Posts Tagged ‘currencies’

Christine Lagarde: Central Banks Digital

Posted by admin on Friday, October 6, 2017

Christine Lagarde Money Quote saying as Director of IMF, that people may ask banks to provide stable on reliable cryptocurrencies if private forms don’t stabilize. Christine Lagarde said:

If privately issued virtual currencies remain risky and unstable, citizens may even call on central banks to provide digital forms of legal tender
— Christine Lagarde

 
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If virtual currencies remain risky and unstable, citizens may call on central banks to provide digital legal tender Quote

Christine Lagarde: Prefer Virtual Currencies

Posted by admin on Thursday, October 5, 2017

Christine Lagarde Money Quote saying as director of the International Monetary Fund (IMF) that people may want the option to use cryptocurrency because it is similar to cash. Christine Lagarde said:

Citizens may one day prefer virtual currencies, since they potentially offer the same cost and convenience as cash—no settlement risks, no clearing delays, no central registration, no intermediary to check accounts and identities
— Christine Lagarde

 
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Citizens prefer virtual currencies, same cost and convenience as cash Quote

Dan Schulman: Fintech Trends for Growth

Posted by admin on Monday, February 13, 2017


Paypal CEO Daniel Schulman Money Quote saying every form of consumer financial activity is going digital and transforming all aspects of transactional commerce. Daniel Schulman said:

Currencies of all kind are digitizing, checks are disappearing although 85% of the worlds transactions are still in cash, they’re increasingly digitizing. So you’ve got money in general digitizing and whether that be in the form of cards, digitized or actually currency itself will start to digitize as well
— Dan Schulman

Evgeny Kaspersky: Cryptocurrency Banned?

Posted by admin on Wednesday, December 16, 2015

Evgeny Kaspersky Money Quotation saying regulation of cryptocurrency will not happen until it affects government control of revenue, then it will become illegal. Evgeny Kaspersky said:

I am more than sure that different countries will take turns to prohibit the use of cryptocurrency because they can’t control it. As long as they do not interfere, authorities won’t pay attention. Once [cryptocurrencies] begin to displace the national currencies – they will be immediately banned
— Evgeny Kaspersky

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