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Strategies & Market Trends : The coming US dollar crisis -- Ignore unavailable to you. Want to Upgrade?


To: Wayners who wrote (60421)6/30/2017 5:05:51 AM
From: maceng2  Read Replies (1) | Respond to of 71475
 
Hi Wayners, I was being facetious. I am no supporter of the Central bank concept or the BoE. I was quite amazed that Central Bankers have glossy magazine, Facebook page, etc. I expect they want to make out they are "just like us".

Is there a replacement monetary system ?

uk.businessinsider.com

This is what the BoE thinks

"Private digital currencies
Private digital currencies combine new payments systems with new currencies that are not issued by a central bank. The most well-known privately issued digital currency is Bitcoin, but other examples include LiteCoin, Ethereum and Ripple. We have assessed private digital currencies and concluded that while they are interesting, they do not currently pose a material risk to monetary or financial stability in the United Kingdom. We continue to monitor developments in this area.
"

http://www.bankofengland.co.uk/research/Pages/onebank/cbdc.aspx

Crypto currencies are beginning to interest me.