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Learning & News => News related to Crypto => Topic started by: newshunter on November 08, 2019, 07:00:28 PM

Title: Max Keiser: Bitcoin's 'Self-Settlement' Is a Revolution Against Dollar
Post by: newshunter on November 08, 2019, 07:00:28 PM

Max Keiser: Bitcoin's 'Self-Settlement' Is a Revolution Against Dollar

Move over U.S. dollar, Bitcoin’s self-settlement is key in disarming the weaponized world reserve currency, says Keiser

Source: Max Keiser: Bitcoin's 'Self-Settlement' Is a Revolution Against Dollar (https://cointelegraph.com/news/max-keiser-bitcoins-self-settlement-is-a-revolution-against-dollar)

Would appreciate your opinion about this

Title: Re: Max Keiser: Bitcoin's 'Self-Settlement' Is a Revolution Against Dollar
Post by: Bobcrypto on November 08, 2019, 10:01:49 PM

I think mr. Max Keiser, in a reasonable extent might be correct. I also thought that it could be another reason while Facebook libra project has been facing challenges since it's announcement few month ago. In a nutshell, Max Keiser has a very good point here.

Title: Re: Max Keiser: Bitcoin's 'Self-Settlement' Is a Revolution Against Dollar
Post by: Alcor on November 09, 2019, 09:27:14 AM

I would not be in a hurry with conclusions. Let's see what happens at least another ten years from now. Stable coins very quickly began to gain popularity, because they are based on the authority of both the regular currency and the states, if a stable coin is issued by a particular state. The future of decentralized cryptocurrency is still uncertain. This is especially true for universal coins that do not serve certain types of business.