$10,061.47 -1.60%
BTC · 14w

Good thoughts of Andreas as to why Facebook coin is not a threat to Bitcoin. Banks should worry ;)

Why is GlobalCoin neither a true cryptocurrency nor a threat to Bitcoin? What requirements and restrictions will GlobalCoin users have? Who will they compete against?This question is from the May monthly subscriber session, which took place on May 25th 2019. If you want early-access to talks and a chance to participate in the monthly live Q&As with Andreas, become a patron: Coin and JPM Coin - Success: Price or Principle - and the Banks: Five Stages of Grief - the Global Banking Cartel - as a System-of-Control - is Consensus: Rules without Rulers - Security: Bubble Boy and the Sewer Rat - Open Blockchains Matter - permissioned blockchains fail - to avoid re-creating systems of control - QuadrigaCX scandal and counterparty risk - "crypto-banks" threaten hard money? - and social attack immunity - experimentation and the luxury of laziness - digital currencies and trust minimization - Continue on

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