Quote from: shandiem14 on August 22, 2018, 11:58:23 PM

Quote from: meltoooot on August 20, 2018, 05:09:32 AM

Quote from: buzcoin.io on August 19, 2018, 06:06:08 PM

Jeffrey Tucker: the unsecured US dollar will lose to cryptocurrencies

The economist and editor- in-chief of the American Institute of economic research Jeffrey Tucker believes that the situation with the US dollar is critical.

In his opinion, the US currency, which has no security and the volume of emission, as well as the exact amount of money in circulation, are a secret behind seven seals, will lose in the competition to cryptocurrencies.

Tucker emphasizes that cryptocurrencies are already "the first successful embodiment of the idea of world money".

He also believes that difficult times await the global banking industry, as "cryptocurrencies work directly, they do not need intermediaries."

https://buzcoin.io

if this happen us dollar are not the number one currency in the world but this is a long process and they need the mandatory law if the volume of circulating dollar is getting low this is bad for all investor, the embodiment is good to all to see what are they planning.

He's right U.S government are not paying attention the debt that they are facing, they printing more money without a back up of gold they produce more but cash is not surviving in the long run, I think we will have a global crisis later on this year if it's goes wrong.

Cryptocurrencies will be the universal currency in the near future, that will make US dollar with other nation's currency lose its value. Almost everything is digitized so no wonder the idea of cryptocurrency and block chain are going strong.