Post
Topic
Board Economics
Re: Are Cryptocurrencies Really Money?
by
StartupAnalyst
on 26/01/2021, 23:13:51 UTC
Yesterday, while surfing the social media that aggregate trends, Twitter, I ran into what was like a very exciting poll, the best I have seen this year.
The poll was created by International Monetary Fund (IMF) to monitor the two types of virtual currencies which are; the cryptocurrencies and the central bank digital currency.
The poll went thus;
1.   Are central banks digital currency really money? The poll result was Yes (33.8%) and no (66.2%)
2.   Are crypto currencies really money? The poll result was; Yes (79.9%) and no (20.1%)
What is your opinion about these polls?

These poll results are really curious and interesting. Maybe people mistrust CBDC’s because they fed up of banks and don’t want to use some digital currencies that they will provide. Nevertheless people like decentralized and hardly predictable cryptocurrencies. That all means that crypto has future because people believe and actively use it.