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Title: [2018-05-26] Mark Carney: BoE Remains Open to Possibility of Central Bank Crypto Post by: BitcoinArsenal on May 26, 2018, 08:51:42 AM Speaking on the future of central banking, Mark Carney says the primary role of banks is maintain trust in money. As for cryptocurrencies, a Bank of England-backed coin is, for now, not being seriously considered because the current volatility inherent in the coins prevent them from being a secure medium of exchange. Full article on NewsBTC (https://www.newsbtc.com/2018/05/26/mark-carney-boe-backed-crypto-is-not-being-considered-now-but-remains-open-to-possibility/)
Title: Re: [2018-05-26] Mark Carney: BoE Remains Open to Possibility of Central Bank Crypto Post by: bL4nkcode on May 26, 2018, 10:07:17 AM This might be some sort of inadvisable in terms of investment regarding in ICOs especially in trading since manipulation of price is highly possible but this is a good news tho despite of bitter news regarding crypto.
Title: Re: [2018-05-26] Mark Carney: BoE Remains Open to Possibility of Central Bank Crypto Post by: davis196 on May 26, 2018, 11:24:47 AM Speaking on the future of central banking, Mark Carney says the primary role of banks is maintain trust in money. As for cryptocurrencies, a Bank of England-backed coin is, for now, not being seriously considered because the current volatility inherent in the coins prevent them from being a secure medium of exchange. Full article on NewsBTC (https://www.newsbtc.com/2018/05/26/mark-carney-boe-backed-crypto-is-not-being-considered-now-but-remains-open-to-possibility/) The whole idea of a central bank crypto is totally pointless.Do they want to create a crypto british pound? What`s the point?The crypto version will be almost the same as the digital fiat version of the british pound. I wonder what kind of blockchain will they use for a central bank cryptocurrency? |