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RE: Cryptocurrency Discussion: Can bitcoin still thrive if governments introduce their own digital coins?

in #bitcoin9 years ago

My thoughts as well. So, what happens to the current cryptos when govcoins enter the fold?

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I think many that promise widespread adoption as an actual currency will fall to the wayside, as their market is taken over by the govcoins. Some will be kept alive by speculative investors, as well as principled investors that choose decentralized coins.