Altcoins Talks - Cryptocurrency Forum
Crypto Discussion Forum => Cryptocurrency discussions => Topic started by: yousufatik20 on October 30, 2018, 09:29:43 AM
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Seoul Mayor Plans to Unveil Better Self Crypto for Stratup Blockchain.
Park Woon-soon has announced that South Korea will launch its own crypto and create a better environment for startup companies Blockchain and cryptocurrency in the country. He wants to form a blockchain that is oriented like a startup industry and focuses on developing Seoul's cryptocurrency, 'S coin'.
One of the reasons for the development of 'S coin' is to improve the transparency of governance that exists there. Although the Korean government initially applied very strict rules against cryptocurrency.
What do you think about this? is this good news about the development of cryptocurrency in the future?
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As we all know that blockchain is the only thing that is a common element of trust between the crypto users and the governments. I am sure that we will see blockchain based infrastructure not only in the case of financial sector but also in other sectors too. I believe that government will launch its own cryptocurrency but again, it will be against the core ideology of decentralization so I am bullish on the growth of decentralized cryptocurrencies.
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Crypto's future cannot be accurately predicted. But seeing the development, I can predict that crypto will live long. I even believe that crypto, which only becomes an investment, will become a legitimate global payment in almost all developed and developing countries.
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Crypto currency is highly recommended in Future because still many countries are down in economic development so this change the entire world. I think many peoples are said Bitcoin is a global currency in future but it will implemented in future. No one is beat the Bitcoin potential this always continue to rule the Crypto platform.
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Of course, that's good news. Such steps will force the governments of other countries to think, though if this project will prove itself well. I have no doubt that sooner or later Blockchain will, one way or another, be integrated everywhere. But such steps, of course, serve to popularize the crypto economy. I would like that, in my country, more actively go from empty conversations to real projects based on Blockchain. I am confident that such events will benefit everyone.
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So south korea is really sure about making their own cryptocurrency now ;D I think it will really going to be a big help to crypto because once the other country saw that other country are making a move to adopt the crypto I think they will going to think about it too.
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the main problem between crypto and government legality is actually "transparency" if the government does not want transparency then they will create opinions and news media about the bad crypto, but if the government can look ahead to the importance of crypto for the country and the economic, business and financial climate then they should accept crypto from now on and start seriously making regulations and new breakthroughs in crypto for the country now and in the future
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my prediction, crypto will live long. even I believe that crypto, which is only an investment, will become a legitimate global payment in almost all developed and developing countries.
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I am sure that we will see blockchain-based infrastructure not only in the case of the financial sector but also in other sectors as well. I believe that the government will launch its own cryptocurrency but again, it will counter the core ideology of decentralization so that I am optimistic about the growth of decentralized cryptocurrency.
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Crypto world is going through a lot of ups and downs. But still, there are a lot of people who are not very much aware of the concept of cryptocurrency. Some people believe that digital currency is the future and on the other hand some people think that cryptocurrency is not a proper solution. So its high time that people need to understand what cryptocurrency exactly is, what are the benefits of this form of digital currency. So as a person who has a keen interest in the world of cryptocurrency need to take the initiative to educate those who deny the benefits of cryptocurrency.
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Foreseeing the eventual fate of digital money is hard yet at the same time I trust that theres a splendid future sitting tight for crypto in coming in light of the fact that the market today is doing admirably and trust it will keep on ascending to urge individuals to contribute to show signs of improvement benefit.
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Seoul Mayor Plans to Unveil Better Self Crypto for Stratup Blockchain.
Park Woon-soon has announced that South Korea will launch its own crypto and create a better environment for startup companies Blockchain and cryptocurrency in the country. He wants to form a blockchain that is oriented like a startup industry and focuses on developing Seoul's cryptocurrency, 'S coin'.
One of the reasons for the development of 'S coin' is to improve the transparency of governance that exists there. Although the Korean government initially applied very strict rules against cryptocurrency.
What do you think about this? is this good news about the development of cryptocurrency in the future?
Crypto currency will have good future, because crypto currency is the future currency. It will be needed at the future.
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I still believe that there is a bright future waiting for Crypto to come. Because the current market is fine and hopes that it will continue to increase and encourage people to invest in order to get a better profit.
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I think it is a very good news for the crypto world. Now Seoul come forward to introduce crypto currency. I think sooner or later other country will also follow Korea, if the other country keep pace with the technological invention. If the other country introduce their own crypto currency, then the crypto industry certainly will be enriched. And as the bitcoin is the master currency of crypto industry, the price of bitcoin will increase and the holder of bitcoin will be benefited.
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the crypto market is currently fine and hopes to continue to increase and encourage people to invest to get better profits. I still believe that there is a bright future waiting for Crypto to come.
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I think it's a good news for Crypto even South Korean peoples. The blockchain is a nice way now and for future. I hope day by day every country will understand it. One day you will pay your payment in CryptoCurrency in your retail bazaar. Stay with the crypto world.
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Following Estonia's excellence in Blockchain-based projects to help transition the country's society into the digital environment, Park addresses the use of technological potential in all Seoul administrative functions, such as public transportation and electricity, water and gas infrastructure management.
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Hankyoreh reported that the Seoul Blockchain initiative is expected to be introduced in April this year.
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Can you site the source where you got this information?
It is not the first time we have heard of governments trying to create their own cryptocurrency. As of now, it does not look clear how it will be implemented but if it happens then that will entirely change the whole financial system.
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There is a space for Bitcoin to skyrocket in the future . at least enough for a bitcoin bubble 3.0 and maybe even a bitcoin bubble of 4.0 will occure.
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I think future of Cryptocurrency will fare going forward. There s an ongoing debate on whether cryptocurrencies will become the future of money or whether the idea will eventually fade into oblivion if it is build up a critical mass.
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Future of cryptocurrency will be stable day by day. People of all over the world involving themselves in online virtual currencies. Many developed countries create a positive atmosphere for developing bitcoin and Ethereum platforms.
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I think the future of crypto is very bright if we look at the history from year to year, price changes always occur, and the peak of very large price growth occurred at the end of last year, namely bitcoin experienced a fantastic price increase. So I am optimistic that I will go into the future , more people need digital currency.
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Crypto's future cannot be accurately predicted. But seeing the development, I can predict that crypto will live long. I even believe that crypto, which only becomes an investment, will become a legitimate global payment in almost all developed and developing countries.
Agree with you.
What do you think of Asia?
Is it will be legal in India?