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Author Topic: [2018-05-26] Mark Carney: BoE Remains Open to Possibility of Central Bank Crypto  (Read 24 times)
BitcoinArsenal
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May 26, 2018, 08:51:42 AM
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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

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bL4nkcode
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May 26, 2018, 10:07:17 AM
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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.

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May 26, 2018, 11:24:47 AM
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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

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?

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