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.htmYou 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.htmIt'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!