Academician of the Chinese Academy of Engineering, He Hezhen: Libra cannot stand up without the central bank’s voice.

On October 20th, at the Wuzhen World Internet Conference, Chinese Academy of Engineering academician He Hezhen expressed his views on Libra. He said that not every enterprise can do its own business, which will not only affect social stability, but also seriously involve national sovereignty. He believes that no matter how good the technology is, it can't let it go. Technology is not everything, the purpose is to maintain social and financial stability. So no matter whether China or other countries, no national government believes that encrypted digital currency can be turned into a liberalized financial method. (From the current point of view), Libra can play with himself. Without the voice of the central bank, it is impossible to stand still.