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 NewsBTCThe 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?