Darwin's theory of evolution was applied to crypto-currencies

[Mazda3]

The deputy head of the Bank of France, Jean-Pierre Landau, named the French government "Mr. Bitcoin", presented a new report to the Minister of Finance and Economics of France, Bruno Lemaire.
The report says that the crypto-currencies are in the phase of technological and economic experiment. Their future is still uncertain, but there are several possible scenarios.

We can assume "complete collapse and disappearance or marginalization of all existing currencies", which, in his opinion, is very likely, or "natural selection", which will lead to the emergence of one or two dominant currencies.

Another possible scenario would be the emergence of new participants from the digital world, social networks or e-commerce that would develop their own payment systems or their own domestic currencies:

At this particular stage, the state should be guided by three principles:

do not adjust crypto-currencies directly;
create favorable conditions for the development of technology;
Identify the risks of severely limiting the impact of the currency on the financial sector.
In January 2018, Jean-Pierre Landau was appointed head of the working group on the study of the evolution of the rules for the regulation of crypto-currencies. One of the main goals of the group was also the struggle with the use of crypto currency for tax evasion, money laundering or financing activities of criminals and terrorists.

Jean-Pierre Landau believes that a large number of rules imposed on crypto-currencies can lead to the fact that innovators, in an attempt to circumvent them, will slow down the development of technology.

In his report to the French government on July 5, Landau described the "ambitions" of the crypto currency as "beautiful, no matter how difficult it was to satisfy them."

A decade after the creation of Bitcoin, crypto-currency payments are still not the main ones, he says:

"Bitcoin payments represent only 0.2 percent of transactions in the euro area. The reason lies in the decentralized management of money. For the monetary system, it is impossible to reconcile three requirements: security, decentralization and efficiency, "Landau writes.
The Bank of France also criticized the nature of the management of open source crypto-currencies, which he called "very poorly adapted" to the requirements of a stable currency, in the long term, as fundamental decisions are taken informally by the development community.

Jean-Pierre Landau is known as a crypto-currency skeptic. In 2014, in an article published by the Financial Times under the heading "Beware of Bitcoin Mania - Tulip Fever of the 21st Century," he warned the public about the stupidity of crypto-currency investments, for which he gained the antipathy of the cryptocommunity.
A source:https://news.bitcoin.com/government-appointed-investigator-tells-french-finance-minister-that-regulating-crypto-would-freeze-an-evolving-technology/

[Kate]

Lol seriously they did this ? . Well his theory can only be applied to human beings not currencies