Earlier, we wrote about the position of the IMF and the EU regarding cryptocurrency and blockchain. Managing director of the IMF, Christine Lagarde, who recently warned about the risks of using cryptocurrency, found the positive side in them: for instance, with the help of using cryptocurrency you can make a transaction of any amount quickly and inexpensively.
According to Lagarde, the blockchain can help the financial markets to function much more effectively, and contribute to compliance of property rights.
Nevertheless, the head of IMF does not deny the fact that the cryptocurrencies have not yet acquired sufficient support and confidence from consumers and authorities.
"A judicious look at crypto-assets should lead us to neither crypto-condemnation nor crypto-euphoria,” - Christine Lagarde.
To add, there was an article with a list of countries most loyal to cryptocurrencies in the blog, which described innovations related to the blockchain, cryptocurrencies, and even the state where the counting of votes was conducted using blockchain technology.
Despite the pressure of the government in many countries, the popularity of cryptocurrencies continues to grow, and the blockchain is earning a place in the sun. Furthermore, Christine Lagarde's point of view only helps in strengthening cryptocurrencies and increasing confidence in them.
Do you agree with Lagarde's statements and is it positive that the person who recently announced high risks of using cryptocurrency has made her opinion public about the ppospective aspects of cryptocurrency and blockchain?
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