Christine Lagarde: Prefer Virtual Currencies
on Thursday, October 5, 2017Christine 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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