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Author Topic: Do you share the president of Malta opinion?  (Read 189 times)
Junixi (OP)
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October 01, 2018, 01:22:16 PM
Merited by halisakal (2), celer (2)
 #1

Have you heard the news? Giving his speech on the UN general assembly, the president of Malta said that the cryptocurrency was the future of money and the blockchain technology would make bank system more reliable and better in general. In my opinion, this statement is too optimistic as the cryptocurrency is forbidden in some countries and this situation is not going to change in the nearest future. But I can say that I like his determination to move on and accept the new technologies that some people are still afraid of.
What do you think? In what way would you change bank system? Have you suffered from its drawbacks? And how exactly do you think blockchain can change the situation? And what future is ahead of us in the cryp5ocurrency world? I know it is a little bit too early to predict something, but still... Are you scared of the future or waiting for it with your arms open?

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October 01, 2018, 02:27:37 PM
 #2

He is obviously biased, Malta has been situating itself as a hub for crypto innovators, Binance has been getting really cozy with the Malta government:

https://www.coindesk.com/binance-partners-with-malta-to-launch-security-token-trading-platform/

So he is definitely going to have a very pro crypto stance, I agree it is good that there are some countries out there that are taking this kind of stance but the second there is any kind of suspicious activity big brother USA will come knocking. 

What do you think? In what way would you change bank system?

End the fed, or atleast audit it....do something to the Fed!

And how exactly do you think blockchain can change the situation? And what future is ahead of us in the cryp5ocurrency world?

Blockchain wont usher in a huge change but it will make the systems of the world more efficient and honest, once bitcoin becomes more widely used and accepted it will enable third world countries to be more ingrained into the global financial system. I also think P2P tech that comes from blockchain will really help third world countries.
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October 01, 2018, 04:31:22 PM
 #3

Have you heard the news? Giving his speech on the UN general assembly, the president of Malta said that the cryptocurrency was the future of money and the blockchain technology would make bank system more reliable and better in general. In my opinion, this statement is too optimistic as the cryptocurrency is forbidden in some countries and this situation is not going to change in the nearest future. But I can say that I like his determination to move on and accept the new technologies that some people are still afraid of.
What do you think? In what way would you change bank system? Have you suffered from its drawbacks? And how exactly do you think blockchain can change the situation? And what future is ahead of us in the cryp5ocurrency world? I know it is a little bit too early to predict something, but still... Are you scared of the future or waiting for it with your arms open?
I will say so that earlier, when they said that the iron birds would fly, everyone said that it was not possible. So we will reflect, that for the person it is not clear now, in the future can become simple enough for understanding. I think that these technologies are just beginning to develop. And blockchain technology is just waiting for a push to the world.
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October 01, 2018, 04:33:25 PM
 #4

In general I agree with it. The bank sisitema became already outdated and it needed to be replaced long ago. I think cryptocurrency for this purpose and it is conceived.

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October 01, 2018, 04:34:07 PM
 #5

Have you heard the news? Giving his speech on the UN general assembly, the president of Malta said that the cryptocurrency was the future of money and the blockchain technology would make bank system more reliable and better in general. In my opinion, this statement is too optimistic as the cryptocurrency is forbidden in some countries and this situation is not going to change in the nearest future. But I can say that I like his determination to move on and accept the new technologies that some people are still afraid of.
What do you think? In what way would you change bank system? Have you suffered from its drawbacks? And how exactly do you think blockchain can change the situation? And what future is ahead of us in the cryp5ocurrency world? I know it is a little bit too early to predict something, but still... Are you scared of the future or waiting for it with your arms open?
I will say so that earlier, when they said that the iron birds would fly, everyone said that it was not possible. So we will reflect, that for the person it is not clear now, in the future can become simple enough for understanding. I think that these technologies are just beginning to develop. And blockchain technology is just waiting for a push to the world.
Yes, I agree with that. Now there is only the development of technology in this direction, and the fact that blockchain technologies are now banned in some countries and not legalized, it's only a matter of time when everything is cut for the better ....
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October 01, 2018, 04:36:19 PM
 #6

Frankly he seems to be a great supporter of blockchain and cryptocurrencies he even wants fiat to be replaced by digital cryptocurrencies for efficiency and transparency, i think he has proven to be a sincere member of crypto community and with his pro crypto speech at the UNGA the world will take a deeper and serious look at crypto and will accept the fact that crypto is the way forward.

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October 01, 2018, 04:39:54 PM
 #7

Have you heard the news? Giving his speech on the UN general assembly, the president of Malta said that the cryptocurrency was the future of money and the blockchain technology would make bank system more reliable and better in general. In my opinion, this statement is too optimistic as the cryptocurrency is forbidden in some countries and this situation is not going to change in the nearest future. But I can say that I like his determination to move on and accept the new technologies that some people are still afraid of.
What do you think? In what way would you change bank system? Have you suffered from its drawbacks? And how exactly do you think blockchain can change the situation? And what future is ahead of us in the cryp5ocurrency world? I know it is a little bit too early to predict something, but still... Are you scared of the future or waiting for it with your arms open?
well, maybe that president is brave or maybe he lives according to the words from song that you've heard probably, "nothing left to lose?" Wink though i agree, his determination is worth of being copied

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October 01, 2018, 07:13:52 PM
 #8

Giving his speech on the UN general assembly, the president of Malta said that the cryptocurrency was the future of money and the blockchain technology would make bank system more reliable and better in general.

First, it's a political speech. Politic speech doesn't necessarily reflect the politician's opinion.
Second, Malta is crypto friendly, Malta tells everybody they are crypto friendly, since they need investments and crypto field is one where big money is involved.


