Digital Currencies Like Bitcoin Could Increase UK GDP by $80 Billion

Barely a week after the World Economic Forum published a 139-page report that focused on blockchain all through without a mention of Bitcoin, it has released a Youtube video titled: What would happen if the United Kingdom issued a digital currency like Bitcoin?
The less-than 2-minute informative clip highlights key findings attributed to the Bank of England and the IMPACT Institute for the Digital Economy as sources as to what the UK would benefit by issuing a digital currency.
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Huge potential of Blockchain in the UK The Bank of England modelled an economy with a digital currency equal to 30% of GDP with a simulated digital currency that was subjected to real world business cycles.

This post was published at Coin Telegraph on 2016-08-19.