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Justin Muzinich - Weighing Pros and Cons of Cryptocurrency and its Regulation

Justin Muzinich, the United States Deputy Secretary of the Treasury during the Trump administration, was studying the CBCD (central bank digital currency) and there are clear cost and efficiency benefits to use a distributed ledger. Click to read more.

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Justin Muzinich - Weighing Pros and Cons of Cryptocurrency and its Regulation

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  1. Weighing pros and cons of Crytpocurrency BY JUSTIN MUZINICH

  2. Defining Wealth " Wealth is the ability to fully experience life. Henry David Thoreau

  3. Cryptocurrency Since the inception of Bitcoin, the very first digital currency, people were still skeptical about the future. The last few years have shown exponential growth in the value. Now the debate is about the regulation. Justin Muzinich is optimistic about cryptocurrency's potential. EXPONENTIAL GROWTH

  4. What You Need to Know Key Points about Digital currency • Cryptocurrency is more than just a payment tool • A decentralized form of currency • Based on innovative Block-Chain technology • Eliminates banking charges • Easy international transaction

  5. RISKS Justin Muzinich explains the risks associated. Risk of Money Laundering Risk of Losing Government Control Risk of Use in Criminal Activities

  6. Need for Regulation Keeping things under control The benefits are evident and applications expected to multiply in the future. Innovative and cutting-edge technology must be adopted, starting with the superpowers, like the USA. However, Justin Muzinich is of the view that there must be a worldwide regulation of Cryptocurrency.

  7. JUSTIN MUZINICH Deputy Secretary, U.S. Department of the Treasury

  8. Connect with Justin https://www.linkedin.com/in/justin-muzinich-36aa79202 https://medium.com/@justinmuzinich/about https://www.bizcommunity.com/Profile/JustinMuzinich

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