1) yes Bitcoin is fixed supply which means that US citizens would gain buying power not lose it 2) why do you need to move to digital currency? because the FED has issued enough USD if stacked would reach passed the moon it will never get printed coz its impossible
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you don't need to declare cryptocurrency legal currency its already an asset, and if one person wants to pay somebody else with an asset such as his Car or Oranges / Gold what's wrong with that? many stores in Alaska except gold from miners is that illegal? not in my eyes.
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@FinancialCmte And the main advantage of cryptocurrency = 1) the amount of USD the fed has created can never be printed 2) cryptocurrency can't be forged by criminals like paper currency / visa 3) fixed transparent supply 4) blockchain voting/10% of funds mined going to congressThanks. Twitter will use this to make your timeline better. UndoUndo
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As for the stupid fingerprintless gun guy, all bitcoin transactions have a fingerprint stupid and its easier to find criminals with
#BTC, take the police man who tried to steal some silkroad Bitcoin but got found out because of the blockchain, with USD would of gone in his pocket -
And he'd of never been found out, the fact he thought it was okay to steal Bitcoin from the government / evidence means he'd been doing it a long time with USD and getting away with it, but
#BTC stopped the corruption
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As for the issue of the government not having currency to do things that's also been solved with blockchains like zcash, it can still have a rare fixed supply = low inflation but the congress could get 10% of all coins mined to use for government
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Don't need the FED to be able to print cryptocurrency an destroy it, it can have fixed supply limits and the congrass can still get funds from the blockchain via 10% of everything mined going directly too them for spending
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the implications of cryptocurrency / blockchain are truly massive each citizen on the USD crypto network could be issued a citizen token no longer would you have rigged voting or dead people making votes and it can be used as ID
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if anybody is actually reading my comments you needed a real expert like the Canadian government got to speak about blockchain.
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you want to talk about Bitcoin been a bubble?? the current USD system is a bubble because if you stacked all USD issued created by the FED it would reach passed the moon, these numbers can never be issued unless you start to create $10,000,000 notes for the public
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