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UK PM’s tweet has crypto watchers curious and worried. Here’s why
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A sudden development in the UK’s environmental scene sparked debates about crypto adoption, CBDC development, privacy concerns, and more. Around the time of the COP26 summit, UK Prime Minister Boris Johnson tweeted a promise that set off a FUD storm.
He said,
“I’ll be asking world leaders to take action on coal, cars, cash and trees – to keep alive the prospect of limiting global temperature rise to 1.5 degrees. #COP26 […] “
To be specific, the word “cash” had many people worried. The UK’s push towards a cashless society is well-documented. But now, crypto watchers want to know if this signals the development of a digital currency. There are several reasons to back this theory.
On 14 October, the Digital Pound Foundation – an independent group
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