As The Regulators Steps In

Coincidentally, two prominent figures from the financial world gave their views on the Crypto World in March, 2018.

In my humble opinion, as we are moving towards a moneyless society, their speeches came just in time to aware more people about the existence of the Crypto World and what we can do about it.

Both

speech given by Mark Carney, Governor of the Bank of England dated 2 Mar, 2018, titled “The Future of Money” (video embedded below)

and

speech given by Ravi Menon, Managing Director, Monetary Authority of Singapore dated 15 March 2018, titled “Crypto Tokens: The Good, The Bad, and The Ugly

gave quite a clear understanding to the public regarding the existence of the two monetary world (illustrated in sub-topic under Chapter 3 of the book Blockchain Insider, “A Tale of Two Worlds“, which is yet to be published).

The overall progress in the financial world is good as the authorities started to look into it and understand more about Crypto related matters.

What I prefer is to blend in the best of both world.

Related topics:

Towards A Moneyless Society

A Tale of Two Worlds

The Future of Money by Mark Carney, Governor of the Bank of England