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Author Topic: How can this be good for the cryptospace environment in the state of New York?  (Read 265 times)
meanwords
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July 27, 2019, 01:47:12 AM
 #21

I don't really see much wrong with it. Whereas Ripple is certainly a centralized and regulated pro-bank project, what's wrong with Ethereum? Moreover, it's good that people in the administration will be at least favorable to cryptocurrencies at all (and the Ethereum guy can push pro-decentralization, no?). After all, much worse people could be appointed, both from the crypto sphere like Craig Faketoshi and, even worse, some stock manager/Paypal guys who think Bitcoin's a financial pyramid and a thing drug dealers use. While Ripple and Ethereum might get an advantage out of this situation, I think there'll be good stuff for the crypto market in general.

I heard that the team could manipulate Ethereum at some point which makes it a bit dangerous. They have some control over Ethereum and that this is proven from the fact that they have a top models governing the cryptocurrency. I think Ethereum did try to become decentralized but it failed. Ethereum and Ripple are both centralized. Who knows what this guys have in mind since greed will always be there in the corner.
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July 27, 2019, 02:47:53 AM
 #22

The point here is that regardless of which particular coins or projects these individuals support, it remains to be a fact that cryptocurrency has already infiltrated the system. That is one huge step already. That is a door opening already, however slightly it seems. That is for me a welcome development. Just let the first party enters and there will be more to follow. Just let these 2 men speak to them and whatever the result is, cryptocurrency will remain inside their heads.
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July 27, 2019, 07:58:07 AM
 #23

I don't really see much wrong with it. Whereas Ripple is certainly a centralized and regulated pro-bank project, what's wrong with Ethereum? Moreover, it's good that people in the administration will be at least favorable to cryptocurrencies at all (and the Ethereum guy can push pro-decentralization, no?). After all, much worse people could be appointed, both from the crypto sphere like Craig Faketoshi and, even worse, some stock manager/Paypal guys who think Bitcoin's a financial pyramid and a thing drug dealers use. While Ripple and Ethereum might get an advantage out of this situation, I think there'll be good stuff for the crypto market in general.

I heard that the team could manipulate Ethereum at some point which makes it a bit dangerous. They have some control over Ethereum and that this is proven from the fact that they have a top models governing the cryptocurrency. I think Ethereum did try to become decentralized but it failed. Ethereum and Ripple are both centralized. Who knows what this guys have in mind since greed will always be there in the corner.


They can. Research the DAO, and learn. It was one of the biggest scandals in cryptocurrency history. Another stupid thing they're proposing is EIP-2025.

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