Reasons to adopt crypto currency

in #crypto8 years ago

I wanted to share this story that covers some of the numbers around credit card theft and credit card fraud. Sadly, credit card fraud extends into the billions every year. It's just not a very secure way to exchange money and it should be one of the biggest drivers for people and stores to adopt crypto currency. The cost of fraud is always passed on to the consumers and the stores, using more secure cryptos will greatly reduce the cost of fraud we all bear.

As well, an expert at the Federal Reserve admits that crypto may be the solution to the Triffin Dilemma that the Fed doesn't have a fix for with fiat currency. It will be interesting to see what the future holds!

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