EOS Launch Update + IMF Report | Good Morning Crypto
Discussed in this video of Good Morning Crypto is the EOS Launch and a report that has come out from the IMF (International Monetary Fund). Ivan talks about what a stable monetary system should have. The IMF mentions Bitcoin and other cryptocurrencies lack 3 critical functions that stable monetary regimes are suppose to fulfill. 1. protection against the risk of dysfunctional inflation. 2. smooth the business cycle 3. capacity to function as the lender of last resort.