Re:Bank of England to explore a potential Central Bank Digit...
by JumpCrisscross on Monday April 19, 2021 @07:17PM
(#26868935)
> Cash with depreciation or expiration (both preannounced and ad hoc) has been used before
Yes, if you changed the cash we're talking about, pounds sterling, it would be different.
> CBDC doesn’t meaningfully change the politics
Remember a few years ago, when IT would talk about getting long-needed projects greenly because they slapped "blockchain" on the proposal?Expiring cash is toxic. CBDC is not. Branding matters.
Yes, if you changed the cash we're talking about, pounds sterling, it would be different.
> CBDC doesn’t meaningfully change the politics
Remember a few years ago, when IT would talk about getting long-needed projects greenly because they slapped "blockchain" on the proposal?Expiring cash is toxic. CBDC is not. Branding matters.