NZ Banker: Bitcoin, Stablecoins Can’t Replace Central Bank Money

New Zealand Central Bank Governor Adrian Orr has raised a critical voice about the viability of cryptocurrencies, particularly stablecoins and Bitcoin, as a substitute for traditional fiat money. Orr’s incisive commentary sheds light on the inherent risks and uncertainties associated with these digital assets. Orr’s Take on the Misnomer of Bitcoin and Stablecoin... source: https://beincrypto.com/nz-banker-bitcoin-stablecoins-central-bank-money/