FEDCOIN ANNOUNCED!!! HUGE MAJOR NEWS....
Well, essentially FedCoin announced. Circle (owned by DCG) owns Poloniex, today Poloniex announced the launch of USDC Coin.... and - Coinbase is going to be essentially the regulatory agency for all cryptos by allowing decentralized cryptocurrencies to be listed on Coinbase.... THIS IS HUGGGGGGGE!
I had predicted: 1) The fed would create FedCoin, and 2) that the federal government would create regulatory agencies to allow decentralized cryptos register to make payments on private blockchains.
However, the Federal Reserve in FACT controls DCG (Digital Currency Group). Therefore they in "fact" control Coinbase and Circle and Poloniex.
THEREFORE MY REPORT IS ACCURATE, BECAUSE:
1. By allowing Circle/Poloniex to create USDC coin, which is essentially the FedCoin, they are allowing a private company in place of the Federal Reserve to control this new currency.
2. By allowing Coinbase to allow decentralized cryptocurrencies to be listed on Coinbase, decentralized cryptocurrencies must go through regulatory hoops which essentially makes Coinbase the regulatory agency for the government.
WOWWWWWWWWW >>>> THIS IS HUGE:
https://blog.circle.com/2018/09/26/introducing-usd-coin/
Introducing USD Coin
Today Circle and the CENTRE open source consortium introduced a service to tokenize US dollars and use those dollars over public blockchains on the internet: USD//Coin, also known as USDC. Individuals and institutions can enroll in this service to deposit US dollars from bank accounts, convert those dollars into tokens usable everywhere the internet reaches (subject to the token’s compliance controls), and redeem USDC tokens and cash out to bank accounts.
In addition to immediate usage on Circle Poloniex and Circle Trade, more than 20 companies are also announcing or launching support for USDC today. Other wallets, exchanges, and software applications can add support for the USDC token through the open ERC-20 standard.
Introducing USD Coin
Today Circle and the CENTRE open source consortium introduced a service to tokenize US dollars and use those dollars over public blockchains on the internet: USD//Coin, also known as USDC. Individuals and institutions can enroll in this service to deposit US dollars from bank accounts, convert those dollars into
https://blog.circle.com/2018/09/26/introducing-usd-coin/