Head of IMF foresees the end of central banking


#1

In a remarkably frank talk at a Bank of England conference, the Managing Director of the International Monetary Fund has speculated that Bitcoin and cryptocurrency have as much of a future as the Internet itself. It could displace central banks, conventional banking, and challenge the monopoly of national monies.


This is a companion discussion topic for the original entry at http://rados.io/head-of-imf-foresees-the-end-of-central-banking-and-the-triumph-of-cryptocurrencies/