Cryptocurrencies and blockchain technology is threatening every industry form baking systems to governments. Recently Jamie Dimon of JP Morgan called bitcoin a fraud and said “I would fire anyone who trades bitcoin”. But that didn’t stop, people are trading in bitcoin instead and now they say that blockchain is a good technology and we may use it.
Bitcoin is the first and top cryptocurrency with current market capital of $130 billion USD.
Here is the brief comparison between Fiat Money and Cryptocurrencies (bitcoin).