Member of the European Parliament Eva Kaili declared that central banks have too much control over people’s deposits.
A Greek member of the parliament (MEP) of the European Union, Eva Kaili, declared that central banks have too much control over people’s deposits, according to a post published on Ripple’s blog on Feb. 8.
According to the post, Kaili made the comments at the Ripple Regionals event in London last week. The MEP said that she realized that central banks had too much control over people’s funds after the debt crisis in Greece.
During her talk — which was dedicated to how the EU will regulate blockchain and cryptocurrency — Kaili also stated that she believes blockchain technology will permeate all sectors of life:
“[b]y its nature, blockchain technology doesn’t recognize borders, […] It’s unstoppable.”
She also warned the audience that “[y]ou will be disrupted if you don’t try to…
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