Comment on Digital pound should not be considered until risks addressed, MPs warn

qdJzXuisAndVQb2@lemm.ee ⁨1⁩ ⁨year⁩ ago

• Syldon@feddit.uk ⁨1⁩ ⁨year⁩ ago

  Charge negative interest rates? How do you think that will affect the banking sector.

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• mannycalavera@feddit.uk ⁨1⁩ ⁨year⁩ ago

  Are you able to summarise the problems?

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  • Hossenfeffer@feddit.uk ⁨1⁩ ⁨year⁩ ago

    Are you able to summarise the problems?

    1. “the state being able to track every transaction you make”
    2. “[the state being able to] devalue [a digital pound] at will”
    3. “[the state being able to] charge negative interest rates to encourage spending to boost ‘the economy’”.

    I hope that helps!

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  • Opafi@feddit.de ⁨1⁩ ⁨year⁩ ago

    I think he just did.

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    • mannycalavera@feddit.uk ⁨1⁩ ⁨year⁩ ago

      I was hoping for a bit more than a general assertion of “bad things will happen” 🤷

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      • teft@startrek.website ⁨1⁩ ⁨year⁩ ago

        He listed three problems with it. I don’t see a general assertion of anything in his comment.

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