IMF Can No Longer Ignore Virtual Currency

in news •  7 years ago  (edited)

Christine Lagarde appointed public frontman of the International monetary fraud.....fund (IMF) said yesterday at a conference in London, that virtual currencies can no longer be ignored and may actually have some good uses in countries who have weaker monetary positions on the world stage.

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Lagarde went on to say that it might not be wise to dismiss virtual currencies and that she believes there will be great use for them in the future , calling virtual currencies " dollarization 2.0" although she said she thinks it is still a fair way off in the future..

Mixed feelings reading this as it is good to see more adoption, but worrying when one of these bankster criminals sees potential. Who knows what slimy scheme they are concocting behind the scenes to try control the virtual market...

Source:

https://www.coindesk.com/imf-head-christine-lagarde-it-may-not-be-wise-to-dismiss-virtual-currencies/

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I think it's too late for them to reign this in. No doubt they will try to clamp down and/or gain control, but the horse has already bolted.

intresting...think only decentralization of cryptocoins is problem

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Without a doubt, the powers-that-be will do whatever they can to maintain control of money and finance and us.

However, it's unlikely that they will manage to do so. Cryptocurrencies will probably sound the death knell for banks.

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