IMF Chief Acknowledges Bitcoin Benefits, Discusses Potential of Crypto

Christine Lagarde, head of the International Monetary Fund (IMF), praised Bitcoin in an official blog post and suggested that cryptocurrencies like it could have real global benefits.

Lagarde claims that not only could Bitcoin enable fast and inexpensive transactions, but the underlying technology behind cryptocurrencies, blockchain, could make financial markets safer.

She wrote, “Just as a few technologies that emerged from the dot-com era have transformed our lives, the crypto assets that survive could have a significant impact on how we save, invest and pay our bills.”

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