IMF tribute to Bitcoin

in #bitcoin6 years ago

On the front page of its website is a bitcoin, in its symbolic representation sounding and stumbling, that the IMF has just placed at the end of a diagram showing the evolution of means of payment ... but the tribute s 'stop her. If the following text dedicates the great inventions - the printing press, the steam engine, the railway, the electricity, the computer - the mountain gives birth to a mouse when one approaches the revolution of cryptocurrencies, presented of first as a danger before being reduced to a simple incremental innovation:
"Anonymous crypto-currencies like Bitcoin pose challenges to efforts to combat money laundering and other illicit activities. What makes these assets attractive also makes them potentially dangerous. Cryptocurrencies can be used for the trade of illicit drugs, firearms, hacking tools and toxic chemicals. However, the technology behind these currencies (the blockchain) will probably revolutionize finance by accelerating and securing transactions, while better information on potential customers will optimize the cost of loans through a better evaluation of the probability of repayment. Regulatory frameworks must ensure financial integrity and protect consumers while supporting efficiency and innovation. "
Technology at the service of a well-established system. Funny way to protect consumers.

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