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    IMF Falls into Panic Mode as Society Chooses Crypto Over CBDC

    Kristalina Georgieva, managing director of the IMF, urged countries to be more active in their pursuit of CBDC.

    The IMF fears that failure to agree on a common CBDC platform could lead to a vacuum that is likely to be filled by cryptocurrency.

    The IMF's warning comes at a time when Cryptocurrencies are gaining increasing attention and acceptance, suggesting that they may eventually become a viable alternative to traditional fiat currencies. криптовалутите придобиват все по-голямо внимание и приемане, което предполага, че в крайна сметка те могат да се превърнат в жизнеспособна алтернатива на традиционните фиатни валути.

    If cryptocurrencies — which are decentralized and not tied to any government or central authority — fill the vacuum left by the lack of CBDCs and become the preferred medium of exchange for international trade, then the entire global financial system could be revolutionized.

    Cryptocurrencies can offer faster and cheaper transactions than traditional financial systems, with the added advantage of increased privacy.

    *Днес цената на биткойн надминава $41 500, увеличавайки годишните печалби до над 150%

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