - will contact with LAToken anyway. It may be so that China will allow its citizens to buy LAT for their crypto. And it may be so that China will forbid LAToken. That's what matters. |
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CryptoLogo
Sr. Member
Offline
Activity: 656
Merit: 251
www.fintropy.io
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September 24, 2017, 09:03:33 PM |
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You must be joking. There are so much NGOs, funds etc. Cryptocurrency is a non-state institute btw.
Cryptocurrency is being adopted by states, and it may mean that it will lose its independence. Rumors have it that the recent China's decisions are targeted to clean the way for a Beijing-controlled cryptocurrency. It can't be totally controlled by it. The blockchain technology itself states it that every transaction made is forever. Before some Politburo-appointed officials will realize that a specific transaction is contrary to the China's interests it will be done for good. Or bad. Oh, I don't think that it will be used by those whose intend is to disserve the Central Standing Comitee. The zest is in another matter. Possessing an independent blockchain tech the Chinese crypto-economy will be independent from the global crypto market. How in the world can it be independent? It seems to me it will be listed on exchanges anyway. Will it be certainly exchanged for crypto? Or for renminbi only? Renminbi is a reserve currency now, just like USD. |
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CryptoLogo
Sr. Member
Offline
Activity: 656
Merit: 251
www.fintropy.io
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September 24, 2017, 09:05:53 PM |
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I believe you guys have come quite far from the topic subject...
I want to know what issues can LAT resolve. Can it persuade China to slow down its regulations? |
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badman74
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September 24, 2017, 09:09:28 PM |
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Guys, calm down. LAToken will comply with China's regulations. As CryptoLogo has mentioned, it doesn't need troubles from both sides.
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jacaf01
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September 24, 2017, 09:22:25 PM |
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I believe you guys have come quite far from the topic subject...
I want to know what issues can LAT resolve. Can it persuade China to slow down its regulations? I still don't understand why some people think Government will not come in and regulate the space this year alone more than 1 Billion USD have been raised and if that huge amount go down the drain some people here will be calling on security agents to help them with their funds. It is not left for the space to adapt and comply by the incoming regulation |
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housebtc
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September 24, 2017, 09:32:29 PM |
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Guys, calm down. LAToken will comply with China's regulations. As CryptoLogo has mentioned, it doesn't need troubles from both sides.
Which regualtions are you talking about, ICO or token sale was an outright ban in China unless there is a need development and I read that some developers have even started refunding investors' fund |
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panteraforlife
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September 24, 2017, 09:54:06 PM
Last edit: September 24, 2017, 11:08:47 PM by panteraforlife |
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I missed such an cool discussion.  Guys, calm down. LAToken will comply with China's regulations. As CryptoLogo has mentioned, it doesn't need troubles from both sides.
Which regualtions are you talking about, ICO or token sale was an outright ban in China unless there is a need development and I read that some developers have even started refunding investors' fund Very interesting. Can you post a link on this article? Also in my understanding, business ALWAYS needs developent and additional funds for this development. |
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panteraforlife
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September 24, 2017, 10:00:56 PM |
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I believe you guys have come quite far from the topic subject...
I want to know what issues can LAT resolve. Can it persuade China to slow down its regulations? I still don't understand why some people think Government will not come in and regulate the space this year alone more than 1 Billion USD have been raised and if that huge amount go down the drain some people here will be calling on security agents to help them with their funds. It is not left for the space to adapt and comply by the incoming regulation It is little difficult to understand you for me. You mean that China goverment absolutelly will not remove the ICO ban? But how it linked with 1B raised by different ICO? |
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panteraforlife
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September 24, 2017, 10:10:42 PM |
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I believe you guys have come quite far from the topic subject...
Sorry pal. Just little stagnation today. There are almost no new complicated substantive questions that would be interesting to make out. Hope for some newbies tomorrow.  |
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panteraforlife
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September 24, 2017, 10:16:03 PM |
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I believe you guys have come quite far from the topic subject...
Not at all. LAToken's strategy will depend on the China's decisions, and its cryptocurrency - however a cryptocurrency it will be - will contact with LAToken anyway. It may be so that China will allow its citizens to buy LAT for their crypto. And it may be so that China will forbid LAToken. That's what matters. This is a very exciting topic. I think China cryptomarket more important for LAT even then American's. I am very carefully catch every news from China and whole Asia. |
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