There is little doubt that digital payments tools – including bitcoin and other cryptocurrency projects – are transforming the way consumers make transactions. However, even the best digital technologies will fail if users don’t trust them. This was the resounding message at the International Monetary Fund’s spring meeting held in Washington, D.C. on Wednesday. Lagarde: Consumers Are Dumping Their Cash Called “Money and Payments in the Digital Age,” one discussion included representatives from central banks and tech startups. Panelists shared their thoughts about how the economy was being reshaped by cryptocurrency and other digital technologies. IMF Managing Director Christine Lagarde

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By lecrab