OPINION: The public must be correctly informed over Hunt’s roadmap for a CBDC or face the prospect of ‘SpyCoin’

Published by
City AM

By Darren Parkin So, what is being proposed, here? The UK Government will release a CBDC (Central Bank Digital Currency) roadmap today. CBDCs have been on the radar of the Bitcoin community for years, but while the government has been laying the foundations, the British public has been gaslit. What is more concerning than the technology being proposed is how few people in the UK have heard of or understand what a CBDC is. For those in doubt, it is programmable money. They were first discussed and proposed as early as the late 1990s, with early attempts at digital currencies issued by central b…

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