France’s Finance Minister, Bruno Le Maire, is the latest high profile person to embrace the power of crypto as he realizes the benefits that virtual currencies offer.
We know that cryptocurrency prices have a reputation for taking investors on a rollercoaster ride. Bitcoin was trading at over $ 20k one week, then dropping to $ 8k a few weeks later. However, this pendulum swinging isn’t just reserved for the markets.
Prominent figures who initially had one opinion on crypto are doing a 180 and adopting a completely different outlook (ahem, Jamie Dimon). France’s Finance Minister, Bruno Le Maire, is yet another Bitcoin backtracker in the wake of crypto discussions held during the recent G20 summit in Argentina.