• Advertise
  • Submit a Press Release
  • Contact Us
Blockchain & Cryptocurrencies Tabloid
  • Finance & Blockchain News
  • Bitcoin News
    BlackRock CEO Predicts $500K Bitcoin Surge

    BlackRock CEO Predicts $500K Bitcoin Surge

    Metaplanet Launches US and Japan Subsidiaries Amid Market Volatility

    Metaplanet Launches New US, Japan Subsidiaries Amid Stock Volatility

    Bitcoin Options Market Eyes $125K Targets Post-FOMC

    Bitcoin Options Market Eyes $125K Targets Post-FOMC

    Bitcoin Bulls Eye $125K Amid Fed Rate Cut Speculations

    Bitcoin Bulls Eye $125K Amid Fed Rate Cut Speculations

    Next Technology's Major Bitcoin Acquisition Plans

    Next Technology Plans $500M Stock Sale to Buy Bitcoin

    Next Technology Plans $500M Stock Sale to Acquire Bitcoin

    Next Technology Plans $500M Stock Sale to Acquire Bitcoin

  • Altcoin News
    • All
    • Bitcoin Cash
    • Cardano
    • EOS
    • Ethereum
    • Litecoin
    • Monero
    • Ripple
    • Stellar
    Cardano Founder Engages in Key Crypto Regulation Meeting

    Cardano Founder Engages in Key Crypto Regulation Meeting

    Wormhole Launches W Token Reserve and Revamps Tokenomics

    Wormhole Launches W Token Reserve and Revamps Tokenomics

    Shiba Inu Market Trends: Exchange Reserves and ETF Discussions

    Shiba Inu Exchange Reserves Drop Amid ETF Buzz

    Forward Industries' $4B Solana Investment Strategy Unveiled

    Forward Industries’ $4B Solana Investment Strategy Unveiled

    CleanCore's DOGE Treasury Surpasses $160M Boosting Market

    CleanCore’s DOGE Treasury Surpasses $160M Boosting Market

    XRP Treasury Expansion Through VivoPower Mining Swap

    XRP Treasury Expansion Through VivoPower Mining Swap

    Trending Tags

    • Ethereum
    • Bitcoin Cash
    • Litecoin
    • Monero
    • Ripple
  • Crypto 101
    • All
    • Cryptocurrencies
    • Exchanges
    • Services
    • Wallets
    Benefits Of Choosing the Right AI Trading Bot

    4 Benefits Of Choosing the Right AI Trading Bot

    Crypto Trading

    A Beginner’s Guide to Crypto Trading: Unlocking the World of Digital Coins

    BitcoinGames.com

    BitcoinGames.com Introduces the Ultimate Casino Gaming Experience with Bitcoin

    How AI is Helping Athletes and Fans Get the Most out of the Game

    From Training to Judging, AI is Entering the Ring

    Top 5 Websites for Buying Gift Cards with Crypto

    Clutch Savours – Gift Certificates You Can Buy with Crypto

    Layer 2 Blockchains

    Everything You Need To Know About Layer 2 Blockchains

  • Blockchain Events
No Result
View All Result
Blockchain & Cryptocurrencies Tabloid
No Result
View All Result

Economic Crises Will Not Affect Bitcoin: Ledger Founder

Tony P. by Tony P.
November 17, 2019
in Bitcoin News, Latest News
Bitcoin

The crypto market leader Bitcoin will remain stable regardless of the prevailing economic crises, according to Eric Larcheveque, the Founder of the French and Business magazine Capital.

Bitcoin vs State-backed Cryptos

Speaking during a recent interview, Larcheveque noted that emerging crises would have little impact on the price of Bitcoin. During the interview, the discussions revolved around Bitcoin, and cryptocurrencies developed and led by governments. It also touched on the kind of impact Libra, the stable coin from Facebook would have if launched.

In his opinion, Larcheveque noted that the project initiated by Facebook was by itself quite an extraordinary project. He added that the project was courageous and could, with time, lead to the development of more powerful payment systems for its users. In the course of the interview, he also took time to comment on the comments made by Bruno Le Maire, the French Minister concerning the Libra project saying:

“He understands that a simple “no” is not enough and that we must be the first to get out our cryptocurrency. This is what I find particularly intelligent.”

