Bank of England and Treasury think UK is 'likely' to need digital currency

Re:Bank of England and Treasury think UK is 'likely' to need... by eddsh1994 on Saturday February 04, 2023 @06:43PM (#34659722)

It's 2032. Covid Alpha variant is running rampant. In an attempt to prevent Americans breaking mandatory isolation electric cars have been disabled unless authorised by your neighbourhood state leader and all non-online transactions have been blocked.

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Re:Bank of England and Treasury think UK is 'likely' to need... by rbera on Saturday February 04, 2023 @07:34PM (#34660169)

I’m not saying this is necessarily a good thing. When I say I don’t care about privacy, I mean that I don’t use VPNs, I don’t use ProtonMail, I don’t disable cookies or JS, I don’t use cash—all because I value convenience. Is this short-sighted? Maybe, but I am in a position where I (generally speaking) trust the government. That’s not true of everyone of course.

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Re:Bank of England and Treasury think UK is 'likely' to need... by eddsh1994 on Saturday February 04, 2023 @08:02PM (#34660377)

And, key here, you trust the government now. If a government you trust erodes privacy over time & then a government you don't like gets into power you're screwed.

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Re:Bank of England and Treasury think UK is 'likely' to need... by password4321 on Saturday February 04, 2023 @08:08PM (#34660445)

Ad block?

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