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Author Topic: ‌Alibaba’s Founder Jack Ma Says Digital Currency Could Redefine Value  (Read 6554 times)

Offline Altcoin1998$

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Founder of Alibaba and China’s richest man Jack Ma believes that digital currency could redefine value. The billionaire founder added that digital currencies could help create a new global financial system while targetting on global regulations. Jack Ma: Digital Currency Is a Solution to Future Problems On October 24, 2020,...

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Offline Spaqo99

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I agree with Jack Ma that Digital currency could redefine value because Digital currency is now a global means of exchange and if it gets government backing globally it will ease stress of doing business world wide.

Offline damsix

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Like the money balance on the Alibaba application, it is digital money.
Digital money can be interpreted as money that is invisible and is already printed on a smartphone screen or application.

Jack Ma is absolutely right to say this and this is a revolution for currency in modern times.
retire and rest in peace

Offline masterrex

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That's what we call innovation, and truly we are in the age of the digital revolution everything is about digital now, The world is changing so fast, Like what Jack Ma said digital currencies could redefine value and thats fact that we should consider, the digital currencies whole new level of functionality and sophistication is making the payment options more accessible and faster without boundaries.
« Last Edit: October 28, 2020, 09:12:14 AM by masterrex »

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Founder of Alibaba and China’s richest man Jack Ma believes that digital currency could redefine value. The billionaire founder added that digital currencies could help create a new global financial system while targetting on global regulations. Jack Ma: Digital Currency Is a Solution to Future Problems On October 24, 2020,...

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Can you provide the link of this? I wanna what kind of future problem He's talking about.

Offline TomPluz

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This is totally true as the emerging digital-based economy is definitely revolutionizing the way we look at things and how things are working. When the smoke is clear through the clearing of the road, we might be in for something superb and hopefully can be working for many stakeholders -- all of us people in this planet -- but we know that in anything human-invented there will always be the flip side. The flip side is that since we humans are greedy there can be pretending players of this whole gamut that will exploit this opportunity for their own good.

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Global regulations? I this is the most hardest part in crypto currency since the collaboration of the centralized system is needed to make it happen in the decentralized system.

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I think Jack Ma is ready to dominate this niche as well so soon we may hear this news that he is launching his coin as well as blockchain and crypto powered financial platform. And it will be great if such big business people will  enter this business.

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Jack Ma is one of the very open-minded people who are open to the development of technology. About crypto itself, based on some news, he really supports it. His companies or even the branches also some support and make workshop with the crypto companies. So, this is not surprising if he says so.

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Founder of Alibaba and China’s richest man Jack Ma believes that digital currency could redefine value. The billionaire founder added that digital currencies could help create a new global financial system while targetting on global regulations. Jack Ma: Digital Currency Is a Solution to Future Problems On October 24, 2020,...

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Jack Ma is exaggerating too much. Cryptocurrency is, of course, dramatically changing the existing financial payments system. However, she is unlikely to be able to overestimate the current value system. We live in a gross physical world and have our own needs and established physical values. Cryptocurrencies can only complement them, not replace them. It has always been and will always be so.

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Re: ‌Alibaba’s Founder Jack Ma Says Digital Currency Could Redefine Value
« Reply #10 on: November 09, 2020, 06:42:55 PM »
Cryptocurrency will not be able to influence the existing financial system so much as to cause a revaluation of values.  The states are following this very closely.  It is no coincidence that after hearing the report on cryptocurrency, the G7 countries decided that cryptocurrency does not pose a threat to the global financial system, and therefore did not discuss it anymore.  This is the main question that interested them.  If they see such a threat in cryptocurrency, there is no doubt that any measures will be taken until this threat disappears.

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Re: ‌Alibaba’s Founder Jack Ma Says Digital Currency Could Redefine Value
« Reply #11 on: November 09, 2020, 06:53:11 PM »
Founder of Alibaba and China’s richest man Jack Ma believes that digital currency could redefine value. The billionaire founder added that digital currencies could help create a new global financial system while targetting on global regulations. Jack Ma: Digital Currency Is a Solution to Future Problems On October 24, 2020,...

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I agree with Jack Ma's opinion that cryptocurrency can solve future problems. Because as it is known that cryptocurrency provides a fast and anonymous payment feature, and can be applied even in complex financial cases. This is the reason cryptocurrency is better than traditional systems.
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Offline @chison

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Re: ‌Alibaba’s Founder Jack Ma Says Digital Currency Could Redefine Value
« Reply #12 on: November 09, 2020, 08:54:32 PM »
Redefining the financial value system can really be done using the digital currency. Global financial system is changing by the seemless transactions one can do from the comfort of their home using cryptocurrency
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Re: ‌Alibaba’s Founder Jack Ma Says Digital Currency Could Redefine Value
« Reply #13 on: November 09, 2020, 08:58:05 PM »
Jack Ma is the founder of Alibaba. Some support well. Believe in digital currency. Not only that, many big entrepreneurs and investors believe in Bitcoin or Digital Currency. The world's largest companies and rich people use bitcoin. However, Jack Ma uses bitcoin or digital currency for his companies. This is definitely good news for all users of his company. A great kind of entrepreneur.
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Offline Cryptoz

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Re: ‌Alibaba’s Founder Jack Ma Says Digital Currency Could Redefine Value
« Reply #14 on: November 09, 2020, 11:06:25 PM »
We all know that JackMa is one of the rich men in the world that really support the development of technology, especially this blockchain for the crypto world. He is no matter whoever they want to join in the group honestly, they will get a good move to the case.
Well related to this, we can see how the potential of the crypto world if many more people love this, especially the best investment to do
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