Good Morning! – Another crazy week!! – A lot has been happening, such as the Apple Spring Event took place (but we spoke about this last week), UK politics (with up and coming local council and police commissioner elections) and finally, India – and how the new variant/wave 2 of Covid has hit the country!
So for the week gone, I’ll share my Top Two Tech Stories…
- Up first, Britcoin!
Now, I’ve previously shared with you what Bitcoin is, how it works and that wonderful video by the young girl. So now you (kind of) understand it… Rishi Sunak is exploring the idea of a new digital currency called Britcoin!
A Bank of England backed digital version of sterling would potentially allow businesses and consumers to hold accounts directly with the bank and to sidestep others when making payments, upending the lenders’ role in the financial system.
“We’re launching a new taskforce between the Treasury and the Bank of England to coordinate exploratory work on a potential central bank digital currency (CBDC),” Sunak told a financial industry conference.
Soon after, Sunak tweeted the single word “Britcoin” in reply to the finance ministry’s announcement of the taskforce.
2. Spotify CEO, Daniel Ek has expressed an interest in purchasing Arsenal Football Club!
Daniel Ek and his business parter Martin Lorentzon founded the company (Spotify) in 2006 in Sweden, and launched the product in 2008. It was listed in 2018 and the 38 year old is currently worth a cool $4.7bn.
The company has more than 180 million users, 87 million of whom are paying subscribers – and many, went to twitter to share that they would happily move to the premium paid service of Spotify if it’d help Arsenal buy some top class players!
From a startup, to a huge company…. to now potentially purchasing Arsenal. Truly, anything is possible! (Makes me thinks, what were you doing in 2006?!) – Could you have gone the same route and potentially be buying your favourite football team…?
So there are my Top Two Tech stories for the week. From Britcoin (now I’m at the end of this blog post – my auto spellcheck finally recognises it and stops changing it to Bitcoin!) and Spotify. Who knows, in the future, you could pay for your music with Britcoins and spend it at the Emirates!
