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Lane: Payments innovation beyond the pandemic
Good morning, and thank you for hosting me today. I’m sure many of you share my sentiments about these virtual events—that we would much rather be together in person, and yet we are grateful for the technology that allows us to gather online. The need to switch to this digital platform is, of course, just one small example of the changes brought on by the global pandemic. COVID-19 has claimed the lives of far too many—in Canada, we have lost more than 20,000 people. The virus has had a devastating impact on households and businesses across the country. Almost overnight, the Canadian economy suffered its worst ... (full story)
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BoC Deputy Gov. Lane:
— DailyFX Team Live (@DailyFXTeam) February 10, 2021
- Cryptocurrencies are a "deeply flawed" payment method
- Only a central bank can guarantee complete safety and universal access of a digital currency#BoC $CAD $BTC
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BOC'S LANE: CRYPTOCURRENCIES SUCH AS BITCOIN DO NOT HAVE A PLAUSIBLE CLAIM TO BE A MONEY OF THE FUTURE
— *Walter Bloomberg (@DeItaone) February 10, 2021
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BOC'S LANE: SUCH A CURRENCY WOULD ONLY BE ISSUED IF AND WHEN TIME IS RIGHT; A CANADIAN DIGITAL CURRENCY IS BY NO MEANS A FOREGONE CONCLUSION #News #Forex #CANADIAN #BOC
— Capital Hungry (@Capital_Hungry) February 10, 2021
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BOC'S LANE: CRYPTOCURRENCIES SUCH AS BITCOIN DO NOT HAVE A PLAUSIBLE CLAIM TO BE A MONEY OF THE FUTURE; RECENT SPIKE IN CRYPTOCURRENCIES LOOKS MORE LIKE 'SPECULATIVE MANIA" https://t.co/HM6gnY6RvL
— Inara Bright (@InaraBright) February 10, 2021