BOE's Carney says crypto not a promising form of money

Author: Adam Button | Category: Cryptocurrency

BOE Governor Mark Carney answers questions in an online Q&A

The Q&A with Carney is on the topic of the future of money. Read it here. So far he's giving some seriously long-winded answers.

Update: He says rate hikes will be limited and gradual:

"Many of the structural factors currently weighing the global equilibrium interest rate are likely to persist for many years to come. That's why the MPC expect that any future increases in Bank Rate are likely to be at a gradual pace and to a limited extent."



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