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Huh. Okay, then I’m wrong on all three points and I have no clue why the UK wants a CBDC.
by neongreen 4y ago
Huh.
Okay, then I’m wrong on all three points and I have no clue why the UK wants a CBDC.
- d4rti 4y agoOne suspects that even some of the people behind this effort are skeptical, when you read between the lines. As with the rest of crypto, 99% a solution in search of a problem. Banking in the U.K. isn’t perfect but for the majority of consumers it’s quick, easy and convenient and by and large fee free.
- walterbell 4y agoCentralized, programmable "currency" (CBDC) would logistically enable social policy enforcement on a per-transaction, per-person basis, https://news.ycombinator.com/item?id=34716542 https://news.ycombinator.com/item?id=34716542 & https://news.ycombinator.com/item?id=32234361 https://news.ycombinator.com/item?id=32234361