News for hackers. Stuff that matters.

A comment on Bank of England to explore a potential Central Bank Digital Currency. Parent comment

Re:Bank of England to explore a potential Central Bank Digit... by pjc50 on Monday April 19, 2021 @07:59AM (#26861771)
The funniest thing I've seen on HN in quite a while. You could even monetise it by marketing to those people who are fans of pre-decimal currency for bizarre political reasons.
[ Parent | on HN ]
Re:Bank of England to explore a potential Central Bank Digit... by mywittyname on Monday April 19, 2021 @04:21PM (#26867531)
To be fair, a base-60 system has some value over a base-100 system.

That being said, a pound is so worthless today that the difference between 1/60th of a pound and 1/100th is meaningless; it would just be a rounding error in most calculations.

I suspect that all fractions of a £ will go the way of the shilling in the next 30 years.

[ Parent | on HN ]
Re:Bank of England to explore a potential Central Bank Digit... by pjc50 on Monday April 19, 2021 @04:51PM (#26867836)
Still higher than the dollar? We lost a chunk against the Euro but not as much as I was expecting. The only thing the £ has really devalued against is housing.
[ Parent | on HN ]