Post
Topic
Board Bitcoin Discussion
Re: JPMorgan criticised cryptocurrencies that they cannot be printed as weakness!
by
Shrinath
on 18/02/2018, 14:28:09 UTC
Such an irony! In the world of Crypto currency printing is not a problem at all. They need to be aware that the world is moving into a cashless market. The primary intention is for the world to be able to move into transactions without the need of CASH. The corporality that have crushed the economy without suffering any real consequence to their own livelihood nor were properly charged for their crimes, are now blasting crypto currencies that (despite of the current speculative rush during its very early infancy stage of development) remains a promising decentralized alternative currency that is made for the people of the world.

Bitcoin uses technology called a blockchain, the first of its kind. It creates an immutable ledger distributed over a network. This is very significant. Currency is one use of this technology, and other uses are being developed. There are over a thousand coins competing in the market now. Many are junk or scams, but some will thrive because they offer something useful.