Comment by lexicondrivel

Bank of England, arguably the ultimate in legacy business at the heart of all business types, are investigating the benefits of the most recent tech developments, namely cryptocurrency. Is it a legacy business issue or simply and ultimately a multitude of factors including bad management with ego's getting in the way which doesnt make a nice easy to read story or account of events?

I'm not suggesting the original poster is incorrect with their account of events, lack of the right investment is something many people can identify in their own line of work, its just timescales to a point of failure can be variable. Likewise bleeding edge technology is not always beneficial for all, but holding back or testing the water and constant monitoring is required to avoid expensive mistakes.

https://www.bankofengland.co.uk/research/digital-currencies http://www0.cs.ucl.ac.uk/staff/G.Danezis/papers/ndss16curren... https://www.telegraph.co.uk/news/2017/12/30/bank-england-plo...