Is the world going to go digital? IMF urges central banks to study Crypto

in #money7 years ago (edited)

How interesting, they must be feeling it in order to consider it. Remember when people said Crypto is not going to last, and " its a phase" . Well it caught the attention of the " BIG BOYS"
I personally think we got a window of 2-3 years max before the world goes digital, and during that time, business platforms will be going digital and one of the first big changes will be Real Estate.
Real Estate is very unique because its an immovable, and owning the immovable will get a lot easier and a complete new line of lenders will emerge leaving the traditional lender ie, banks in the dust. Simplicity of digital currency is a foreign language to the banks and the risk loosing everything is on the flip of the switch, once people start trading real estate with Crypto , it will change everything.

http://www.afr.com/business/banking-and-finance/financial-services/imf-urges-central-banks-to-study-digital-currencies-20170619-gwtydo?utm_content=bufferc15d5&utm_medium=social&utm_source=twitter.com&utm_campaign=buffer

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