Britcoin

I’m sure they’ll find a way to mess it up, if it ever arrives :eyes:

What’s the benefit of a CBDC?

Presumably it wouldnt be private so wouldnt replicate that aspect of physical cash. So what’s the point compared to money stored in retail banks?

Transfers between holdings of Britcoin locally and internationally.

I believe currently international bank transfers are daisy chain transactions between different banks from source bank to end bank. Unless the bank you send money from has reserves held in the receiving bank.

A blockchain transaction could make it instant. Its the premise of some crypto coins like Ripple (XRP).

1 Like