Government Investigator Says “Darwinian” Selection Led to Dominant Cryptocurrencies155.43

The Deputy Governor of the Bank of France, Jean-Pierre Landau, also named  “Mister Bitcoin” by the French government, submitted a report to Bruno Lemaire, the French Minister of Finance and Economy. The report said cryptocurrencies are in a phase of technological and economic experiment. Their future is still uncertain, however, there are few possible scenarios. One would be “a total collapse and extinction, or marginalization of all existing currencies,” which is very likely, he wrote, or “a ‘darwinian’ natural selection would see one or two dominant currencies emerge.”

Also read: France Appoints a Cryptocurrency ‘Mission Leader’

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