Post
Topic
Board Press
Re: [2019-03-21] Blockchains Have Merit, But Cryptocurrencies Won’t Take Over
by
NeuroticFish
on 22/03/2019, 14:10:26 UTC
However, the International Monetary Fund officials are not on the same page in regards to the general excitement about this new budding concept of money. According to IMF economist Antoine Bouveret and assistant director Vikram Haksar, virtual coins do not fulfill basic functions of money, such as being a store of value, means of exchange, and unit of account.[/i]

Let them believe what they want. As long as they allow crypto interact with the financial world they have the monopoly on, it's a good start. As long as crypto have no merit, not good, and whatever they think, it's not seen as a threat. Perfect.
We need them allow crypto develop. And that can happen easier if there are less enemies.

How long it took to evolve from gold coins to printed bills? Where they accepted happily by everybody from start? Bitcoin will grow more and at some point it'll take its deserved place. But we need (much) more patience.