Bitcoin in the front page of the IMF website as the currency of the future

[Tyr808]

I didn't forget that..
There's a picture on the front page of the IMF website with the monkey-to-human evolution picture where the human has a floating BTC above his palm

Very strong signal, this means BTC is here to stay.

http://www.imf.org/external/index.htm

You can say it's within the context of the cover of an article of their journal - yes it is.

But it is still a "Bitcoin is the future" message on their front page.

[Panda Trump]

I didn't forget that..
There's a picture on the front page of the IMF website with the monkey-to-human evolution picture where the human has a floating BTC above his palm

Very strong signal, this means BTC is here to stay.

http://www.imf.org/external/index.htm

You can say it's within the context of the cover of an article of their journal - yes it is.

But it is still a "Bitcoin is the future" message on their front page.

Not on their direct frontpage, but you can find it here: http://www.imf.org/external/pubs/ft/fandd/index.htm

It's indeed nice to see them admiring Bitcoin's power, but I'm not so sure how this is a positive sign. It's simply the effect of bitcoin showing up in newspapers day on day. IMF isn't an almighty god that knows what's gonna happen. They're just an institution that predicts bitcoin is going to stay, it doesn't know it.

[Tyr808]

The picture is in the front page. Just scroll down a bit.

Sometimes IMF makes predictions.
Other times they make things real. This is the case.

[Pursuer]

Very strong signal, this means BTC is here to stay.

bitcoin was here to stay a very long time ago. possibly somewhere around the time when big people like Hal Finney praised it which was the first days!
this just shows that it is catching on and everyone else is also seeing it. but it is a good sign nonetheless, don't know about a strong signal though.

[Kingofbitcoin12345]

Any simple advertising opportunity small or big can be a direct help to promote bitcoin to the new generation.. It’s also show that mainstream media adaptation are slightly opening the limelight for what have must be done a few years back because now they don’t have any choice as this cryptocurrency is forcing them to shift to reality than stay for what has been the normal financial structure..

The future is now and bitcoin can’t be stopped..

[sindikat]

Christine Lagarde has long said that bitcoin can become an alternative to dollar loans from the IMF. I don't believe that. The IMF was created to support the spread of dollars around the world and to contain the growth of developing countries. The main donor is America. It will never allow the dollar to lose its dominant role.

[oegarod]

I didn't forget that..
There's a picture on the front page of the IMF website with the monkey-to-human evolution picture where the human has a floating BTC above his palm

Very strong signal, this means BTC is here to stay.

http://www.imf.org/external/index.htm

You can say it's within the context of the cover of an article of their journal - yes it is.

But it is still a "Bitcoin is the future" message on their front page.

Not on their direct frontpage, but you can find it here: http://www.imf.org/external/pubs/ft/fandd/index.htm

It's indeed nice to see them admiring Bitcoin's power, but I'm not so sure how this is a positive sign. It's simply the effect of bitcoin showing up in newspapers day on day. IMF isn't an almighty god that knows what's gonna happen. They're just an institution that predicts bitcoin is going to stay, it doesn't know it.

They were not godly, but the support they've provided showing up bitcoin as currency of the future on one of their page is a good news to people who trust bitcoin. Such small supports from financial institutions altogether will contribute to the massive growth making bitcoin the best of all time Compared to the traditional fiat.

[1Referee]

Bitcoin is a force you as governing authority must accept and respect, because you can't do anything to stop it. The harder governing authorities try to work against Bitcoin, the more people will dive into local markets, which clearly is the case in all countries with harsh regulations. People here tend to think that China is out of the game, but they really aren't.

The local crypto economies there are growing like there is no tomorrow, and the government can only stop it by softening their regulations, and it will happen. Governments have to choose between a decentralized economy that only keeps growing, or one large centralized economy if they open their doors again. The latter will be the most favorable outcome for any government.

It will never allow the dollar to lose its dominant role.

