Do digital currencies need policing?
The Real Story
00:00
Is China's Digital Currency Inevitable?
i think central bank digital currencies are inevitable, and it will be programmable money. In China they have created a digital currency that takes all privacy away from payments. It is part of the thinking right in developing the digital uan and banning private crypto currencies. But with countries like newtake, for example, where we're considering plans for adidital sterling, it's more so that people can have confidence in trying to access a dital version of the pound. We've had national identity programmes triled in the u k before they've even been passed into law and then repealed because civil liberties lawyers and human rights experts simply don't see that succeeding. And almost in a way, this
Transcript
Play full episode
