fnew on Nostr: The UK is falling behind, wherever you look. From failing at AI data centre ...
The UK is falling behind, wherever you look.
From failing at AI data centre construction to filling in potholes, there are stories of missed opportunities and mismanagement everywhere.
But in one area, we can still claim a bronze medal – our national Bitcoin holdings, placing us third among all nation state holders.
In the time since we first wrote to Tulip Siddiq MP on this topic in July, the value of this stake has increased by over a billion pounds. And all this with the Financial Conduct Authority continuing their hostile policies towards Bitcoin adoption.
Imagine the potential if as a country we chose to embrace this asset and this sector, instead of trying to drive it away?
In October, bitcoinpolicyuk (npub1z74…d4yx) welcomed a response from the City Minister and are delighted to be in dialogue with her and with her team. Today, we publish another open letter in reply, and share the details below.
We look forward to working practically with Treasury and with Ministers to discuss and consider the issues we raise in more detail.
From failing at AI data centre construction to filling in potholes, there are stories of missed opportunities and mismanagement everywhere.
But in one area, we can still claim a bronze medal – our national Bitcoin holdings, placing us third among all nation state holders.
In the time since we first wrote to Tulip Siddiq MP on this topic in July, the value of this stake has increased by over a billion pounds. And all this with the Financial Conduct Authority continuing their hostile policies towards Bitcoin adoption.
Imagine the potential if as a country we chose to embrace this asset and this sector, instead of trying to drive it away?
In October, bitcoinpolicyuk (npub1z74…d4yx) welcomed a response from the City Minister and are delighted to be in dialogue with her and with her team. Today, we publish another open letter in reply, and share the details below.
We look forward to working practically with Treasury and with Ministers to discuss and consider the issues we raise in more detail.