The relevance of bitcoin (BTC) is a question that often comes up from its detractors. On the occasion of the Surfin’Bitcoin conference which is currently taking place in Biarritz, Alexandre Stachtchenko of KPMG France and a few experts have decided to burst the abscess. Tremplin.io tells you everything!
Will bitcoin stand the test of time?
Yesterday, Alexandre Stachchenko (KPMG France), Charles Sannat (Le Grenier de l’éco),
Adli Takkal Bataille (Cercle du Coin) participated in a discussion moderated by Richard Détente, on the theme: “Is the value proposition of bitcoin (BTC) really real? “.
For our experts, the future trajectory of bitcoin is not very clear. Particularly due to the regulatory pressures government authorities are putting on the cryptocurrency industry. On the other hand, to reduce public exposure to cryptos, governments are paying close attention to central bank digital currencies (MNBC).
These offer them more options in terms of regulation and allow them to reduce crime. The question is to know if this approach is not purely part of a perspective of control. What is certain is that bitcoin challenges the government monopoly. Moreover, it is up to each individual to choose if they are ready to sacrifice their freedom to adhere to a pseudo-secure system.
For Adli, it will certainly be difficult to counter the monopoly that the state currently has. Moreover, it is unclear whether the fight against cryptocurrencies is peaceful. That said, Bitcoin should always be an escape route and current geopolitical trends should be able to make it more robust.
For his part, Alexandre remembers that bitcoin has long been frowned upon, even denigrated in France. Years later, mentalities have evolved and it is clear that the BTC is still there. In addition, the cryptocurrency market is under enormous commercial pressure. Indeed, the demand for bitcoin is growing. Additionally, large companies are breaking down the silos to adopt a digital asset-centric approach to financial product providers. MNBCs, on the other hand, are just the new avatar of fiat money. Therefore, they reproduce the same defects. Meanwhile, governments promote the fallacious ideology of control for the general interest.
Let’s face it, bitcoin inspired the creation of a new world monetary order. All this based on freedom, decentralization and confidentiality. Although things are changing slowly, we must prepare for the economy of the future. In particular, it is time for banks to adopt cryptocurrencies and reinvent themselves by offering new services. Moreover, although the regulations are constantly changing, they are still insufficient. Finally, it is worth asking whether, as adoption progresses, the infrastructure will be able to scale for everyone.
Receive a summary of news in the world of cryptocurrencies by subscribing to our new daily and weekly newsletter service so you don’t miss any of the essential Tremplin.io!
