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China Cryptocurrency Ban
08-03-2018, 12:28 PM.
Post: #31
RE: China Cryptocurrency Ban
Some negative reaction to regulation.

Bitcoin plunges after SEC seeks to rein in cryptocurrencies

Japan punishes crypto exchanges after hack
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Virtual currencies are worth virtually nothing.

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21-10-2018, 05:26 PM.
Post: #32
RE: China Cryptocurrency Ban
(13-02-2018, 09:23 AM)Wildreamz Wrote: The reason why Blockchain get's people excited is not just because it gets certain things done quicker, and more securely (it does).
1) quicker
2) more securely
... and 3) cheaper

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21-10-2018, 05:39 PM.
Post: #33
RE: China Cryptocurrency Ban
(08-02-2018, 02:29 PM)Wildreamz Wrote: I do not think that any Cryptocurrency itself, per se, would become immensely valuable in the long run. Unless it also serves as a right to ownership of an actual value producing asset (maybe some ICOs qualify as that).
Value producing assets
On another occasion talking about a crypto representing a title of ownership over a certain quantity of gold, you said gold hasn't instrinsic value.
I understood you as approving a crypto which represents a title of ownership over goods having intrinsic value.

Here you seem to approve a crypto representing a title of ownership over value producing goods.
Goods having intrinsic value and value producing goods... Huh

I'm trying to understand what you mean with these formulations.
Maybe if you could make some example... no definitions or theoretical explanations, just examples

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17-12-2018, 01:06 AM.
Post: #34
RE: China Cryptocurrency Ban
China’s central bank has officially banned all security token offerings (STO) and any related investment and businesses involved in the practice.


Unlike ICOs and most cryptocurrencies that are simply digital bits of data represented by a token, STOs represent an underlying real-world asset—such as gold, real estate, equity, and financial contracts—and derive their value from the price action of those instruments.

Alongside stablecoins, the STO is widely regarded by the larger cryptocurrency community as the next big sector that can provide relevance to digital tokens and blockchain technology.

Before China conducted a nation-wide crackdown on cryptocurrencies and ICOs in September 2017, the country operated 80 percent of the world’s crypto-transactions and token financing.

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