That is a very good question, Mr. Garon. Thank you for your introduction. I am humbler than that, but I am pleased to be with you so often.
You are right, we considered that it would be a currency. So that is my answer to your first question. I think that this is widely accepted by our fellow finance ministers across the country. That is why we said that the Bank of Canada would have a supervisory role. All of our colleagues respect that institution.
There is a reason for that, as you mentioned. We had to act because there was a certain risk that these cryptocurrencies would ultimately be based on the U.S. dollar, at least in North America. Indeed, the United States has currently taken the lead in this area. It was therefore important to provide an alternative for those who want to use this type of currency.