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IMF Head Foresees the End of Banking and the Triumph of Cryptocurrency
#1
Crypto will displace central banks, normal banking and challenge the monopoly of national currency!

"In a remarkably frank talk at a Bank of England conference, the Managing Director of the International Monetary Fund has speculated that Bitcoin and cryptocurrency have as much of a future as the Internet itself. It could displace central banks, conventional banking, and challenge the monopoly of national monies."

https://fee.org/articles/imf-head-predic...F1hAGlTI18
Cardano is the most promising 3 gen. crypto right now.


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#2
(2018-10-30, 08:55 AM)Carsten Wrote: Crypto will displace central banks, normal banking and challenge the monopoly of national currency!

"In a remarkably frank talk at a Bank of England conference, the Managing Director of the International Monetary Fund has speculated that Bitcoin and cryptocurrency have as much of a future as the Internet itself. It could displace central banks, conventional banking, and challenge the monopoly of national monies."

https://fee.org/articles/imf-head-predic...F1hAGlTI18

This is what I stated in one of my posts about the use of SDR. Maybe I didn't write it leterally, but is is what I meant.
What is this thing that builds our dreams, yet slips away from us?

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#3
Yes and more are thinking the same.
Cardano is the most promising 3 gen. crypto right now.


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#4
It is great to see someone of this level and position talking positively about crypto.
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#5
Crypto is winning more and more adepts in high sphere of the economy... Things are going to move fast when big institutional money is going to invade the crypto world. There is no escape for them now, they have to admit that crypto is there for good... The only things is which ones will be still alive in one or two years... There will be a major cleanup of shitcoins soon...
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#6
Yes in a few years many coins must be gone, but some will have huge acceptance and will be replacing normal fiat for payment. It is happening already.
Cardano is the most promising 3 gen. crypto right now.


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#7
We definitely need a crystal ball and some spare 1000sUSD!
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#8
We already tried to guess which coins will make it. Now we just have to wait and see
Cardano is the most promising 3 gen. crypto right now.


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