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.