Should central banks be worried about cryptocurrency – Bitcoin, Ethereum, Zcash, Monero and hundreds of others? Perhaps more important, should you – the average, privacy-conscious person or even the not-so-average Dark Web drug dealer – be worried?
That depends in part on who you ask. For the banks, the answer last week from Andrew Sheng, chief adviser to the China Banking Regulatory Commission and Distinguished Fellow of the Asia Global Institute, University of Hong Kong, is an emphatic yes.
