Posts Tagged ‘christine lagard’

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

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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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 prefer virtual currencies, same cost and convenience as cash Quote

“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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