cryptocurrency

2751 readers

14 users here now

The largest cryptocurrency community on the Fediverse!

Lemmy community dedicated to cryptocurrency news, technicals, education, memes and so more!

💬 Chat on Community Improvements and Development

Community Knowledge Base:

Be nice, have fun.

Community rules:

No Spam
No ads
No aggressive coin promotion or attacks on others
No ICOs / IEOs / STOs / token (pre)sales / scam schemes promotion
No trading/buying crypto discussions
No promotion of trading groups, courses, signal groups, or other trade groups
No pumping and shilling
No casinos, giveaways, faucets, begging
No price speculation posts
No trolling

General lemmy.ml instance rules applicable here too.

Ugly brother of this community: bωockchain

For a community devoted to cryptography itself, visit c/cryptography

founded 5 years ago

MODERATORS

[email protected]

Just-In: Bank of England May Soon Launch CBDC (coingape.com)

submitted 2 years ago by Rumblestiltskin to c/[email protected]

4 comments fedilink hide all child comments

you are viewing a single comment's thread
view the rest of the comments

[–] [email protected] 2 points 2 years ago* (last edited 2 years ago) (1 children)

Does it have all the necessary properties of a cryptocurrency? Is it permissionless? Is inflation controlled algorithmically?

[–] Rumblestiltskin 2 points 2 years ago (1 children)

We don't know. It could be an ultimate control and surveillance tool or it could be completely permissionless but it will likely be somewhere in between. It would be interesting if actual parliamentary laws can decide the rules the currency runs on.

I assume you will need to go through a bank/financial institution to get an account. It would be cool if privacy was baked in with the ability of a court order to reveal accounts with those court orders publicly available.

[–] [email protected] 1 points 2 years ago

Oh man they haven't even decided these fundamental things? How can anyone vote on something without these defined first??