French Central Bank Governor debates Coinbase CEO on the source of monetary trust at Davos Forum

Breaking News from Mars Finance: According to Cointelegraph, at the World Economic Forum in Davos, the Governor of the French Central Bank and the CEO of Coinbase debated the source of monetary trust. François Villeroy de Galhau, Governor of the French Central Bank, emphasized that monetary trust must originate from regulated public institutions rather than private crypto issuers, and that the independence of the central bank is the guarantee of trust. Coinbase CEO Brian Armstrong responded that Bitcoin, as a decentralized protocol, has no issuer, and its independence surpasses that of central banks. He believes that Bitcoin and central banks should have a “healthy competition,” and that public choice will become the strongest accountability mechanism for fiscal deficits. While de Galhau trusts central banks more, he admits that money has always been a product of public-private cooperation and points out that within a regulatory framework, tokenization can play a role. He emphasizes that regulation is a trust guarantee for innovation, not an obstacle. At the same time, he clarified that the digital euro aims to modernize payments and maintain monetary sovereignty, not to replace private financial institutions.