Bank of England to explore a potential Central Bank Digital Currency

Re:Bank of England to explore a potential Central Bank Digit... by Broken_Hippo on Monday April 19, 2021 @07:11AM (#26861363)

So, less functional money? More complicated gift card?

[ Parent | on HN ]

Re:Bank of England to explore a potential Central Bank Digit... by enos_feedler on Monday April 19, 2021 @03:40PM (#26867062)

If the reason the government doesn't want to spend money on it's people is because they fear the money will be spent on the wrong things (outside the scope of what they are trying to fix) then making money less functional is actually more functional.

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Re:Bank of England to explore a potential Central Bank Digit... by SturgeonsLaw on Monday April 19, 2021 @09:03AM (#26862279)

Just think of it as money-as-a-service

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Re:Bank of England to explore a potential Central Bank Digit... by LatteLazy on Monday April 19, 2021 @07:56AM (#26861747)

I think it's more like making negative interest rates or a wealth tax unavoidable...

/TinFoilHat

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