The Use of a Crypto-Euro

At some point in the interview, Larcheveque also commented on how a crypto-euro could be applied. For him, he holds the belief that such an asset would prove useful for organizations and companies that have come to rely on smart contracts. He said that at this time, the stable coins were the only missing piece in the equation needed to create a true blockchain economy.

On the same issue, he stated that Bitcoin can’t be viewed as the ultimate solution due to its volatile nature. Additionally, the traditional Euro cannot be used as well, as it is not a blockchain native.

Crypto-Euro Developed by European Countries

If a crypto-euro came around to be, he mentioned that he would deem it nice if the crypto-euro was, in fact, developed by countries in the European Union. This would go a long way in helping to protect the technological sovereignty of the continent. But having said this, a project of this nature would obviously involve making a call for tender submissions.

Such an eventuality would mean that there would be no option but to include multinationals, such as Microsoft and IBM. This would pose a problem as Europe’s conception is quite different from that of the United States, whose philosophy is that all information and data belong in the cloud.

But having said all this, he noted that it would not be easy to replace Bitcoin. This is a cryptocurrency that has shown a lot of resilience in the past decade. As such, its ongoing value will have a direct impact on the value of other cryptocurrencies, even though it will not prevent the introduction of new projects.

Featured image: dailyforexreport.com

Tags: BitcoinBTCCrypto-EuroLibrastablecoin
Previous Post

Bitcoin’s Demand and Supply Dynamics are Constant: Bitwise COO

Next Post

Bitcoin and Ethereum Are the Base Trust Layers in Existence: Lubin

Tony P.

Tony P.

Related Posts

Cardano, Ripple Lead Crypto Regulation Talks

Cardano, Ripple Lead Crypto Regulation Talks

by Solomon M.
September 18, 2025

Cardano and Ripple join U.S. lawmakers for key bipartisan crypto regulation discussions, marking significant policy progress.

Federal Reserve Cuts Interest Rates by 25 Basis Points

Federal Reserve Cuts Interest Rates by 25 Basis Points

by Solomon M.
September 17, 2025

Federal Reserve Chair Jerome Powell announces 25 bps rate cut affecting market liquidity.

NYDFS Mandates Blockchain Analytics for Bank Compliance

NYDFS Mandates Blockchain Analytics for Bank Compliance

by Solomon M.
September 17, 2025

NYDFS mandates blockchain analytics for banks to curb illicit activities, impacting financial compliance.

Bank of Canada Cuts Rates to 2.5% Amid Economic Strain

Bank of Canada Cuts Rates to 2.5% Amid Economic Strain

by Solomon M.
September 17, 2025

Bank of Canada lowers interest rates to 2.5%, addressing US tariff impacts.

Franklin Templeton CEO Challenges Interest Rate Cuts

Franklin Templeton CEO Disputes Rate Cut Amid Economic Strength

by Solomon M.
September 17, 2025

Franklin Templeton challenges proposed rate cut, citing strong economic conditions.

BlackRock CEO Predicts $500K Bitcoin Surge

BlackRock CEO Predicts $500K Bitcoin Surge

by Solomon M.
September 17, 2025

BlackRock CEO Larry Fink discusses potential Bitcoin price surge to $500K amid institutional interest and market shifts.

We Recommend

Top Rated Casinos
Bitstarz Casino

BitcoinCasino.io
Top Crypto Betting
1xBit.com
Top Rated Exchanges
Binance Exchange

Bityard.com
Top Advertising Services
Coinzilla Display Network
Top Crypto Wallets
Ledger Nano X

  • Terms and Conditions
  • Privacy Policy
  • Advertise
  • About Us
  • Contact Us

© 2018-2019 theccpress.com by Brantell Media.

No Result
View All Result
  • Finance & Blockchain News
  • Bitcoin News
  • Altcoin News
  • Crypto 101
  • Blockchain Events

© 2018 - 2019 theccpress.com, a Brantell Media project.

This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy and Cookie Policy.