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 iudqnolq on Monday April 19, 2021 @12:29PM (#26864626)
> Currency is currently not digital in the sense meant here. Otherwise the BoE and other central banks would not discuss the possibility of issuing digital currency.

The alternative is of course that it's all meaningless hype. Just because the government does something doesn't necessarily prove it makes sense.

[ Parent | on HN ]
Re:Bank of England to explore a potential Central Bank Digit... by SideburnsOfDoom on Monday April 19, 2021 @12:50PM (#26864912)
From a government point of view, a "Taskforce to coordinate the exploration of a potential ..." (quoting from the article) often makes sense, and doesn't necessarily result in anything much resembling action. See also "kicking it into the long grass".
[ Parent | on HN ]