So I see his speech as a commercial: crypto companies, come to Malta, we'll believe in you, or pretend to, as long as you pay some so needed taxes to us.

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halisakal
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October 02, 2018, 05:40:38 PM
 #9

Have you heard the news? Giving his speech on the UN general assembly, the president of Malta said that the cryptocurrency was the future of money and the blockchain technology would make bank system more reliable and better in general. In my opinion, this statement is too optimistic as the cryptocurrency is forbidden in some countries and this situation is not going to change in the nearest future. But I can say that I like his determination to move on and accept the new technologies that some people are still afraid of.
What do you think? In what way would you change bank system? Have you suffered from its drawbacks? And how exactly do you think blockchain can change the situation? And what future is ahead of us in the cryp5ocurrency world? I know it is a little bit too early to predict something, but still... Are you scared of the future or waiting for it with your arms open?
good example of a strong and broad-minded character! we certainly need that in crypto. nice to hear we are not the only ones who believe that blockchain is much safer and convinient. thanks for inspiration!
shamc
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October 02, 2018, 07:59:08 PM
 #10

I believe his speech will bring more multi billion dollar companies to Malta, Binance has put Malta on the map and i'm sure many others will follow. Their company taxes must be filling up their coffers more than any other Maltese company

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October 02, 2018, 08:04:33 PM
 #11

The fact that cryptocurrency is prohibited in some countries does not mean that this decision is final and will not change. today is forbidden - tomorrow is allowed. The future is behind the blockchain and sooner or later everyone will accept it

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October 04, 2018, 07:24:45 PM
 #12

Have you heard the news? Giving his speech on the UN general assembly, the president of Malta said that the cryptocurrency was the future of money and the blockchain technology would make bank system more reliable and better in general. In my opinion, this statement is too optimistic as the cryptocurrency is forbidden in some countries and this situation is not going to change in the nearest future. But I can say that I like his determination to move on and accept the new technologies that some people are still afraid of.
What do you think? In what way would you change bank system? Have you suffered from its drawbacks? And how exactly do you think blockchain can change the situation? And what future is ahead of us in the cryp5ocurrency world? I know it is a little bit too early to predict something, but still... Are you scared of the future or waiting for it with your arms open?

I agree that the president of Malta is a bit overoptimistic when it comes to crypto. But I believe that blockchain technologies can change our future to better. Of course it will take much time and efforts to change bank system or at least to legalize crypto in many countries and accept it as payments everywhere, but still it is possible.
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October 04, 2018, 07:35:10 PM
 #13

I really commend the effort of Malta prime minister who has been at the war front of crypto in the world. The prime minister sees that the future of crypto is bright and he doesn't want to be left out.

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October 04, 2018, 07:46:02 PM
 #14

Every opinion can be conveyed, I think he is very thorough looking at the development of Cryptocurrency and Blockchain in the future, so it is more likely to support this system. And in my opinion it is a good idea to convey to many state leaders, to be taken into consideration. And Time will answer for a more modern and efficient economic future. Blockchain is revolutionary for the future.
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October 04, 2018, 07:57:50 PM
 #15

Even though his opinion may be too optimistic and biased, this statement regardless if its original purpose has a positive impact on crypto adoption - after all, this is the president of the EU country speaking about cryptocurrency not as a threat, but as a valuable asset for economy on the large scale.
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October 04, 2018, 08:11:14 PM
 #16

Its good to see a pro crypto president, im sure he will prove to be the first drop of rain and sooner or later all the country heads will follow, crypto is slowly but surely gaining acceptance and adoption globally.

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October 04, 2018, 08:19:50 PM
 #17

Have you heard the news? Giving his speech on the UN general assembly, the president of Malta said that the cryptocurrency was the future of money and the blockchain technology would make bank system more reliable and better in general. In my opinion, this statement is too optimistic as the cryptocurrency is forbidden in some countries and this situation is not going to change in the nearest future.

The president expressed optimism and you are the one expressing doubt. How do you want the world to believe the weight of this technology when someone does not approve it? You and I know that some technologies have been doubted too but they are still around.

How do we have ship going under the waters... Roll Eyes  Huh
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October 05, 2018, 07:13:50 PM
 #18

Have you heard the news? Giving his speech on the UN general assembly, the president of Malta said that the cryptocurrency was the future of money and the blockchain technology would make bank system more reliable and better in general. In my opinion, this statement is too optimistic as the cryptocurrency is forbidden in some countries and this situation is not going to change in the nearest future. But I can say that I like his determination to move on and accept the new technologies that some people are still afraid of.
What do you think? In what way would you change bank system? Have you suffered from its drawbacks? And how exactly do you think blockchain can change the situation? And what future is ahead of us in the cryp5ocurrency world? I know it is a little bit too early to predict something, but still... Are you scared of the future or waiting for it with your arms open?
Malta seems to be a safe haven for crypto projects and it's easy to get a crypto licensed in Malta compared to other countries. And I agree with the President of Malta about cryptocurrency being the future of money. And blockchain technology should be implemented in every companies.
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October 05, 2018, 07:26:09 PM
 #19

Why fear the future if we are already in it. Those who are engaged in cryptocurrency or sitting on this forum at least a little bit believe that bitcoin will reach its heights and capitalization of $ 1 trillion in the future. I like this small country in that they support the blockchain for a reason that Binance moved there this year. Unconditionally such countries will be a cog in the technological development of the entire financial system.
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October 05, 2018, 07:28:21 PM
 #20

Malta wants to be a free financial area for cryptocurrencies and the blockchain technology. Therefore, it is very natural to make such statements.
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