Japan and Sweden will launch their own digital currencies J-coin and E-krona.

in #bitcoin7 years ago (edited)

Keep in mind - these are NOT crypto currencies. They are not decentralized, and they are going to be pegged to the value of the Yen and the krona.

 

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The mainstream media portray them as "the governments own Bitcoin". This is so funny, and very obvious what they are trying to do. They love the technology behind blockchain, and they understand that it is a game changer. Also, they understand that they can never ban Bitcoin and other crypto currencies. So what are they going to do? THIS!

  • Don't inform people adequately about Bitcoin or the BlockChain
  • Issue their own digital currency and pretend it's the same thing (why chose Bitcoin when you can use ours! It's easier, safer and you don't need to remember your password!)

Remember, all they can offer with these digital coins is a one-to-one rate exchange and perhaps a free service. But remember what they will want back - detailed data on how people use it. ALL transactions will be trackable by the centralized banks, just like today.

Also, the goal is to get rid of ALL transactions with cash. Ban cash. All governments need taxes to survive. A lot of tax is avoided by people using cash. Sweden especially are in for a ride when it comes to government spending in the near future, so they are obviously rushing to get this implemented. EVERY krona must be taxed.

But again - all of this has NOTHING to do with the idea proposed by Nakomoto. The different "e-currencies" are just more government violence.

Hodl, keep informing people about the technology and hopefully it will grow so big that we will have to see the next move by the banks and governments.

 
 

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not decentralized = not interesting , it s just a other try to keep the control over the money system.

mmm tofu tokens and ikea coin

Go back to history, you will find many who fought banks like Kennedy and others and the war is going on, but this time we are armed with blockchain.

Yeah. They are going to bring out the big guns this time I think. Unless they find a way.. I don't think they give a shit if there is going to be the biggest transfer of wealth in history, as long as they themselves are on the right side. If they find a way, they will embrace Bitcoin and Cryptos. But I'm not quite sure how that is possible.

Let me simply say, in the past people had no choice but to keep their finances safe except to trust countries and banks where there were no other options, so countries and banks took control of the world's wealth, but today thing are completely different.
Bitcoin and other currencies have proved that blockchain systems can be trusted more than banks and even gold, so why do we need to trust banks again whilst we have other and better alternative.

What's this Hodl you keep mentioning?

Google it. It's a meme. ;)

just another way to control us... it always is