An audit of the US DollarsteemCreated with Sketch.

in usdollar •  7 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
Authors get paid when people like you upvote their post.
If you enjoyed what you read here, create your account today and start earning FREE STEEM!
Sort Order:  

nunnu

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

Really nice !