Bank of England to explore a potential Central Bank Digital Currency

Re:Bank of England to explore a potential Central Bank Digit... by the-dude on Monday April 19, 2021 @05:47AM (#26860845)

A taskforce is being created. That's all folks.

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Re:Bank of England to explore a potential Central Bank Digit... by davidgerard on Monday April 19, 2021 @06:39AM (#26861168)

But don't forget: one of the things it's going to do is look for a ... use case!

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Re:Bank of England to explore a potential Central Bank Digit... by waterglassFull on Monday April 19, 2021 @06:41AM (#26861178)

We prefer the term "Do Group"

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Re:Bank of England to explore a potential Central Bank Digit... by faffe on Monday April 19, 2021 @05:52AM (#26860871)

Indeed, you well sum up the article

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Re:Bank of England to explore a potential Central Bank Digit... by ur-whale on Monday April 19, 2021 @05:54AM (#26860884)

Design by committee, what could possibly go wrong.

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Re:Bank of England to explore a potential Central Bank Digit... by corobo on Monday April 19, 2021 @06:26AM (#26861069)

In fairness Bitcoin wasn't designed by committee and it's up there with CFCs in how much of a detriment it is to the environment

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Re:Bank of England to explore a potential Central Bank Digit... by StavrosK on Monday April 19, 2021 @06:53AM (#26861237)

Bitcoin uses energy. Energy is a detriment to the environment, but it doesn't have to be.

The problem isn't the energy usage, the problem is that we're bad at generating energy without killing the planet.

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Re:Bank of England to explore a potential Central Bank Digit... by corobo on Monday April 19, 2021 @12:33PM (#26864684)

Ok so turn the safe generators on then

Until then I feel my point stands

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Re:Bank of England to explore a potential Central Bank Digit... by the-dude on Monday April 19, 2021 @06:59AM (#26861275)

The planet will be fine. You are projecting.

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Re:Bank of England to explore a potential Central Bank Digit... by ClumsyPilot on Monday April 19, 2021 @05:58AM (#26860911)

Governments cant just trust it to a single 'stable genious' and call it a day

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