BoE is hoping to roll out its own CBDC which the media are dubbing "Britcoin", in 2025 and so they are trying to smear anything to do with Bitcoin and its adoption.
Other things such as "people investing in Bitcoin should be prepared to lose all their money" have also been brandished around by him.
Probably the only thing BoE are worried about is people losing trust and faith in them. They and the FCA have really clamped down on people being able to buy and do things with Bitcoin/crypto earnings in a bid to remain relevant. Such a shame, we could be leading the way but no.
I'll be sticking with Bitcoin thanks Mr Bailey!
Yes, Bitcoin will be bigger than any of these banks. I wouldn't be surprised if they were secretly accumulating some btc too. :)
Yeah that's usually the tactic right? JP Morgan and Goldman Sachs been doing that for years! "Bitcoin bad" 4 years later, "Bitcoin good! Btw, we have billions worth of it!"
They can force you to pay rent and tax in their own ponsi.
Already are mate, don't you worry haha
Oh snap, oh snapp