In October of last year, the United Nations held a panel to discuss the role of cryptocurrencies in development. The panelists were from a variety of backgrounds, including the UN Development Programme, MIT, and the World Bank.
The discussion revolved around the potential of cryptocurrencies to help achieve the UN’s Sustainable Development Goals. While the discussion was mostly positive, there was no consensus on whether or not the UN should accept Bitcoin.
NOTE: WARNING: While the UN is currently researching and considering the use of Bitcoin and other cryptocurrencies, it does not currently accept Bitcoin as a form of payment. Any payments made to the UN with Bitcoin will not be accepted or processed.
The general consensus seems to be that cryptocurrencies have great potential to help achieve the UN’s Sustainable Development Goals. However, there is no clear consensus on whether or not the UN should accept Bitcoin.
Some panelists argued that accepting Bitcoin could help the UN reach its goals more quickly, while others argued that the volatility of Bitcoin makes it an unsuitable currency for the UN. Ultimately, it will be up to the UN to decide whether or not to accept Bitcoin.
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