Five years later, Fiat will only be available to criminals. The future of cryptocurrency
Source:
Bitcoin billionaire Tim Draper announced very extraordinary forecast, in five years, Fiat will only be available to criminals. During this period the level of acceptance of the crypts in the world will reach unprecedented heights, so that it will become the most common means of exchange in almost all countries.
theFiat for criminals
Less than a decade, as money, in their current form will become obsolete. To use the banknote in the future — not fashionable, expensive, and pointless. However, paper money will become a great tool to Finance crime, because their threads are almost impossible to track.
Criminals will go for Fiat because of those cheaters, who uses constantly hunt through the blockchain.
This is openly stated even in the Office of the drug enforcement administration (DEA). In August 2018, Agency officials admitted that they are easier to catch cheaters who use the crypt.
According to Draper, to keep the money in the Bank is much more dangerous than buying cryptocurrencies. As he said, his Bank «is constantly under attack from hacker attacks». But the Bitcoin blockchain to date, so no one was able to hack.
Source: Profi-Forex
The Point of view of billionaire supports another major Bitcoin investor Jeremy Gardner. He noted that the global financial system is more suitable for things such as terrorism and crime. But the blockchain, on the contrary, a very bright future.
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Tim Draper is not going to abandon its previous projections of prices of Bitcoin — he still believes in the rapid growth of the main cryptocurrency. Recall that in November last year, the expert that Bitcoin will reach 250 thousand dollars by the beginning of 2022. More details look at our .
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