Bruno Le Maire is France's Minister of Finance and in his current role he has been a frequent critic of Bitcoin and Cryptocoins in general. Now he joins the large group of Bitcoin critics who suddenly want to have recognized the potential of cryptocoins. Recently, we experienced this so-called 180 degree thought rotation quiet often :)
Not too long ago, good Mr Le Maire also thought that Bitcoin would promote money laundering, cybercrime and terrorism. Tough regulations and a strict state hand are needed to de-criminalize the cryptocoins market.
However, Le Maire has apparently massively changed his mind now and suddenly sees Bitcoin as "positive" for the global economy:
--- During this week's G20 summit in Argentina, France's minister of Finance Bruno Le Maire highlighted the importance of #Bitcoin and #Cryptocurrencies may have in the world's economy. He firmly believes this technology is very positive for every country."We want a stable economy. ---
Of course, the French Finance Minister is not completely moving away from regulating Bitcoin - only at the last G20 summit was this point very high on the agenda - but more and more politicians have to admit that cryptocurrencies are unstoppable, so from their point of view it is probably better to come to an arrangement with Bitcoin and Altcoins.
My conclusion:
More and more high-ranking politicians are recognizing the real utility of cryptocurrencies for the world and are now turning their minds around. In the future we will hear many more such confessions and it will increase more and more. But that's why it is becoming more and more important for the cryptocommunity to invest in the right coins. Privacy coins like DeepOnion not only provide total anonymity of transactions through the TOR network, DeepOnion even offers real utility in reality. With the mobile android wallet, you can make $Onion transactions anywhere in the world and with DeepVault you can protect your documents against copyright infringements by directly signing the documents on the DeepOnion Blockchain.
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