Do you think it will come on and each company opens its own coin?

[Sid 589]

I agree with the OP that it is difficult to happen, maybe what makes more sense is that companies in the same field work together to make suitable cryptocurrencies. So the use of these coins will be wider 😄

[robertyuter 17]

Not because it would lose the sense the probable buyers would have to look for a currency for each purchase would be like buying in different countries being in the same town. Most likely, a currency like XRP will become a currency of everyday use for all purchases.

[chinox2020 11]

We never know, but it would be a great shame. and I think there shouldn't be a lot of coins. So even if they release new coins, we shouldn't agree with them. since it could generate great chaos.

[Calvinpriva 17296]

I think it will be really hard for all companies to create their own coin, because there are many coins that are partnering with a lot of companies instead of creating their own coins.

[Koussaygame07 103]

This is not possible due to the fact that transactions between humans will be difficult and because each group of people will have their own currency and do not recognize other currencies.

[Anarchy09 138]

On 22.10.2019 at 16:46, Thekingcallme said:

Do you think it will come on and each company opens its own coin

I don't think so because it would be a real mess and make you have to have thousands of currencies
In my view, one common currency must be chosen between them

There is nothing wrong with opening your own currency for a company. Basically, companies create coins in order to attract investors to their business, and often, if the business plan and the interests of investors coincide, then one helps the other. In the real world, securities, stocks, and bonds are accepted as coins. An investor who buys campaign shares receives a dividend. In cryptocurrency, such dividends have not been observed before, but now events are being created, during which other coins are distributed to coin holders

[Wesamqasem 10]

Possibly nothing is impossible in this strange world

[Aedan_Vousland 41]

It's highly unlikely. One of the biggest upsides of a ceypto is decentralization. We don't really need yet another corporative product, when we already have open-source decentalized projects that could be connected to corporative offchains if needed.

[esoj 52]

This is relative with respect to each company taking out its own crypto, it will be anchored to the financial market of the same, therefore its real value can collapse much faster

[Kron1749 63]

I am not sure about all companies. But some like Apple,Samsung,Microsoft can create their coins. So people can buy smth by using their coins. I don't know when they will do it, maybe in 2 or 3 years. When more and more people will start using crypto
PS: pls, like my comment

[Bulver 100]

The discovery of a coin in every company is the engine of progress and attracting the attention of modern cryptocurrency users. After a while, all this will be legalized and will completely change our entire financial ecosystem. On one currency, I agree. It seems to me that the dollar will remain the main one, just people will be able to keep in their wallets any coin that, upon payment, will be converted into dollars at today's rate.

[simonsilva823 53]

It would be a financial disorder with the companies, there would be great competition for which currency of them would be the best, I do not agree that each company has its currency, they should work with the universal currency without so much problems, it will be a more controlled and centralized system .
 

[supertron1234 44]

I don't have much knowledge to give the best opinion of all since I lack the subject of cryptocurrencies a bit, but I think it would be crazy for each company to create their own coins, since many people will lose time to make the respective transactions, but currently we live in a globalized world where many are opting for that option, since they see it as something beneficial in the long term. It may be that the most important companies in the world choose to do that since there would be very few, and in case that occurs they should be limited, but it is only my opinion.

[TheRealCryptoDex 39]

It looks like an improbable scenario, and if all the big companies would have their own crpyotcurrencie..well, let's just ignore how harmful that could be for the market and let's focus on what is probable and in fact a good choice; companies using cryptocurrencies like a mainly method for payments/withdraws, it's undeniable tha the reputation of the cryptos still only growing up, and currently there's many big companies which have implemented them in their infrastructure (look at starbucks for example) so I'll not surprise if within just a few months we start to seeing more companies joining to this awesome virtual industry ^^

[Mridul Rahman 1058]

I don't think so.If every company release its coin then there will be mess everywhere.Crypto will fall.Our mind will be tensed with what coin we should associate.Some of the companies already tried but they are not gaining much profit from these.So i don't think that will be good idea for a company.

[den74rus 2]

Такое наверняка не случиться ,если каждая компания выпустит свой токен,начнётся неразбериха,разновидности монет будет слишком много и это к ничему хорошему не приведёт.

[Chysom20 30]

There will be problems and chaos if this actually happens. Is not every company that is eligible to roll out its own coin, this is where governments regulations comes in to maintain orderliness in crypto world. 

[crusader86 4]

No. For stability and cryptocurrency trust coins must be different and a number of coins must be limited. But companies may have digital stocks in it's own token's form.

[viktor58123 43]

There will be a bunch of useless junk coins much larger than now

[chinox2020 11]

I think NO but we never know, it would be a shame. I think there should not be many currencies as it will be complicated for the payment system if each company has its own currency.

[Eneudis 27]

Individualism and the lust for power, will make each corporation or transnational such as Facebook, for example, each create their own cryptocurrency so that it is impossible for us to choose a single crypto that unites these companies, but for those of us who have time in this world, it will be easy for us to know which currency to choose and it is none other than bitcoin.

[corrtutby 21]

It's don't have any benefits. Then you will need aggregators which will make this usable. It will increase transaction costs. Current trend is DeFi and other decentralization initiatives which is aimed to remove middle man, to reduce transaction costs. So while it's possible, I don't think that it can happen.

[Hunterdakka 25]

It's not about companies, it's about projects that companies will introduce to cryptocurrency market to retrieve some substantial problems. 

[rvbeus 22]

On 10/22/2019 at 3:49 PM, Zzoro6110 said:

I don't think it's a wise decision
I don't think all companies think the same way
This will not happen because it will cause a lot of chaos

No don’t think so. Just go for dlrs with Yobit. No issues at all and really fun.

[josbaq 46]

I think that if that happens, the cryptocurrency market would be very saturated, but this is what is happening since large companies and corporations such as Facebook, Amazon, Toyota, Walmart are even working on their own cryptocurrency, it is most likely that other corporations will do the same. .