IMF and World Bank Annual Meeting Discusses Block Chain’s Potential

The annual International Monetary Fund (IMF) and World Bank (WB) meeting was held in Washington, DC, over the weekend and notably the subject of bitcoin and its underlying technology was brought up for discussion.
While some participants likened the digital currency to Esperanto – a good idea that might not live up to its potential – others criticised it as a poor store of value, according to a report from Mexican bank Banorte.
The bank reports attendees as saying:

This post was published at Coin Desk on October 14, 2014.