It won't. Fiat and crypto currencies will however compete with each other to create a more even playing field, which is something that we have never had before. We were only forced to use one specific form of money, and now we have two options (more if you add other crypto currencies).

[LFC_Bitcoin]

Bitcoin is a force you as governing authority must accept and respect, because you can't do anything to stop it. The harder governing authorities try to work against Bitcoin, the more people will dive into local markets, which clearly is the case in all countries with harsh regulations. People here tend to think that China is out of the game, but they really aren't.

The local crypto economies there are growing like there is no tomorrow, and the government can only stop it by softening their regulations, and it will happen. Governments have to choose between a decentralized economy that only keeps growing, or one large centralized economy if they open their doors again. The latter will be the most favorable outcome for any government.

It will never allow the dollar to lose its dominant role.

It won't. Fiat and crypto currencies will however compete with each other to create a more even playing field, which is something that we have never had before. We were only forced to use one specific form of money, and now we have two options (more if you add other crypto currencies).

I’m out of sMerit’s, otherwise I would have sent 2 your way. Great post!

[dothebeats]

Idk what they're on about bitcoin, but one thing I know is that these guys don't really promote the use of crypto since they're pretty much the 'dollar advocates' of our current time. Anyway, it's just good to know that these guys, no matter how facetious it may seem that bitcoin is on their front page, might send some strong buy signal to people and realize that even the government's top dogs in promoting fiat are also seeing good in bitcoin. Or probably they are already developing their own crypto and the reason why they place it in there is to subconsciously implant to our minds that we're heading towards the crypto age anyways, and bitcoin is the most successful one in the time being that's why they placed it there. A lot of possibilities, but nevertheless, still a good press.

[Dreamchaser21]

No one can stop bitcoin and other cryptocurrency it will stay for good with us but of course we will still experience a bear market which is very normal I think. Bitcoin may fall hard but it will rise again stronger. Believe on this technology and imagine those big companies who are investing a lot in this market.

[shulio]

This is good that Bitcoin having apperances on financial media more and more. But also the media used the marketing power of Bitcoin to sell more.

[matuson]

Bitcoin is a force you as governing authority must accept and respect, because you can't do anything to stop it. The harder governing authorities try to work against Bitcoin, the more people will dive into local markets, which clearly is the case in all countries with harsh regulations. People here tend to think that China is out of the game, but they really aren't.

The local crypto economies there are growing like there is no tomorrow, and the government can only stop it by softening their regulations, and it will happen. Governments have to choose between a decentralized economy that only keeps growing, or one large centralized economy if they open their doors again. The latter will be the most favorable outcome for any government.

It will never allow the dollar to lose its dominant role.

It won't. Fiat and crypto currencies will however compete with each other to create a more even playing field, which is something that we have never had before. We were only forced to use one specific form of money, and now we have two options (more if you add other crypto currencies).

Have you ever seen anyone give up their power without a fight. The US economy is largely held due to the fact that the dollar is the main currency in the world. Do you seriously think that Americans will agree to share power with bitcoin? I don't believe that. Bitcoin is still very weak. He can't resist an attack by several whales. He can't fight America.

[LeGaulois]

Excuse me but the article is referring to the blockchain technology and other digital techs. for the future in finance and says, Bitcoin is and I quote "dangerous". I have not read the whole article yet but the title itself says The Impact of Digital Technology on Society and Economic Growth.

This said, yes Bitcoin is here to stay but with what uses, what adoption... This is the question

Meanwhile, anonymous cryptocurrencies such as Bitcoin are posing challenges to efforts to combat money laundering and other illicit activities. But what makes these assets appealing also makes them potentially dangerous. Cryptocurrencies can be used to trade in illegal drugs, firearms, hacking tools, and toxic chemicals. On the other hand, the underlying technology behind these currencies (blockchain) will likely revolutionize finance by making transactions faster and more secure, while better information on potential clients can improve the pricing of loans through better assessment of the likelihood of repayment. Regulatory frameworks need to ensure financial integrity and protect consumers while still supporting efficiency and innovation.

