Friday 20 April 2018

The bitcoin received a rising impulse from the IMF

The largest digital currency in the world - the bitcoin, received some support from the International Monetary Fund and rose above the psychological limit of $ 8,000 on Tuesday.
The cost of the bitcoin rose 1.3 percent to $8,109, with its lowest daily value at $7,972.55 per coin.
Surprising support came not by anyone, but by IMF chief Christine Lagarde. She said late on Monday that the IMF sees the positive influence of the bitcoin and blockchain technology.
This was, to a large extent, a surprise, given Lagard's previous comments on the bitcoin.
In fact, Lagarde is quite inconsistent in its position with regard to the cryptocurrencies.
Global digital currency may be a future option for the IMF. This was stated by the head of the fund, Christine Lagarde, during the forum organized by the English Central Bank last October. Lagarde hinted at the development of the cryptocurrency, which would be used for special rights issued by the IMF.
These currencies can displace the reserve currencies used by the Fund.
The IMF has already begun exploring the possibilities of creating its own cryptocurrency with external consultants. Lagarde commented that replacing current reserve currencies with IMF's own cryptocurrency is not so much a far-fetched opportunity.
The IMF cryptocurrency may seriously endanger the domination of major reserve currencies, market forecasters predict.
According to experts, the creation of such a cryptocurrency could be backed by countries like China who would like to reduce the impact of the US currency as a reserve one.




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