On one hand, Christine Lagarde, head of the International Monetary Fund (IMF), is encouraging banks and governments to not short-change Bitcoin and other cryptocurrencies. On the other hand of the same body, Harvard professor and Ex-IMF Economist Kenneth Rogoff, says Bitcoin Price Bubble “Will Collapse” with Government Regulation; that Banks need to prepare for “Negative Interest Rates” and “Cashless Transactions”; and who argues that the US $100 bill, the “Benjamin Franklin”, ought to be retired completely.
We have the US Government thinking about Blockchain Delivery, legal definitions, and the Trump administration planning to establish Blockchain-based National Identity Systems.
While the IMF could Issue it’s own “International Cryptocurrency” (IMF Coin) to Replace the US Dollar as the global reserve currency? The Dubai government is placing its entire Land Registry on a Blockchain, and Dubai also has the intention to issue their own state cryptocurrency.
What’s happening to money? What’s about to happen to the money?
And are there any clues on the cover of the Economist, or the endless on-goings of Reddits.
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