Exclusive Interview with Digital Economy Expert Don Tapscott: Stablecoins Are Expected to Become Global Universal Currency

Don Tapscott is a renowned Canadian entrepreneur in the fields of digital economy and blockchain. Despite being over seventy years old, he remains active at the forefront of the blockchain industry. Don not only writes extensively but also actively promotes blockchain-related consulting and research projects. The research institution he leads involves 14 directions of "Blockchain +", including energy-related projects, and collaborates with multiple enterprises.

When discussing the Chinese government's recent emphasis on blockchain, Don expressed his agreement, believing it is key to building an innovative economy. He pointed out that stablecoins could facilitate a global currency, but he does not believe that China's legal digital currency will become a universally accepted currency. Don is more optimistic about the global cryptocurrency concept proposed by Bank of England Governor Mark Carney.

Regarding regulatory issues, Don holds a rational attitude. He criticizes some governments for their strict regulation of token-based blockchain projects, while also opposing the extreme view that "central banks should not get involved in blockchain." He believes that regulators need to seek a balance between protecting investors and promoting innovation. Don calls for all parties to work together to promote blockchain development, including government, the private sector, academic institutions, and other stakeholders.

When it comes to Canada's blockchain ecosystem, Don admitted that the regulatory environment remains a major obstacle to the industry's development, similar to the situation in the United States. His research institution is observing how blockchain is changing the relationship between businesses and government, focusing on transformations in 14 sectors including supply chain, finance, and manufacturing.

In the end, Don holds a cautiously optimistic view of the future of blockchain. He believes that blockchain gives us a chance to make everything better, but it will not eradicate all problems. Don stated that he will continue to work hard to promote the development and application of this technology.