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RE: Is 99% of crypto just a con? 🤔 💵

in #altcoin • 7 years ago

You are absolutely right. The altcoin party is nearly over as phase 1 is done. Now comes the phase 2 which is the utilization of the crypto currencies. It is starting next month with the Petro in Venezuela which is backed by oil. This will send soon all unbacked altcoins to their graves. Except Steemit and 3-5 other altcoins.

7 years ago in #altcoin by
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     7 years ago 

    The thing is, if this Government backed Petro takes off will it not just see the rise in other Government crypto taking over?, backed by Gold? or even worse simply the name of the country? Taking away the decentralised idea of crypto?

    Thanks for the comment.

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