Writing in the Financial Times (paywall), the Bank of England says stablecoins & CBDCs will make payments efficient and global. Innovate, tokenisation, efficiency, global: lame reasoning obfuscated by jargon. The real reasons (not mentioned): - stablecoins can hugely increase sovereign debt markets -CBDCs can greatly increase surveillance & control https://image.nostr.build/6b416d1828dda5aa616be3994991eac061819c2b0bd18223c94a401cc51414d4.jpg