McAfee Envisions DEX in a World Where Crypto Won’t Be Traded for Fiat


In a current video posted to Twitter. John McAfee states: “Think about a world…the place fiat forex is diminishing in significance.” As an alternative of pointing to the adoption of crypto by massive cash pursuits, the rogue politician and radical bitcoin proponent talks of a full flip, the place customers received’t have to alternate their cryptocurrencies for fiat. Crypto can have develop into the dominant cash. McAfee cites his not too long ago launched decentralized alternate (DEX), mcafeedex.com, and featured stablecoins as proof this world is coming quickly.

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No Have to ‘Money Out’

His current Twitter replace finds McAfee musing on a main downside with in any other case very purposeful decentralized exchanges: individuals can’t get their cash out in fiat type. The great thing about no KYC, no AML, and no required e-mail handle is a double-edged sword that makes it…



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