Fed-coin is coming, why blockchains like EOS matter. Market pressures ebb and flow, as the crypto market shows us how easily it can often reach soaring all-time highs, which can then be abruptly followed by dramatic pullbacks, like the one we have recently experienced. If you've been in the crypto game for a while, this won't come as a surprise, but for crypto newcomers, this level of volatility is likely to be both surprising and frightening, and as a result, it may make some newly minted crypto enthusiasts skeptical about whether crypto has any real long-term potential. In this video, I will go over a recent article I read titled "The Fed this summer will take another step in developing digital currency," and I will insert my opinion on why this is significant for cryptocurrencies like EOS and others.
The promise of “providing a secure and efficient payment system that embraces innovation” was important to me, I hope they move in that direction, I would like other states to move forward with this perspective, we will probably see some states follow the same perspective. . . . However, it is obvious and sad that states that do not adopt innovation and are dependent on the central authority will regress in the direction of economy. .
I think cryptocurrencies will thrive on the blockchain and take over a large part of the economy in the future, if even governments are trying to do that now, why not. In this context, the future is actually a “blockchain that does not adopt a central authority”.
This positive thinking of the Federal Reserve towards digital currencies can bring different perspectives to the crypto world as states. Even states now want to be included in this system. Because this system brings with it many conveniences.
I don't think cryptocurrencies threaten any state. Unless, of course, States wage war on cryptocurrencies. Instead of waging war on crypto units, States should adopt and develop them. Each currency can sometimes rise and sometimes fall. And just because it's falling doesn't mean that this unit is bad or useless. So it is necessary to be smart against the manipulation of current falls. Fed coin initiatives also made me very happy, because this initiative also increases confidence in crypto. Sorry for my bad English.
I started with that coin. At the time, I didn't even know what I was buying.
After a long research process, I realized that this technology is a difficult thing to believe.
It sounds like nothing to people, but it's actually a lot.
And the fact that states are putting so much pressure on me explains the power of this technology.
And this technology will win.
I like that sentence in the article. "I was reminded of the five stages of grief, when I first read this article, which are: denial, anger, bargaining, depression and acceptance".
The future will be with solid technology coins. and they will have to accept it.
I'm especially happy that it's a project like EOS.
Everyone is realizing that Decentralized Blockchain is the future of the Crypto and we will see that every projects in the future will be based on decentralized blockchain
I like your idea of dropping Article and Video at the same time so anyone who don't wanna read can listen it too :D
Even the governments are FOMO'ing now. It's clearly obvious that they are doing everything in their power to drive the BTC price down just so they can buy themselves and when they have enough you will start seeing mass adoption.
EOS focuses on critical pain points of blockchain and attempts to solve the problem of speed, scalability, and flexibility that often become a bottleneck.
With the size of the dApps ecosystem increasing with every passing day on a particular blockchain network, there is often limited availability of resources on the network. They include problems like network constraints due to a large number of false transactions and similar requests, spamming apps, slow execution speeds, and limited computing power availability across the network.
EOS.IO attempts to address these problems by offering more scalability, flexibility, and usability through its unique mechanism.
Eos is our future. It is the best reason not to choose banks.
Every word of this article is gold! You cannot avoid the inevitable, soon or later decentralized blockchain will be tops in world. Humankind always tend to avoid innovations and want to stick with what they have, but eventually they end up being part of it. I am sure, in ancient times they were doubting presence of new currencies :)
As Jerome Powell said
The promise of “providing a secure and efficient payment system that embraces innovation” was important to me, I hope they move in that direction, I would like other states to move forward with this perspective, we will probably see some states follow the same perspective. . . . However, it is obvious and sad that states that do not adopt innovation and are dependent on the central authority will regress in the direction of economy. .
I think cryptocurrencies will thrive on the blockchain and take over a large part of the economy in the future, if even governments are trying to do that now, why not. In this context, the future is actually a “blockchain that does not adopt a central authority”.
I absolutely agree with this.
Thanks for the article.
This positive thinking of the Federal Reserve towards digital currencies can bring different perspectives to the crypto world as states. Even states now want to be included in this system. Because this system brings with it many conveniences.
Again we have the alarm, another option for tracking us practical advice the solution is Decentralized Blockchain ✔️
I don't think cryptocurrencies threaten any state. Unless, of course, States wage war on cryptocurrencies. Instead of waging war on crypto units, States should adopt and develop them. Each currency can sometimes rise and sometimes fall. And just because it's falling doesn't mean that this unit is bad or useless. So it is necessary to be smart against the manipulation of current falls. Fed coin initiatives also made me very happy, because this initiative also increases confidence in crypto. Sorry for my bad English.
I got into the crypto market very interesting.
It was said that the famous coin will be $ 1.
I started with that coin. At the time, I didn't even know what I was buying.
After a long research process, I realized that this technology is a difficult thing to believe.
It sounds like nothing to people, but it's actually a lot.
And the fact that states are putting so much pressure on me explains the power of this technology.
And this technology will win.
I like that sentence in the article. "I was reminded of the five stages of grief, when I first read this article, which are: denial, anger, bargaining, depression and acceptance".
The future will be with solid technology coins. and they will have to accept it.
I'm especially happy that it's a project like EOS.
Thank you for the good article.
Have a nice day.
Great article !
Nice Article Mate
Everyone is realizing that Decentralized Blockchain is the future of the Crypto and we will see that every projects in the future will be based on decentralized blockchain
I like your idea of dropping Article and Video at the same time so anyone who don't wanna read can listen it too :D
Crypto is the future. The faster we embrace this truth, the better off we'll be.
Even the governments are FOMO'ing now. It's clearly obvious that they are doing everything in their power to drive the BTC price down just so they can buy themselves and when they have enough you will start seeing mass adoption.
EOS focuses on critical pain points of blockchain and attempts to solve the problem of speed, scalability, and flexibility that often become a bottleneck.
With the size of the dApps ecosystem increasing with every passing day on a particular blockchain network, there is often limited availability of resources on the network. They include problems like network constraints due to a large number of false transactions and similar requests, spamming apps, slow execution speeds, and limited computing power availability across the network.
EOS.IO attempts to address these problems by offering more scalability, flexibility, and usability through its unique mechanism.
Eos is our future. It is the best reason not to choose banks.
Every word of this article is gold! You cannot avoid the inevitable, soon or later decentralized blockchain will be tops in world. Humankind always tend to avoid innovations and want to stick with what they have, but eventually they end up being part of it. I am sure, in ancient times they were doubting presence of new currencies :)
What a crazy world, I just don't want to pay with BTC or USDC and receive FED coin as "change"
very informative well done