The Bank for International Settlements (BIS) believes that the Coronavirus COVID-19 pandemic will accelerate the widespread introduction of state cryptov currencies from central banks.
According to a report published by BIS, COVID-19 is changing people's attitude towards cash, despite the opinion of various scientists that the possibility of contracting the virus through banknotes or coins is unlikely. Whether these fears are justified or not, people have become increasingly interested in digital forms of payment, including digital currencies from central banks.
However, according to BIS researchers, if cash stops being used as a means of payment, there may be a "stratification" of the public into those who have access to crypt-currencies and those who cannot make digital payments, especially the elderly.
BIS analysts believe that government steleholders should be as simple and user-friendly as possible. Developers need to take into account the needs of people who do not have even minimal knowledge about cryptovalues or access to banking services. At the same time, the infrastructure of stakeholders must be resistant to various threats, whether they are epidemic or hacker attacks. States will also need to be socially responsible to the population, allowing people to use different payment methods.
The other day, Olga Skorobogatova, First Deputy Chairman of the Bank of Russia, said she was skeptical about crypto-activists and a blockhead. She believes that state cryptovalues do not differ from ordinary electronic payments, so they have no value.
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