Here is the actual link to the interview:
https://www.nytimes.com/2021/02/19/business/rosengren-bitcoin.htmlIf the paywall is triggered here are the quotes:
The president of the Federal Reserve Bank of Boston says he expects a winning streak for the digital currency Bitcoin to eventually come to an end.
“Personally, I’ve been surprised that Bitcoin has continued to flourish,” Eric Rosengren, the head of the regional central bank, said in an interview with The New York Times on Friday.
“I would suspect, down the road, that a number of central banks will have digital currency,” he said. “When there is a digital currency available, other than the underground economy, it’s not clear why people would use Bitcoin.”
“I would expect, over time, Bitcoin prices to come under pressure,” he continued.
So he is either purposefully missing the point of Decentralisation or he actually doesn't understand the difference between Bitcoin and a bank implemented cryptocurrency?.....
He understands it perfectly, why do you think otherwise?
From the average consumer using a payment method to pay for stuff it really doesn't matter what's really behind it, if it was otherwise we would have no XRP or USDT or other centralized coins around here. The ones that care about the decentralization and control over their funds will stay with bitcoin, the sheep will go for the cryptofiat and the bounty hunters after the newest ICO scam.
Central banks will create their own digital currencies, but they are unlikely to become popular enough.
Why not?
If everyone will be forced to accept since it will be recognized as a national currency why would you think it won't be popular?