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RE: Warning: IMF Boss Warns of Crypto´s Evil Side : Money laundering, terrorism, and economic instability.

in #esteem7 years ago (edited)

This just released:

Taskmaster4450 Blog Managing Director, Taskmaster4450, released a blog post Wed, March 14, Addressing the Dark Side of the Fiat World. In it, he argues increasing fascination with fiat currencies has brought along grave costs: money laundering, terrorism, and economic instability.

If financing terror isn’t enough to convince readers of the need for IMF intervention, “Financial stability is another. The slow deterioration of fiat-assets, the extreme volatility in their traded prices, and their illegal connections to the traditional financial world could easily create new vulnerabilities,” he thunders. he goes on to unironically bluster about “working on these issues” for ten decades.

There...fixed.

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