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Thursday, September 28, 2017

Crypto News: What If US Dollar Was Just Another Cryptocurrency? Expert Blog

What If US Dollar Was Just Another Cryptocurrency? Expert Blog

Jamie Dimon, CEO of JP Morgan, recently attacked Bitcoin, going as far as calling it a "fraud" that will be "shut down." A lot has been written about his comments, so I will not go down this road. But it is true that cryptocurrencies, in general, suffer from a bad reputation from the public. This is mostly due to a lack of understanding of the mechanics of cryptocurrencies and the confusion between exchange hacks, which happened, and the robustness of the Blockchain itself, which cannot be hacked with existing technologies. But what if we looked at the world's most powerful currency with the same critical angle as that of the cryptocurrency opponents? What would the white paper of the US Dollar look like? Let's have a look.


Full story at http://bit.ly/2fU2Fdq


Source: CoinTelegraph


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