[2019-07-10] Will Christine Lagarde enact a legislation favorable to Bitcoin?

[S3cco]

Bitcoin Garden: Will Christine Lagarde enact a legislation favorable to Bitcoin?
https://bitcoingarden.org/will-christine-lagarde-enact-a-legislation-favorable-to-bitcoin/

The actual Managing Director of the International Monetary Fund (IMF), Christine Lagarde, will soon become the President of the European Central Bank (ECB). Many analysts and investors are therefore wondering if the ECB will support Bitcoin, as Lagarde is definitely bringing a different approach that could lead to a more Bitcoin and crypto-supportive legislation.

Unlike previous ECB president, Mario Draghi, Christine Lagarde had made several statements that were positively interpreted by the crypto community. Speaking to CNBC, the IMF Managing Director said that cryptocurrencies are “clearly shaking the system” and that the blockchain is an “exciting progress that could help revolutionize areas beyond finance”.

A blockchain provides a decentralized technology to share information and transfer digital assets in a quicker, safer and more transparent way. As the blockchain is a shared real-time database with confirmed and encrypted entries, it is impossible to change or delete any transactions that have been confirmed and added to a block....

[joelsamuya]

I am aware that the cryptocurrency community has been viewing the lady as more friendly towards this industry than her predecessor and her peers but then it would be good not to expect too much as she could only influence and not really impose. Let's maintain the positive stance though that she can be the disruptor we are waiting for on the side of the government. Christine Lagarde can be our friend but change on the overall mindset of the government can take time.