Listen: Bank of England Mark Carney on Facebook's Libra
"Crypto currency now because Facebook has said that it's not it's own cryptocurrency Connie has something to sail. Not. So this is the governor of the Bank of England this speech last night. And first of all, it shows quite how far the Bank of England has evolved really under Mark Carney. The Canadian ex Goldman Sachs banker sort of it says quarter, a lot about how it's volved onto him that we've got sort of fussy old fashioned Bank of England engaging in the modern world engaging talk about crypto currencies the official launch Facebook can and leaper the it was only a few days ago. I mean I is a couple of things. If you're a central banker as Connie is now at the Bank of England if you're a central Bank, you don't like cryptocurrencies, because you don't control them central bankers control currencies to interest rates through making money available through the banking system. So that's the first thing this is this is why they also attractive to many people because they're not controlled by central banks. So in a way he sort of his said, could cut costs for people it banking it could improve financial inclusion, but at the same time, there was a big warning to Facebook shorter cough, the bowel, basically, if you think you are going to benefit from the unregulated, free fool the, the is in social media. You're not this is the world of banking and money and finance is not unregulated way will be working with you to ensure this can work"