Mark Mason
Well-known member
Emergence of Government-backed Cryptocurrencies Highlights Necessity of Open Source Innovation
In a recent interview with Cointelegraph, Dash Core Group CEO, Ryan Taylor, discussed how central bank-issued cryptocurrencies are the “inevitable future”.
“I do think it’s inevitable. They governments all are going — through either competitors’ pressure or through their own desires — to launch their own cryptocurrencies. But I don’t think it is where the most significant innovations will occur.”
Nevertheless, Ryan added that the “free market can ultimately design the better money than the government” and that it will be consumers that “will decide what form of money they want to consume and use as part of their lives”. Ryan also predicted that regulations could start as early as 2019 in developed nations like the U.S., but that “the smaller nations will move first as the risks for them are lower”.
Read more - https://www.dashforcenews.com/emerg...ghlights-necessity-of-open-source-innovation/
In a recent interview with Cointelegraph, Dash Core Group CEO, Ryan Taylor, discussed how central bank-issued cryptocurrencies are the “inevitable future”.
“I do think it’s inevitable. They governments all are going — through either competitors’ pressure or through their own desires — to launch their own cryptocurrencies. But I don’t think it is where the most significant innovations will occur.”
Nevertheless, Ryan added that the “free market can ultimately design the better money than the government” and that it will be consumers that “will decide what form of money they want to consume and use as part of their lives”. Ryan also predicted that regulations could start as early as 2019 in developed nations like the U.S., but that “the smaller nations will move first as the risks for them are lower”.
Read more - https://www.dashforcenews.com/emerg...ghlights-necessity-of-open-source-innovation/