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RE: Bits and Pieces -The Good, The Bad & The Fugly

in #bitsandpieces7 years ago

Countries like Ripple because it has an owner. It is centralized. So, therefore they can control it. Steem and other crypto currencies cannot be controlled. Governments do not like things they cannot control.

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I have not learned about Ripple, but I see in market vip indonesia Ripple is still affected by up and down Bitcoin, that means Ripple is also not an independent coin

If the government wants a coin that they can control, the government can use steem by signing up into a witness steem, so every country listed as a witness steem they can control it together

But if there is only one single currency in the world, it also will not be good because there is no market competition, it's all just my personal thoughts