Kakashi2020 Posted December 30, 2018 Share Posted December 30, 2018 It is said that China will be releasing it's own Cryptocurrency next year 2019 and initial estimates are saying that it would be bigger than Bitcoin. In my opinion this could be quite dangerous to the world order because of China's expansionist moves. Quote Link to comment https://slingbank.com/forums/topic/2032-bigger-than-bitcoin-and-way-more-dangerous/ Share on other sites More sharing options...
Alania Posted December 30, 2018 Share Posted December 30, 2018 To be honest with you, I have never heard of it before. Could you give me an article or two? Perhaps the name of that coin? If these news are true, then indeed our century will be heading to a new era of cryptocurrency. Because if you know that China has entered the game, then things will get messy, haha. Quote Link to comment https://slingbank.com/forums/topic/2032-bigger-than-bitcoin-and-way-more-dangerous/#findComment-3673 Share on other sites More sharing options...
NerdIndeed Posted December 30, 2018 Share Posted December 30, 2018 I heard about that news too, and Alibaba is spearheading the project I believe. If it does materialize, I think the prices of other cryptocurrencies will fall as there's a new player in the league. Quote Link to comment https://slingbank.com/forums/topic/2032-bigger-than-bitcoin-and-way-more-dangerous/#findComment-3676 Share on other sites More sharing options...
JPK0007 Posted December 30, 2018 Share Posted December 30, 2018 Honestly, i have heard this for the first time and its really a very surprising move on part of the Chinese authorities is this is true. I am not very concerned of this move because China alone cannot control or manipulate the Cryptocurrency market. I am sure there will be powers who will balance the influence of China if it does decide to covertly or directly venture into the Cryptocurrency Market. Quote Link to comment https://slingbank.com/forums/topic/2032-bigger-than-bitcoin-and-way-more-dangerous/#findComment-3680 Share on other sites More sharing options...
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