Crucial moment. Bank of England makes its bitcoin

“Gold is for idolaters, not for us. As long as there are idolaters, and they are more important than gold, nothing threatens our cause. ”The statement is attributed to Nathan Rothschild

The Bank of England, the center of the world behind the scenes , a private enterprise (the list of shareholders is still unknown) published a draft document in which, against the background of the current global financial crisis, in addition to calls for fundamental changes, the issue of creating a monetary surrogate of its own digital currency is discussed. .

_{The Bank of England was originally organized in 1694 as a private bank, was nationalized in 1946, and in 1997. received the status of an independent public organization, independent in the conduct of the monetary policy, the full owner of which is Solicitor (category of lawyers) of the Ministry of Finance on behalf of the government}

Perhaps, this is the coolest achievement of Bitcoin - world financiers have seriously thought about the new financial system. Soon the Jamaican currency system will be replaced by a% username% -coin system.
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It came to them that they are not needed. It is quite possible to transfer money safely between Alice and Bob without involving third parties. hard drive with a bunch of bitcoins, which eventually turned into a treasure. There is also an investment / project function of money, but its implementation is still somehow tight. Although crowdfunding platforms have every chance.)

The bank raises questions about regulation, traceability and privacy, money laundering, how to move from one system to another, etc.

I'm going to reread Neil Stevenson's Cryptonomicon

Under the cut - conference video