Is British “digital pound” death of cash?
Treasury probes virtual money in banks' wallet war
The Standard · Rachelle Abbott
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Show Notes
Could the humble quid in your pocket go digital in the future?
The British government’s Treasury is investigating minting a new virtual version of our national currency.
The Leader podcast’s joined by Brett Scott, a former City broker and author of Cloudmoney: Cash, Cards, Crypto and the War for our Wallets.
We discuss:
- Bank-issued digital currency
- Privately-issued crypto “stablecoins” backed by fiat money
- Implications for your bank balance and privacy
- The future of physical cash
- Does the chequebook have a place in the 21st Century.
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