Humanity cannot survive without cryptocurrency in the digital age. Why?

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2019-01-25 17:00:08

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Humanity cannot survive without cryptocurrency in the digital age. Why? Source:

CEO of Circle Jeremy Allaire says that humanity will not be able to survive the digital age without a cryptocurrency because it is decentralized and fault-tolerance nature makes them indispensable. This opinion was expressed by Aller at the world economic forum in Davos, Switzerland. According to him, cryptocurrency skeptics are usually those who simply do not understand new technology.

the

Cryptography — the Foundation for the future

According to the belief of many cryptography — it's bad. And it's scary. Why? Because cryptography is the basis for the protection of modern society, private life of each person. It is a fundamental tool of our cyber-security. And protection of each Corporation.

Aller also noted that modern society is built on digital infrastructure. Accordingly, mankind ultimately cannot survive the digital age without digital currencies.

We need protected from unauthorized access, sustainable, decentralized infrastructure, if we want to survive in the digital age.

At Allaire, now we need something more than once made the Internet. The new conversion will have a much more significant impact on the civil and economic institutions.

the

crypto-currencies can co-exist with the Central Banks

Source: CCN

Some members of the community believe that traditional bankers are vilified crypto currencies due to fear of potential threat of obsolescence financial institutions the fault of the cryptocurrency. However, Jeremy Allaire insists that Central banks and cryptococcoma can coexist, says CCN. We will remind, the similar founder Vitalik Buterin.

We are huge supporters of the digital currency from Central Banks and supported this idea for a long time. Last fall we launched and it grows rapidly.

According to head of the Circle, cryptocurrency is versatile as it can work on the blockchain, which interacts with tens of millions of digital wallets from around the world. While cryptocurrencies can be used as credit and payment transactions. They allow dollar payments around the world in seconds, and do it very cheaply. More data to search for .

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