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?
Two poll questions of interest. If I will contribute to the poll selection, I will answer "yes" to both questions. The central bank's digital currency is money because we can make payments, buy, send, and receive digital currency. Likewise with cryptocurrency. Cryptocurrency has the same function as a central bank digital currency. However, the two currencies have many differences.
should, the questions of the poll are:
1. Are the central bank's digital currency better than cryptocurrency?
2. Are cryptocurrencies better than central bank digital currencies?