Of course, they will not adopt Bitcoin but rather, they would issue their controlled, centralized crypto currency.
"One idea, Haldane told an audience of business owners in Northern Ireland,
could be to scrap cash and adopt a state-issued digital currency like Bitcoin".
Now they see that they don't have a chance against crypto wave so they have decided to fight it with a plan B. They will issue their centralized tokens and market them as better than Bitcoin.
To scrap cash and issue a government controlled digital currency is the worst nighmare I can think of.This means total control for them. Every tiny transaction you will do is trackable and contrallable. No no no! They will be able to freeze your payments and close your accounts at any time. They can force you how to spend your money, where to spend your money.You can get forced to spend your money, saving and hoarding could be restricted.No no no!