Market Cap
24h Vol
7054
Cryptocurrencies
82451
Markets
Bitcoinist
2018-10-02 18:00:01

CFTC Chairman: Two-Thirds of Fiat Currency ‘Not Worth Paper It’s Written On’

The head of the US regulator Commodity Futures Trading Commission (CFTC) sees Bitcoin or other cryptocurrencies helping consumers escape fiat currency in the majority of the world by 2028. Giancarlo: Cryptocurrencies ‘Here To Stay’ As part of comments to CNBC about cryptocurrency regulation in the US, chairman J. Christopher Giancarlo described “two thirds” of fiat currencies currently in circulation as “not worth the polymer or the paper they’re printed on.” “I personally think cryptocurrencies areRead MoreThe post CFTC Chairman: Two-Thirds of Fiat Currency ‘Not Worth Paper It’s Written On’ appeared first on Bitcoinist.com.