Response to the Bank of England and HM Treasury on the Digital Pound

In this episode, we present an audio version of Bitcoin Policy UK’s response to the Bank of England and HM Treasury on the Digital Pound, originally published on 31 May 2023. This paper sets out why a retail CBDC represents a fundamental shift in the relationship between citizens and the state, raising serious concerns around privacy, financial surveillance, programmability, and democratic oversight. Rather than modernising money, the digital pound risks embedding new forms of control into th...