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Britcoin: The Digital Pound

Financial Concepts

Definition

The digital pound is an initiative for a new type of money issued by the Bank of England used in-store or online to make purchases. Nicknamed "Britcoin" or "digital sterling," the digital pound would be issued by the Bank of England and backed by the government and would not be a privately issued cryptocurrency. Key Takeaways Central banks have been researching central bank digital currency (CBDC)

In Panel Profits

In the Panel Profits market platform, Britcoin: The Digital Pound applies standard financial concepts principles to comic assets and physical collections.

Common mistakes

Do not infer unobserved prices.