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Bank of England will scramble to buy BTC before it hits $1 million, Bitcoin expert projects

Bank of England will scramble to buy BTC before it hits $1 million, Bitcoin expert projects



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  1. “An *expert* has claimed”.

    What expert? What is the claim based on? Where is the evidence for the claim? What did BoE say in response?

    Article is headline clickbait nonsense.

    Here’s some *real* stuff that actually happened:

    George Osborne, the former chancellor of the UK Exchequer buying Bitcoin from an ATM in 2013.

    https://www.google.com/amp/s/www.cityam.com/george-makes-quick-buck-20-bitcoin-buy/amp/

    The City of London (where Level 39 and BoE is based) have been stacking sats since day one of all this.

    Here’s British MP Steve Baker talking in Parliament about how awesome Bitcoin is after he used it to buy a digital camera in 2014.

    https://positivemoney.org/press-releases/uk-parliament-debated-money-creation-for-first-time-in-170-years/

    And here’s former British Prime Minister David Cameron opening the blockchain.info offices in 2017.

    https://mobile.twitter.com/david_cameron/status/836294380281606144?lang=en

    Related: *The Sovereign Individual: Mastering the transition to the digital age.*

    https://www.goodreads.com/book/show/82256.The_Sovereign_Individual

    By William Rees-Mogg, who predicted bitcoin back in 1997. William is the father of the leader of the house of commons (Jacob Rees-Mogg) and former editor of The Times.

    “The Times 03/Jan/2009: Chancellor on brink of second bailout for banks.” – Message left by Satoshi in the first ever bitcoin block.

    https://en.bitcoin.it/wiki/Genesis_block

  2. tldr; Bitcoin expert Max Keiser has said that the Bank of England will be scrambling to acquire Bitcoin before it trades at $1 million. Keiser notes that the potential adoption of Bitcoin by the BoE is part of the broader notion that the asset has ‘killed’ central banks.

    *This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.*

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