The views and opinions expressed here are solely those of the author and do not necessarily reflect the views of Cointelegraph.com. Every investment and trading move involves risk, you should conduct your own research when making a decision.The market data is provided by the HitBTC exchange.The International Monetary Fund and the World Bank have launched a private blockchain and quasi-cryptocurrency to bridge the gap between its employees and the blockchain technology. The cryptocurrency will be called “Learning Coin” and will have no monetary value, but the staff will earn these coins after reaching certain educational milestones. The developers are yet to decide on how these earned coins can be redeemed by the staff. This is a major step as it shows that international agencies are making efforts to understand the technology seriously.
In a recent Twitter poll, IMF asked: “How do you think you will be paying for lunch in 5 years?” 56% of the respondents said that they would be paying in cryptocurrencies, well ahead of the 27% by mobile phone. Bank cards and cash were way behind at 9% and 8% respectively. To some extent, this projects the prevailing mood in the masses against cash and bank cards.
BTC/USDEOS/USDETH/USDTRX/USDETC/USDMHC/USD*The market data is provided by the HitBTC exchange. Charts for analysis are provided by TradingView.*Disclaimer: MHC is a featured cryptocurrency from one of Cointelegraph’s sponsors, and its inclusion did not affect this price analysis.Continue Reading on Coin Telegraph