The fate of the money

in #money3 years ago

Colin Stone expects these official cryptocurrencies to succeed "where people trust and know official money well, they trust their price to stabilize by some percentage, they trust the institutions that run them, we're talking about currencies like the dollar, sterling and the euro. "

However, he believes that the choice of decentralized cryptocurrencies remains a refuge for those who want to invest or keep their money outside the control of the government.

But what about Arab cryptocurrencies? In a BBC interview with Zivai for the Arab digital economy, Khalil Hammoud, a researcher with the organization, said that it may be more complicated in Arab countries" in countries that have stability and have a certain confidence in their national currency, there is a greater likelihood that people will be inclined to digital official currencies, but in countries where citizens do not trust their governments, people will turn to Divai. Devay gives this breathing space to people away from the power of governments. "

"What if all your dealings are registered with the government?" asked Ahmed Sass, a researcher with the organization, noting that official cryptocurrencies inevitably came in.

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