Larchevêque, the crypto entrepreneur, said the government needs to further reduce taxes and impose “a lot of cuts” in pensions, welfare and other public spending. He acknowledges the impact would be “very dramatic,” but also said it’s “the only way to restart” France’s economy. He fears for the France of the future. His business associate David Balland, and Balland’s wife, were kidnapped from their home in central France in January and held for ransom, prompting a manhunt and police rescue. Several other crypto-related kidnappings and attempted kidnappings have given entrepreneurs like him “the feeling that we are not secure,” he said.

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