Former UK PM "Bitcoin, the ultimate weapon to shake banks"

▲ Bitcoin (BTC)

Former UK Prime Minister Liz Truss has fiercely criticized overall monetary policy, defining Bitcoin (BTC) as the 'ultimate weapon' against central bank control.

Former Prime Minister Truss recently evaluated Bitcoin not merely as an investment asset but as a means to counter currency value depreciation and centralized control. She pointed to the decline in currency value and the failure of monetary policy as the causes of the UK economy's prolonged recession.

Truss stated, "Many problems stem from the depreciation of currency value," emphasizing that inflation and an expanded money supply led to the weakening of the pound. She further noted that serious discussions about monetary policy have disappeared from government and academia, and the topic is treated as a taboo.

In particular, she argued that the current financial system is designed to strengthen centralized control through regulations and taxes. Criticizing that such a structure limits individual financial freedom and reduces economic vitality, she presented Bitcoin as a key alternative to it.

Former Prime Minister Truss assessed that the UK economy has entered a "very negative path," diagnosing that low growth rates, high taxes, increased regulations, and rising energy costs are simultaneously weakening business activities and work incentives. She warned of the possibility that this environment could lead to long-term economic decline.

She also emphasized that Bitcoin can simultaneously check currency value depreciation and state-centric financial control, making it clear that digital assets are emerging as an alternative axis to the existing financial order.

*Disclaimer: This article is for investment reference only, and we are not responsible for any investment losses based on it. The content should be interpreted for informational purposes only.*