Daily bitcoin Market: economists suggest that the Bank of England to consider the issue of digital currency

Daily bitcoin Market: economists suggest that the Bank of England to consider the issue of digital currency

Bitcoin prices on Tuesday (September 22nd) the disc high shock, but the last few days have not obvious market trend.

BITSTAMP announced the price display, bitcoin / $(XBT/USD) yesterday from the 230 level shocks down to below 226, the trading day since 225 near the shock rebound to 228 highs.

(bitcoin / $chart source: Peng Bo, FX168 financial network)

KRAKEN announced the price display, bitcoin / euro (XBT/EUR) yesterday was from the 205 level fell below 201, after the shock rebound, the disk to return to near the 204 level transaction arias.


(bitcoin / Euro time chart source: Peng Bo, FX168 financial network)

    BtcTrade Trading network announced price display, bitcoin / yuan yesterday from above 1490 fell sharply to near the 1449 level, then launched a choppy trading, the disc Nichia rebounded to around 1463.

(30 yuan / minute bitcoin trading network chart source: BtcTrade)

The industry, the Bank of England’s chief economist Haldane (AndrewHaldane), the central bank can consider issuing a digital currency bitcoin based on technology.

Haldane in the Northern Ireland chamber of Commerce said the Bank of England pautas, we consider the quantitative easing monetary policy, but this may lead to bank credit losses. In this regard, a solution that is the issue of a digital currency bitcoin based on technology, and endorsed by the national.

It said, distributed bitcoin payment technology has real potential. It solves an abstruse problem: how to monetary economics in a decentralized network, build trust (which is the essence of money).

But Haldane also pointed out that a variant of this technique can support the central bank issued a digital currency, is an unsolved problem. Whether the public will accept it instead of money, is also a problem. “Digital currency issued by the central bank will cause a lot of logic and behavioral aspects of the problem.”

Beijing time 11:52 on September 22nd, bitcoin / USD / Euro 227.60, bitcoin bitcoin / report 203.88, reported 1460 yuan.

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