In a turn of events, the head of the IMF is now advocating that states across the world should consider issuing digital currencies. Let's not forget that at some point, the institution was a bit wary of the rise of crypto-currencies, so... why are they now switching their position?
They are not switching their position, the keyword here is issuing, which means that she is advocating for countries to create their own cryptocurrencies and this is something that people in the forum have speculated for quite some time, governments cannot leave the door open for decentralized cryptocurrencies to dominate the market, since they cannot destroy them they are going to create competition, even if we know that competition is fake because they will never create something like a decentralized currency.
At least they're going to deceive enough people and are going to slow down the adoption of the real cryptocurrencies and this could give them time to try to develop a solution to the huge problem that decentralized cryptocurrencies could become in the future.
