I keep reading articles like this. Yet another bureaucrat calling for the regulation of cryptocurrencies. They never seem to learn.

The article opens with several disturbing facts:

The French minister of the economy, Bruno Le Maire, has announced the creation of a working group to develop cryptocurrency regulations…with the objective being to prevent the technology’s misuse.

First, I did not know that France had a minister of the economy. This one fact goes a very long way in explaining the lackluster French economy.