Walkenburg, in his speech before the US banking committee, said seven years ago that Bitcoin and blockchain were able to radically change the world financial system. He called Bitcoin a public monetary system, compared with the Internet, a network where information is openly published. The head of Coincenter said that before the appearance of bitcoin, monetary online transfers demanded the participation of many intermediaries, namely banks and payment systems.
“What does Bitcoin do? Everything is simple. It allows any person to send and receive money in the world using only a computer and connecting to the Internet. Everyone can add an entry to a distributed register, transferring their bitcoins to someone else. Bitcoin is the first public public money in the world, ”Valkenburg explained.
On the published video, Walkenburg admits that Bitcoin can have its drawbacks – by analogy with the deficiencies of email in 1972. The representative of Coincenter spoke about
incIssue In 2017, the hacking of the American Bureau of credit stories Equifax, when hackers gained access to social insurance numbers about half of the Americans (143 million people).
Trump recently stated that Bitcoin helps to weaken the pressure on the dollar, and promised that the United States would become the leader in the development of digital assets.
Source: Bits
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