Zusammenfassung
The world of Fiat currencies are old, outdated, not enough hard currency money
supply and mismanaged by its current governments (Currency Wars) and now starting to
cause Social unrest, this is only the beginning and trying to get ahead of and prevent this
very serious situation from getting really out of hand. The world has experienced Global
Financial Crisis (2008 -2013), Central Banks disorder = Major Social disorder & unrest. In
this paper, we present a survey on crypto currencies, merits of crypto currencies compared
to fiat currencies and we then compare different crypto currencies that are proposed in the literature. Finally, we propose different requirements that should be satisfied by crypto currencies to replace Fiat Currencies.
Nutzer