Quote Originally Posted by walter View Post
Blue Pill Money dressed as Red Pill.


Bank of England Debating Digital Currency Creation

https://www.bloomberg.com/amp/news/a...on-bailey-says

The Bank of England is reviewing whether it should create a central bank-backed digital currency, according to governor Andrew Bailey.

“We are looking at the question of, should we create a Bank of England digital currency,” Bailey said Monday in a webinar event with students. “We’ll go on looking at it, as it does have huge implications on the nature of payments and society.”

“I think in a few years time, we will be heading toward some sort of digital currency,” he added.

The BOE is part of a group of major central banks teaming up to assess potentially developing their own digital currencies, acknowledging their role is being challenged by new technologies and private sector initiatives such as Facebook Inc.’s Libra.

It could be some time before the U.K. central bank is able to fully devote its attention to such a development, however.

“The digital currency issue will be a very big issue,” Bailey said. “I hope it is, because that means Covid will be behind us.”
Initially I am put off with such a cerebral currency, but so much that it depends on a Hollywood prop (The Matrix) for substantiation by slogan. You might have caught that by me evading the topic altogether. Yesterday I read an article that connects well titled:

The Impact of the COVID-19 Pandemic on College Student Mental Health: A Longitudinal Examination of Risk and Protective Factors

It should not have surprised me that the big factor for students, most female being deprived of the traditional classroom is undependable Internet connection as a stressor. Even when people have internet connection apparently, being dependent on the Internet causes anxiety.