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Tron [TRX] Founder, Justin Sun supports Malta’s Prime Minister to build a blockchain island

Prerana Sarkar

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Justin Sun confirms future operations in Malta
Source: Flickr

Justin Sun, Founder of Tron Foundation has confirmed the news regarding Tron expansion in Malta. He recently announced on Twitter that he is grateful to PM of Malta, Joseph Muscat for his support and is looking forward to building a blockchain island with the Malta Government. He even added that TRON Foundation is considering to invest and operate in Malta along with their strategic partner, Binance.

Justin Sun's tweet regarding operations in Malta

Justin Sun’s tweet regarding operations in Malta

The speculations of Tron expanding to Malta has been on ever since Changpeng Zhao [CZ], CEO of Binance had recently announced that they will be starting operations in Malta with the support of the Malta government and Prime Minister, Joseph Muscat.

Binance was keen on spreading their operations in the E.U and chose Malta as they are a pro-blockchain nation and are formalizing a virtual currency act. This act will be paving a path for one of kind audit framework which focuses mainly on regulating blockchain investment.

Ramona Galea, a crypto enthusiast says,

“I am a Maltese and I have been following TRX before its crazy peak in January. This is amazing news for us. The maltese will be investing in your coin and will surely make it go to the moon again. Well done for all the work!”

Andre, a Twitterati and cryptocurrency investor says,

“If that happens then Tron will be $10”

Crypto Vikings, a cryptocurrency enthusiast says,

“Rename Malta to cryptopia.”

Ub Forty, a crypto-trader since 2013 and Ripple investor says,



“Be careful. Malta may be a sovereign nation, but it cannot withstand a concerted EU pressure or even German pressure. Joseph needs allies in the EU. Hopefully, the French will continue to grow their crypto enthusiasm.”

Hodlordie, another Twitterati says,

“You’re a vulture. You are merely jumping on the band wagon to pump your plagiarised shitcoin.”

The Tron Test Net launch on March 30th and Tron topping Koniex have already railed up the market which resulted in a huge boom in TRX value. According to CoinMarketCap, TRX is currently trading at $0.042 with a market capital of $2 billion.





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Prerana Sarkar is a part of AMBCrypto's News Reporting Team from January 2018. She is a Journalism major from Mount Carmel with two years of writing experience in Bitcoin and Blockchain related articles. Prerana does not hold any value in cryptocurrency or its projects

Bitcoin

Bitcoin’s [BTC] biggest threat is its users, not governments, says Bitcoin.org’s Cobra

Febin Jose

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Bitcoin’s [BTC] biggest threat is its users, not governments, says Bitcoin.org’s Cobra
Source: Pixabay

Bitcoin [BTC], the world’s largest cryptocurrency, saw a significant surge earlier this month, helping the coin break strong resistance at $5,000 and $5,200. Following the great fall of the king coin in early 2018, the Bitcoin ecosystem was struggling with scalability and technological issues, eventually leading to the hard fork.

Bitcoin.org’s Cobra, who is also the co-owner of Bitcointalk.org, has always maintained that Bitcoin was the cryptocurrency to look out for through his various Twitter bouts with prominent personalities in the cryptoverse. Due to his strong, unbridled support for Bitcoin, he has often trashed altcoins for their low market dominance.

In a new Twitter thread, Cobra spoke about the “biggest threat” to the Bitcoin ecosystem. Even though many crypto-enthusiasts believe that governments and technological issues were the biggest threats to the king coin, Cobra had a completely different opinion.

According to the Bitcoin maximalist, users have the potential to signal Bitcoin’s doom. His tweet read,

Source: Twitter

Source: Twitter

Though most Bitcoin supporters usually support his opinions, this tweet was met with a lot of resistance. Twitterati swarmed the thread in an attempt to prove him wrong. A user named @MrHodl alleged that this could not be true as Bitcoin had “no community.” He added that this, in turn, prevented toxicity in the ecosystem.

Cobra replied to the tweet stating,



“I think there is a community, it’s just not fully representative of everyone with a stake in Bitcoin. Most holders are quiet and not too familiar with what’s going on. There’s people with 1000+ BTC and they don’t engage at all with discussion platforms, just lurk.”

Some Twitter users took it as an attack on Bitcoin investors and opposed Cobra’s stance. A user @CarstenBKK commented,

“Maybe I am lost in translation. What do you wanna tell us? That you are part of Bitcoin network of people owning/using it, but you are just disgusted by the idea, that the network is called community in the sense of direct human collaboration and affection to the groups ideals?”

Previously, Cobra had accused Twitter’s Jack Dorsey and Square Crypto of pandering to Bitcoin users, while also suggesting that the crypto project was merely a way to bring in more users for Dorsey’s CashApp. His tweet read,

“Gotta respect how hard @sqcrypto is pandering to Bitcoiners. Very clever how @Jack has embedded himself in the community; in return the community promotes @CashApp, which gives that service a small but dedicated and activist group of early users.”





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