This peckerhead speaks on Bitcoin at 36:50 in this hearing and says it’s “not a medium of exchange, not a store of value, not a unit of account”.

It’s like a candlemaker talking shit about the lightbulb - yeah, you would say that..

Note he does say they’re concerned about “independent currencies” and the UK is trying to regulate at the moment - of course he contradicts himself. He’s a banker, he couldn’t lie straight in bed.

https://player.vimeo.com/video/912104765

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Can you please tell me roughly where in the hour long talk your snippet above is taken from? Just so I can direct people to it who don't use nostr... Thanks!

It’s at 36 minutes 50 seconds or thereabouts.