Bank of England Governor Andrew Bailey on the future of cryptocurrencies and stablecoins

[@redpilling5575]

The day this video (3rd September 2020) was posted bitcoin was 10k usd
When I’m writing this it’s at 50k but has been up too 63k
Let’s see how his thoughts play out

[@sim6699]

Appears a long term plan to cashless society with the introduction of special drawing rights

[@jeremywestern7067]

BAILEY IS A CLOWN... HE KEEPS PRINTING AND THEN CRITIZES OTHER RUBBISH CURRENCY

[@TheDavidlloydjones]

Interesting to see these very competent authorities taking seriously what at first looked like a techno-prank.