The founder of Bitmain Cihan Wu invests private central banks

Speaking at a blocking conference in Washington, the head of the largest manufacturer of mining equipment Bitmain, Cihan Wu predicted the emergence of private central banks.  CoinDesk ✔ @coindesk "I believe that private central banks will evolve, that some private companies will decide that their business is to be a private central bank."  - @JihanWu at #DCBlockchain Summit 8:53 PM - Mar 7, 2018 He also talked about Bitmain's plans to invest 20-30 startups who want to implement this concept using blocking technology for  legal issue of private currencies.  The entrepreneur stressed that the share of bitcoin in the market is declining, as there is no "ideal digital currency" and the market requires alternatives.  Wu added that most tokens are likely to be recognized as securities and will be regulated accordingly, but regulators, in his opinion, should develop a weighted response to the emergence of this kind of business innovation.  Recall, previously Cihan Wu and Bitmain were subject to criticism from co-founder bitcoin.org Cobra.