Harper made the statement during an interview with Jay Martin of Cambridge House – an investment service. He noted that while behemoth currencies like the Euro and the Chinese Yuan are the closest to replace the U.S. dollar as the world’s major reserve currency, their chances are very slim.
Harper has deeply rooted doubts that either of the two would displace the U.S. dollars. For one, there has been long-term uncertainty over the value of the Euro. According to him:
Harper’s stance goes to show that government officials and investors are beginning to see Bitcoin and digital currencies in a new light. Payment processor Visa (NYSE:V), for instance, is already working on offline payment options for digital currencies.
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Source: Cryptocurrency - investing.com
