Quote:
Originally Posted by slang
Another anti-everyone else extremist group now authorized to use Bitcoin.
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Nobody said all users of bitcoin are 'anti-everyone'. But that exchange is especially popular with criminal elements. And cannot be scaled large enough to replace standard currencies.
France did not authorized bitcoin. France permitted people who sell insurance (protect from risk) to work with crypto currencies just like they do with derivatives (SIVs, CDOs, etc). Those derivatives also are not currencies even though they too can be traded like one.
France is establishing a standard so that better future options can be created. Casinos can aslo sell and trade gambling chips. France did not have to liberate those transactions.
Also changed is private ownership of airports. That is also not legalizing a new currency. That is Macron opening new markets in France's economy. The Euro remains legal tender.