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Britcoin? Yep, on its way!

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First published at 10:14 UTC on October 26th, 2022.

#cbdc
#uk
#sunak

Mayhem's Shorts Podcast

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In what Treasury insiders say would be the biggest upheaval in the monetary system for centuries, the Bank of England would establish a direct digital equivalent to physical money and take control of it in the same way as sterling.

Its supporters i…

Its supporters in the Treasury say that it would allow the Bank to give the economy a boost in times of financial crisis by paying the 'Britcoins' directly into people's bank accounts.

https://mayhemshorts.substack.com/
https://www.dailymail.co.uk/news/article-9821855/Rishi-Sunak-plans-replace-cash-official-digital-currency.html
https://twitter.com/dMasterOfMayhem/status/1584666942644064256?s=20&t=_zkvg0RtczgN3RvD6JOaqA

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