Crypto going mainstream!
Hello fellow steemians,
The Coin Market Capitalization is at its ATH nearing almost quarter of the trillion USD at the time of writing. At the same time, the Managing Director of the International Monetary Fund has speculated that Bitcoin and cryptocurrency have as much of a future as the Internet itself. According to Christine Lagarde, it could displace central banks, conventional banking, and challenge the monopoly of national monies. In the long run, the technology itself can replace national monies, conventional financial intermediation, and even "puts a question mark on the fractional banking model we know today."
The whole space is really heating up and with the big institutions, hedge funds and governments starting to wake up to cryptocurrencies. I believe we might see 1 Trillion USD sooner the we have all thought!
If you are interested in the crypto space then you might find this article worth reading: IMF Head Foresees the End of Banking and the Triumph of Cryptocurrency
在我寫這個帖子時，Coin Market Capitalization已經接近四分之一兆美元。與此同時，國際貨幣基金組織（IMF）總裁推測，比特幣和加密貨幣與互聯網一樣具有光明的未來。據克里斯蒂娜·拉加德（Christine Lagarde）說，它可能會取代央行，傳統銀行業務，並挑戰國家壟斷。從長遠來看，技術本身可以取代國家的金錢，傳統的金融中介，甚至可以“對我們今天所知的fractional銀行模式提出質疑”。
這個形勢在不停升溫，大型機構、對沖基金和政府已經開始對加密貨幣做出反應。我相信我們可能會比想像中更快看到它一兆美元的資產！
如果你對加密世界感興趣，那麼你可能會想看看這篇文章：IMF Head Foresees the End of Banking and the Triumph of Cryptocurrency
Please feel free to check out some of my other recent posts.
New money entering the market - total coin market capitalization 218.5 billion USD!
My painting is finished – thank you so much Grandpa! 我的畫已經準備好了 - 祖父，非常感謝您！
Charles Bridge, simply magnificent!
Fairy tale Czech Republic - castles, chateaux, palaces!
Tomas
CEO & Founder of CGH
No uvidíme, kam až se to dostane @czechglobalhosts. Každopádně Christine Lagarde už je docela těžká váha ve světě bussinesu, a má v něm i nějaké to slovo. Takže pome pome ;-)
Welcome to the era of cryptocurrency.
Tomas - this is new money
tomas is new currency?
Great works, I wish you success @czechglobalhosts
Looking great but who knows how far it will go ,will probably see the Giant of the no soon !
crypto market should be in mainstream as early as possible, because its is the future of the world
crypto world is simply amazing : )
@czechglobalhosts,
I think crypto market got a rocket to the moon :D World is now absorbing this technology and we can see more haters on crypto soon too :D
Cheers~
We a part of a great revolution in the human history :)
The banking system is all about trusting greedy thieves, crypto is about trusting math.
No way banks have a chance in the long run.