Yep, our "poor" phoenix has been killed yet again. This time by the combined forces of Jamie Dimon - JP Morgan's CEO - and to a greater extent, China's regulation of ICOs and threats of more regulation to come.
And yet, like the mythical phoenix, each time crypto rises from the ashes, and each time flies higher than before. What's up with that? Could it be something to do with values such as efficiency, security, and integrity? Could decentralization be a good thing? Could a currency with no need for trust be a good thing? Could - somehow - more and more people be hearing about it and wanting in on the action?
Why would big players like China and JP Morgan do such a thing? It wouldn't be a leap to guess that big banks and China are afraid of a revolution in currency and want to crush it. The last thing big banks want is for the populace to stop using fiat currency! Same for China.
Another potential reason: What if the Empires and Elites understand the inevitability of cryptocurrencies and want to bring the price down where it will be easy for them to buy a huge amount while simultaneously putting a dent in the collective wealth of the rebel alliance?
ARK is for bridging capabilities of cryptos to each other (BTC, Lisk, Ethereum right now). ARK transactions are super fast and scales well. Uses JavaScript (which is super ubiquitous) and allows use of other languages.
Monero is a privacy coin. Who doesn't want privacy? There are others, but Monero has momentum.
Steem part of https://Steemit.com, a fast-growing decentralized social network with no censorship. With censorship rearing it's ugly head at Facebook, Google, and YouTube, Steemit has huge potential. I also love that upvotes mean I get paid for my writing! If you create any kind of digitally shareable content and you don't hate money, try Steemit!
Ripple is what many banks are looking at very seriously. It's fast and scales well.
0x is for decentralized crypto exchanges, which could be "the next level".
EOS is the brain child of Dan Larimer, creator of Steem. "The operating system of cryptos." Super smart concept. High risk but low price.
Dash has a smart plan and mucho marketing.
Disclaimer: No guarantees. Be careful. Only "bet" what you can afford to lose. I'm not responsible for your losses.
Let's mourn Bitcoin's 160th death. | Ecency
Why are morsels of truth about the plandemic emerging from legacy media and what is next?scottermonkey ·
