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.
“Crypto crisis: how digital currencies went from boom to collapse”
There were so many signs, huge banners even, pointing to the fortunes that might be lost by investing in crypto bitcoins and the like.