Former ECB official: doubting whether cryptocurrency can become the future of money

According to the South China Morning Post, Jean-Claude Trichet, former president of the European Central Bank, said at the "10th Caixin Summit: Open China and the World" that he doubts whether the cryptocurrency can become the future of the currency. The cryptocurrency itself is not Real, does not have the characteristics that money must have. Moreover, Trichet also expressed opposition to Libra. Relatively speaking, his preferred currency tool is the SDR (Special Drawing Rights) created by the IMF, whose value is linked to the US dollar, Euro, British pound, Renminbi and Japanese yen.