Back to Feed
Fintech– 10
Former UK PM Truss backs bitcoin amid economic concerns
CoinDesk·
Former UK Prime Minister Liz Truss has expressed strong concerns about the UK's economic trajectory, citing high taxes, regulation, and weak growth incentives. She attributes current economic challenges, including inflation and inequality, to currency debasement and a lack of sound money principles. Truss indicated her support for bitcoin, viewing it as a potential tool against currency devaluation and centralized control. She is also launching CPAC UK to promote a movement focused on sovereignty and liberty, aiming to foster economic reform and challenge the current financial system's direction.
Tickers
$BTC-USD
Tags
fintech
macro
regulation
Original Source
CoinDesk — coindesk.com