Post
Topic
Board Bitcoin Discussion
Re: chief economist Bank of England: we need adopt a digital currency like Bitcoin
by
Snoopy1
on 20/09/2015, 19:31:41 UTC
Bank of England's chief economist says we may need to cut interest rates even further and adopt a digital currency like Bitcoin.

http://citywire.co.uk/money/uk-could-adopt-bitcoin-with-negative-interest-rates/a843076

This is a sign that digital currency mainstream adoption is being consolidated. But once the governments start to use digital currencies won't they make their own digital currency instead of adopting bitcoin?

Why make there own when Bitcoin is already built and used all over the world.

Also the UK could easily buy all bitcoins as its worth 3.3b right now which is not much for a whole country.