Analysis of YouGov surveys commissioned by the Bank of England in connection with its ‘digital pound’ project.

Bank of England’s ‘consultation’ on the ‘digital pound’

We previously issued a paper on the YouGov surveys that the Bank of England commissioned to support its work on the ‘digital pound’, the outcome of which work is out for consultation.

We have responded to both the Consultation Paper and the accompanying Technology Working Paper.

Those responses are contained […]

Technology Working Paper accompanying the Bank of England Consultation Paper on the ‘digital pound’

Bank of England ‘consultation’ on the digital pound

We have analysed the Technology Working Paper which accompanies the Bank of England’s Consultation Paper on the ‘digital pound’, and responded to the survey.

You can download our responses to the survey questions here.

The UK’s ‘digital pound’, often referred to as ‘Britcoin’, will be a Central Bank Digital Currency […]

Bank of England consultation on the ‘digital pound’

‘Consultation’ on the digital pound

We have responded to this consultation, although it is a sham.

You can download our response here.

The points on which the Bank of England has chosen to consult are narrow, and avoid the most important questions about the ‘digital pound’, which can only be referred to tangentially in a response.

This […]

YouGov surveys commissioned for ‘Britcoin’ Digital Pound project

We have analysed the two YouGov surveys issued by the Bank of England and HM Treasury in connection with the public consultation on ‘Britcoin’: the plans for a UK Central Bank Digital Currency.

There is one survey for Small and Medium-Sized Enterprises, and one for Consumers.

They both consistently over-egg the current take-up of digital payments – […]

The Bank of England – off-the-leash and now off-the-wall as well

From Global Britain website

Global Britain has published a pamphlet written by Lyddon Consulting on how recent events have moved the Bank of England beyond any democratic control. The Bank’s ‘Britcoin’ project – for the introduction of a UK Central Bank Digital Currency – demonstrates the Bank of England independence – from us and from our […]

Digital payment failures – we need a viable face-to-face banking model

Our recent research paper on Britcoin examined several of the failures in the digital payments industry that have gone unresolved.

The paper is entitled ‘CAPTURE – BigTech and Digital Payment Giants dominate the committees evaluating the replacement of physical cash with ‘Britcoin’ – a UK ‘Central Bank Digital Currency’’.You can find a click-through to the full paper here:http://www.lyddonconsulting.com/capture-a-major-new-paper-on-the-committees-considering-a-uk-central-bank-digital-currency/

The digital payments industry seems to enjoy the […]

Plans for a UK-crypto, just when real crypto is dying, show a coup d’état has occurred

Introduction

Plans to introduce Britcoin, a UK Central Bank Digital Currency or CBDC, must continue apace, according to the nation’s second-in-command, Deputy Governor Sir Jon Cunliffe from the Bank of England. The awkward death of real crypto cannot be permitted to upset the Bank’s applecart, and reality and the opinions of the population do not matter […]

FTX could be ‘game over’ for Central Bank Digital Currency, and for other dominos: Fintech, Open Banking, the Great Re-set et al

As first published by IREF on www.irefeurope.org as an Online Article on 23rd November 2022:

Introduction

Up until recently the proponents of the cluster of financial developments around the Great Re-Set, Decentralized Finance, Central Bank Digital Currency, Financial Inclusion, Fintech, Open Banking et al have had things very much their own way: forming their own committees packed […]

FTX shines a light on crypto people – do we want them replacing our UK cash with their digital currency?

Sir Jon Cunliffe, Deputy Governor of Financial Stability, Bank of England, sees no contradiction between the rampant instability on Planet Cryptocurrency and the Bank’s plans to replace our cash with its own UK version of a cryptocurrency. This is the message today from the most senior person responsible for the stability of the UK currency.

Welcome […]