Ex ECB president: The future of the blockchain is not just about supporting existing currencies
Jean-Claude Trichet, the former president of the European Central Bank, said it was to be hoped that the yuan would become freely convertible in the future. Regarding blockchain technology, Jean-Claude Trichet said that the future of blockchain applications lies not only in complementing existing currencies, but also in not replacing existing Fiat currencies, a currency that is only credible with the endorsement of a country or regional central bank.
Ex ECB president: The future of the blockchain is not just about supporting existing currencies
Jean-Claude Trichet, the former president of the European Central Bank, said it was to be hoped that the yuan would become freely convertible in the future. Regarding blockchain technology, Jean-Claude Trichet said that the future of blockchain applications lies not only in complementing existing currencies, but also in not replacing existing Fiat currencies, a currency that is only credible with the endorsement of a country or regional central bank.
