Above all, we must keep an open mind about crypto assets and financial technology more broadly, not only because of the risks they pose, but also because of their potential to improve our lives.
Great blog article here from IMF. Thank you for sharing.
It is really good to see that a global financial institution such as IMF has took notice of how potent cryptocurrency can be, both in risk and for the betterment of financial transactions.
And i do believe, that many financial institution, and even government controlled banks will be adopting to digital cash in ways we could never have imagined. There will indeed be trade offs just for them to continue to see the light of day and not be left out of the digital revolution.