Financial

The Achille’s Heel of Cryptocurrency

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A close friend of mine has worked in the financial sector for decades. He’s the CEO of several fintech companies, and he’s patented a number of processes that use distributed ledger technology. Blockchain is one application of distributed ledger technology. It seemed inevitable that it would one day be applied to currency. Blockchain is well suited to some applications, but not all. Its application to currency comes with a number of flaws that few people have considered.

The Achille’s Heel of Cryptocurrency

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