
Some believe that cryptocurrencies like Bitcoin or newly modelled Facebook’s Libra could one day replace the dollar and take over the foreign exchange market. Are people ready to give up their bank accounts for cryptocurrency wallets?
Philippe Waechter is Chief Economist at Ostrum Asset Management and Head of the Economic Research Unit. He began his investment career as an economist in the Asset Management Unit at BRED Banque Populaire. He is currently a lecturer at the Ecole Normale Supérieure of Cachan.
Some believe that cryptocurrencies like Bitcoin or newly modelled Facebook’s Libra could one day replace the dollar and take over the foreign exchange market. Are people ready to give up their bank accounts for cryptocurrency wallets?