Bitcoin to the rescue

The Future of the Euro

French redenomination [ exit the Euro } is different. At the core of the euro (and the European Union) is the stable political relationship between France and Germany. A French government that abandons the euro would be a far greater political shock in Europe than Britain exiting the European Union.As in 2011 and 2012, rising redenomination risk (this time arising from the possibility of a French exit) would boost risk premia and encourage money to flow out of the weaker economies and into Germany. The impact of the first would appear in sovereign bond yield spreads, and the effects of the second in the balances in Target2, the euro-area’s real-time gross settlements system.

This type of central banking fiasco is why we have biitcoin, it is safe haven from these FX blunders.