A few days ago the International monetary Fund (IMF) published a Statement and a Video on their official Twitter profile, which indirectly explains how the three major crypto currencies (Bitcoin (BTC), Ripple (XRP) and Ethereum (ETH)) can change the world and how this will have a positive impact on the global financial turmoil.
Bitcoin, Ethereum, Ripple… what are these? And why should you care? https://t.co/4cRbiYgx3h pic.twitter.com/PG0MLntkhO
— IMF (@IMFNews) June 1, 2018
The owners and investors of these crypto-currencies will see these messages, of course, as something very Positive – after all, there are almost 2000 different crypto currencies, all want a piece of the pie.
The IMF considers, however, that these three crypto-currencies can change as a result of their prominence in the world. It is important to know that BTC, XRP and ETH on the NASDAQ (one of the largest stock markets in the United States) as a digital assets are listed values that are able to increase their value in the future. This is a Nation in which nowadays almost each and large financial institutions these crypto-currencies take very seriously.
We take Bitcoin as an example of this digital coin has changed the world of crypto currencies, from beginning to dramatically and slowly turns into digital Gold. A few days ago the price of Bitcoin rose, while other assets decreased values after a political setback in Italy. This shows that Bitcoin can be used in the case of global financial disasters as an Asset, similar to Gold.
This is also one of the reasons why Bitcoin many people are now very seriously, especially in view of the expected imminent price increase.
Also, Ripple (XRP) has experienced increases since its inception, a strong price, the listing on the NASDAQ, therefore, is very surprising. The many partnerships with financial institutions not to damage the currency, of course.
Ripple was recently back in the headlines after it moved to a partnership with the big local banks in Kuwait. Ripple made a lot of progress and the fact that the IMF sees the currency for one of the solutions to the global financial crises, says the company certainly will also. This is good news for Ripple, as it can increase its value and long-term development in the financial industry will promote.
Also Ethereum has made since its inception, great progress. In spite of some difficulties in relation to the speed and scalability of the people in the currency, with the result that it now has more to individual Wallets than the king of the crypto currencies, Bitcoin invest more and more.
Against this Background, Ethereum has made great progress in the financial market that will make other digital coins hard to reach their achievements. Due to the statement of the co-founder, Vitalik Buterin, Ethereum will solve in due time the Problem of scalability, it deserves to be, both from the IMF as well as NASDAQ mentions.
Due to the fact that Ethereum (ETH) was able to achieve this year, a milestone of $ 2000, and Ripple (XRP) of $ 10, these digital coins for the world is indispensable. In fact, our future is more secure than ever!