The international community is not ready to use cryptocurrency, though it is a great invention. This is according to Evgeny Kaspersky, the head of the largest privately-owned cybersecurity company and international software security group Kaspersky Lab. Once cryptocurrencies develop to the point where they can replace national currencies, governments will ban them immediately says Evgeny.

Kaspersky Lab provides cybersecurity services, including anti-virus for over 300 million users and over 250,000 corporate clients worldwide.

Evgeny Kaspersky stated during the Kaspersky Digital Radio press conference dedicated to the results of the outgoing year:

“I believe that cryptocurrency is a great invention, but geopolitically this world is not ready to use it yet. If there was a unite government and the world was united in a single society – then cryptocurrency would work very well in such a world. This is the future.”

Today cybersecurity has a major role in all areas of digital technology. While Bitcoin is used in some criminal activities, more often companies that provide anti-virus protection do know what modern and future society should be ready to face. Evgeny Kaspersky said:

"We have finally entered the digital age and got used to live a “double life” Now almost all the events that happen to us and everything we do – whether it's calling to our parents or job meetups, buying concert tickets or making plans to vacation – it’s committed using digital tools and is recorded in the cyberworld. Sometimes, similarly as in the offline world, users find it difficult to ensure their security in the face of the huge number of cyber threats. The business and government mission is to make the human environment, both physical and digital, convenient and safe."

However, Evgeny Kaspersky mentioned that once cryptocurrencies will develop to be able to replace the national currency governments would ban it immediately:

“I am more than sure that different countries will take turns to prohibit the use of cryptocurrency because they can’t control it. As long as [cryptocurrencies] do not interfere, authorities won’t pay attention. Once [cryptocurrencies] begin to displace the national currencies – they will be immediately banned.”

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