I think they don't comprehend that the old guard is dying off globally and are still in the mindset of maintaining a safe haven for fiat central bankers that fear Bitcoin substantially. It's a sad state to be in but the UK PM has long been an intelligence asset and hand puppet for sometime so it doesn't surprise me, so it's fuck all until the next party takes over cuz it's obviously going to happen.
UK regulators are driving bitcoin businesses away while other countries capitalise on the opportunity. The FCA’s blanket cryptoasset policy is crushing innovation, stifling growth, pushing companies offshore, and making the UK increasingly hostile to bitcoin businesses.
Companies are scaling back or leaving the UK due to restrictive and unclear regulations. Meanwhile, the US, UAE, and Singapore are actively attracting bitcoin investment.
Bitcoin is not a meme coin. It is the future of finance.
If this continues, the UK will lose its financial edge and risk global irrelevance as investment moves elsewhere.
My latest Forbes piece.
nostr:nprofile1qqsd7gqv4s60d743gfv8x4z09krv6zmn6x02sswcfsrt0ymshw3pfqcpzemhxue69uhk2er9dchxummnw3ezumrpdejz7qg4waehxw309aex2mrp0yhxgctdw4eju6t09uja9d2l nostr:nprofile1qqs80cjjxm2psuux933tsd0w5ljjtf49j9rxnxmyajweh3cgg5ca76gpz4mhxue69uhhyetvv9ujumn0wd68ytnzvuhsz9thwden5te0dehhxarj9ehhsarj9ejx2a30whvllz