[Denker]

I didn't forget that..
There's a picture on the front page of the IMF website with the monkey-to-human evolution picture where the human has a floating BTC above his palm

Very strong signal, this means BTC is here to stay.

http://www.imf.org/external/index.htm

You can say it's within the context of the cover of an article of their journal - yes it is.

But it is still a "Bitcoin is the future" message on their front page.

Not on their direct frontpage, but you can find it here: http://www.imf.org/external/pubs/ft/fandd/index.htm

It's indeed nice to see them admiring Bitcoin's power, but I'm not so sure how this is a positive sign. It's simply the effect of bitcoin showing up in newspapers day on day. IMF isn't an almighty god that knows what's gonna happen. They're just an institution that predicts bitcoin is going to stay, it doesn't know it.

I don't think they are admiring Bitcoin. I read the article. And they are still labeling it as money to buy drugs, riffles and being used for money laundering.

Quote

Meanwhile, anonymous cryptocurrencies such as Bitcoin are posing challenges to efforts to combat money laundering and other illicit activities. But what makes these assets appealing also makes them potentially dangerous. Cryptocurrencies can be used to trade in illegal drugs, firearms, hacking tools, and toxic chemicals.

And as usual and so much 2014 like, they are praising the Blockchain as underlying technology.

Quote

On the other hand, the underlying technology behind these currencies (blockchain) will likely revolutionize finance by making transactions faster and more secure, while better information on potential clients can improve the pricing of loans through better assessment of the likelihood of repayment.

So to summarize or give you a quick TLDR: " Bitcoin meh. Blockchain yeah!"

Forget about the IMF!

[okala]

To me this is good news specially now that bitcoin is on the downward trend.  We are not going to have a bad day if we can invest in bitcoin now.  I think we should buy now in other for us to be able to really make money in future.  If IMF is showing bitcoin on they website as the future of money then we are close to another pumpping again.

[aardvark15]

I didn't forget that..
There's a picture on the front page of the IMF website with the monkey-to-human evolution picture where the human has a floating BTC above his palm

Very strong signal, this means BTC is here to stay.

http://www.imf.org/external/index.htm

You can say it's within the context of the cover of an article of their journal - yes it is.

But it is still a "Bitcoin is the future" message on their front page.

I agree that Bitcoin is here to stay. I also think that there are many altcoins that are here to stay as well. No one knows for sure which altcoins are the ones that will last, but several of the top ones currently will probably last pulse some new ones that will come along later as we see new developments and new uses for cryptocurrencies in general.

[olubams]

I didn't forget that..
There's a picture on the front page of the IMF website with the monkey-to-human evolution picture where the human has a floating BTC above his palm

Very strong signal, this means BTC is here to stay.

http://www.imf.org/external/index.htm

You can say it's within the context of the cover of an article of their journal - yes it is.

But it is still a "Bitcoin is the future" message on their front page.

I want to believe this is misrepresentation of facts. An organisation like IMF, I don't expect them to just take a decision like that and go public with it. Its just too early. I can still accept the exhortation of the blockchain technology which every organizations have no other option than to accept the ingenuity of that but because its difficult to separate blockchain from bitcoin, that could be the reason why reference is made to bitcoin.

[timerland]

Regardless of what their intentions are, if it's just a cover photo of an article or they are actually signalling for bitcoin in the long run, I think that it's extremely positive that they are even covering bitcoin in a good light at all.

Does it influence anything, though? I don't think it does, on a major scale.

Most bitcoiners already have their own set of beliefs about what bitcoin needs to be used for in the future, and why bitcoin is needed. But IMF deciding to do this, and saying that "smart policies" are needed, is definitely a positive.

[nanasei]

IMF endorsement is not the only solution but all government getting involve and designing a policy frame for bitcoin can ensure bitcoin take over as world currency