Post
Topic
Board Bitcoin Discussion
Re: Will Bitcoin replace credit?
by
Quantumplation
on 29/01/2018, 23:12:29 UTC
"At the moment, virtual currencies such as bitcoin are no longer a threat to the existing order of credit and central banks," said Christine Lagarde, director general of the International Monetary Fund. .

Why? Because they are too precarious, too risky, too energy-consuming, because the underlying technology is not capable of changing and because many virtual currency is not transparent to law enforcement, a virtual currency has been hackers steal ".

What do you think?
People that have their own money and is willing to spend it will not rely on Credit companies or Credit Scores. So, sure...Bitcoin can help with that.