Comment by thaumasiotes
3 years ago
> and centralised digital cash (not bitcoin but BankOfEnglandCoin) is technically feasible.
Not only is it feasible, we've had it forever. BankOfEnglandCoin is more commonly known as the pound sterling.
3 years ago
> and centralised digital cash (not bitcoin but BankOfEnglandCoin) is technically feasible.
Not only is it feasible, we've had it forever. BankOfEnglandCoin is more commonly known as the pound sterling.
Yeah but there is not a digital version, issued by the BoE. It's not a digital native so has all these layers on top.
I think a clean simple version is appealing - it's kind of the case for Bitcoin as a whole. Unfortunately they people attracted to that case did not realise that 75%+ of regulation and layers is trying to protect people from sharks.