Here I found their blog with that picture for you:
https://blogs.imf.org/2018/05/30/our-digital-future/Money makes the world go around, Liza Minnelli famously sang in the movie Cabaret. Money has for centuries been central to human relationships. Loss of faith in its value can result in economic and political instability, even war. In the past few years, financial technologyfintech for shorthas caught the worlds imagination by offering alternatives to traditional means of payment. Will digitalization redefine money? In this issue, we explore the possible consequences, good and bad.
Traditionally, money has always been an expression of sovereignty, writes Harold James of Princeton Universityeven if states at times failed spectacularly to guarantee its value. Today, most experts agree that so-called cryptocurrencies do not possess all the core attributes of money. But they also believe that distributed ledger technology, which underpins such assets, has the potential to transform payment services by removing the need for an intermediary. This would reduce the role of central banks and weaken state authority over the money supply. Indeed, that was the political motivation behind Bitcoin, the first decentralized digital currency.
Swedish central bank governor Stefan Ingves points out that, at present, only 13 percent of transactions in his country are settled with cash. If banknotes and coins have had their day, then soon the public will no longer have access to a state-guaranteed means of payment. That is, unless central banks redefine their role. One possibility would be for central banks to issue their own digital tokensa solution that would require careful consideration of choices and policy trade-offs, says the IMFs Dong He.
Worries about the misuse of financial technology should be weighed against its potential benefits to society. IMF Managing Director Christine Lagarde offers the following advice 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.
That's good news. Bitcoin's dream will surely be achieved, I'm sure with that, even though it still takes time to gain more trust globally, because basically the mindset of humans evolves as if it is in line with the advancement of our generation's financial technology.