A Conservative backbencher from the Shires was railing against various things on R4 this week. ‘If we keep adopting policies which reduce the value of the pound in our pockets’ he said, ‘you can understand why so many are turning to bitcoin’. I really doubt that those ‘turning to bitcoin’ are doing so in response to any worries about inflationary government policies. They’re looking for easy money. And anyone looking for easy money is rife for a scam. That’s one compensation bill I will lie on the steps of No.10 and bite Boris’s ankles before paying. Tickets will be available.
“US Justice’s largest ever financial seizure sees two arrests over $3.6bn stolen crypto”
I make a point of never recommending anything which is a)unregulated or b) I don’t understand and can’t explain. And here’s proof, were it ever needed, that crypto-bitcoins fall firmly into both categories…
