An audit of the US DollarsteemCreated with Sketch.

in #usdollar7 years ago

Here you‘ll find an audit of the US Dollar:
https://blog.zeppelin.solutions/us-dollar-audit-90dbcbb0258f

If you audited the Dollar as strict as Bitcoin these would be the findings:

  • Centralized issuance, requires trust in US government
  • Not backed by any physical asset
  • Heavily depreciating asset
  • High energy usage and environmental impact
  • Undetermined confirmation time for transactions
  • Unappealing design
  • Highly susceptible to theft
  • Unsuited for global transfers
Sort:  

Fiat is not gonna rule on too much centralisation is not good sometimes

Really nice !

Coin Marketplace

STEEM 0.18
TRX 0.16
JST 0.029
BTC 77191.63
ETH 2961.40
USDT 1.00
SBD 2.63