Governments Not Taking Bitcoin Disruption Lightly, Says Citigroup CEO

in #news • 7 years ago

“It’s likely that we’re going to see governments introduce, not cryptocurrencies, I think cryptocurrency is a bad moniker for that, but a digital currency,” he predicted.

Citigroup CEO was asked about the company’s most famous investor, Prince Al-Waleed bin Talal of the Saudi royal family. The prince just weeks ago pronounced bitcoin an “Enron in the making,” in sharp contrast to Mr. Corbat’s present interview remarks.

He also discussed the company’s position on Prince Al-Waleed’s subsequent arrest, stating all the facts had not come in yet and that Citigroup was taking a wait-and-see approach.

READ more here:
https://news.bitcoin.com/governments-not-taking-bitcoin-disruption-lightly-says-citigroup-ceo/

bitcoin dollar.jpg

Eyes open....

#bitcoin #crypto #finance #government
7 years ago in #news by
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     7 years ago 

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     7 years ago 

    I think we all have seen that coming for a long time. It's just now the blockchain technology is there to do it. Great post.