Bitcoin halving could bring way more mining back to North ...

08-25 03:42 - 'How long before we see bank issued crypto currencies (Citicoin, Americoin, Gold(man Sachs)coin?' (self.Bitcoin) by /u/rantus removed from /r/Bitcoin within 0-8min

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The way I look at it is like this: The banks can slow this down but they aren't stopping it. They can only slow it down because politicians are nothing more than bag men. You hand them the cash, they do what you want. But as Bitcoin gains more and more strength then Fiat will devalue, maybe only marginally, but crypto is not inflationary. If you think that the bankers aren't plnning on using it to hedge against the future then I think you're sadly mistaken.
Altcoins have (thus far) shown relatively little circulation/usage. But if the banks started mining their own coins then what? Name branding goes a long way. Not only could they create their own coins but they could create a payment infrastructure to support real time simultaneous payments/exchange with othetr bank issued coins.
Any thoughts on this? Other than state issued crypto, and the original Bitcoin itself, what would be able to compete with those kinds of resources?
'''
How long before we see bank issued crypto currencies (Citicoin, Americoin, Gold(man Sachs)coin?
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Author: rantus
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Oleksandr Lutskevych, CEO & Founder of CEX.io believed that US and UK investors expect Bitcoin to serve as a hedge against currency depreciation, which indicates the American’s demand in seeking alternatives to fiat currencies. Kokesh identified the need of creating a decentralized monetary system and AmeriCoin will serve as the backbone to achieve his goals. Libertarian Adam Kokesh has appointed Alastair Caithness to work on the development of the AmeriCoin cryptocurrency. Adam Kokesh, the first libertarian candidate of the 2020 U.S. Libertarian Presidential Candidate Proposes ‘AmeriCoin’ to Achieve American Dream The mining starts immediately after confirmed payment. First payouts within 24 hours. About The AMERICOIN (AME) Americoin is one of the most transformative technologies since the invention of the Internet. Americoin stands firmly in support of financial freedom and the liberty that Americoin provides globally for anyone to voluntarily participate in a permissionless and decentralized network ... But American investors are increasingly perceiving Bitcoin as more of an opportunity than a risk. As this perception changes, and over-leveraged operations in China come apart at the seams, both factors will contribute to North America gaining a foothold on China in this new mining economy. Virginia Beach, Virginia isn’t exactly known as a hotbed of bitcoin mining activity, but that appears to be changing, and soon. A local company has sunk 65 million USD into a giant facility, as ...

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AMERICA TO BAN BITCOIN MINING!? Stocks Crash TOMORROW!! BTC Weekly Close! Altcoin, XRP & Crypto News

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