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Showing posts with the label Is DLT by Governor Jerome H. Powell to eat up Bitcoin? [on hold]

Is DLT by Governor Jerome H. Powell to eat up Bitcoin? [on hold]

Is DLT by Governor Jerome H. Powell to eat up Bitcoin? [on hold] Innovation, Technology, and the Payments System by Governor Jerome H. Powell vs. Bitcoin BlockchainPro Hi, I would like to introduce the concept of BlockchainPro in support of Distributed Ledger Technologies (DLT) based Digital Currencies Issued by Central Banks to the General Public Since there is no global incentive on how to limit the incorporation of new digital currencies - altcoins every day, week, month, what can be easily noticed is hyperdeflation in digital currencies, since two ecosystems don't match. Over emission of fiat currencies can be easily eaten by virtual currencies market, making prices of virtual currencies to go up and up and the sky is the only limit. Fiat currencies once entered virtual digital currencies market require deflation mechanism. So the best mechanism to work is to implement Best Before: Date clause for virtual digital currencies issued by central banks. Let me know your opinio...