John McAfee: of centralized crypto currency exchange will be dead in five years

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2018-09-18 18:00:07

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John McAfee: of centralized crypto currency exchange will be dead in five years Source:

According to McAfee, centralized exchanges «die» in the next five years. Their place will be decentralized exchange (DEX), which do not have the confidence of traders for normal operation. Such a move would be «the greatest economic boom in human history». About it writes .

the

Where will disappear crypto currency exchange

Decentralization is good, but kryptonyte all good again broken on the services of intermediaries. While these intermediaries are the exchanges that handle huge (by the standards of the crypt) trading volume. When the trader entrusts their money to the exchange, he can only rely on the level of protection and integrity of creators.

Unfortunately, even the most well-known exchangers victims of hackers and often lose money. But DEX is completely independent of all intermediaries, they give traders the necessary guarantee of security trading deposits.

John McAfee believes that regular exchanges will fall victim to corruption and disappear in five years. Their place will be DEX, which will be distributed on millions of devices, including smartphones. After some time decentralized exchange will put an end «war with the world's governments».

Because I don't care how much power the state has, how much it has police, soldiers or something. If the exchange is distributed over 20 million wallets on smartphones, laptops and tablets how to close it? It's impossible. Unless someone can disarm 20 million devices across the planet.

McAfee also explained why the cryptocurrency does not need regulation from the state. Corruption and centralized authorities is a relic of the past, in the future a key place in the world will take the blockchain.

The Blockchain makes me the judge of truth. CNN says its the truth, its Fox News, Russia, China and America also have their own truth. Before we didn't know where the truth is. Know now. Understand, however, and regulation cannot co-exist.

Recall that John McAfee is known for his bullish about the price of Bitcoin. Millionaire repeatedly in support of the blockchain and cryptocurrency.

If you want some tough stickers with John, visit our . And here you can discuss the crypt, Yes.

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