Sunak will introduce crypto-currency to our banking system.

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  • UK to Mint First State NFT This Summer
    British Chancellor of the Exchequer Rishi Sunak has ordered the Royal Mint to create the UK a state NFT by the summer.
    businessplus.ie


    Finally, the government embraces crypto-currency, which will be worth a healthy chunk of money for the Chancellor’s coffers. :/

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  • Stupid idea and wont make a difference to those wanting privacy /anonymity with existing independent crypto currencies. The only benefit for the state is that it may make it easier to tie in more (exchange) with existing currency making it easier to convert or launder from one to the other. But he's missing the point of Crypto. People that use crypto don't want to feed their cash into state banking systems who not only charge fees but gamble with your cash. It can't be trusted and can be lost to easily when the next banking crisis hits.

  • Interesting story this, not sure what to think of it. I need to ponder on it.

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