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#GM04 – Apocalypse Now? The Governor of the Bank of England is ‘Helpless’

GM Bitcoiners,

Hear ye. Hear ye. The end of bad money is near and the world is being turned upside down…

This is not a drill. At least, according to the governor of the Bank of England, Andrew Bailey –

The Governor of the Bank of England has warned of ‘apocalyptic’ global food price rises and said he is ‘helpless’ in the face of surging inflation as the economy is battered by the war in Ukraine.”

It seems that The Fed has completely given up on the ‘transitory inflation’ narrative altogether, and are finally revealing they don’t have as much control over the current situation as was implied… The Fed aims to achieve a ‘soft or soft-ish’ landing, but many economists doubt such a scenario is possible.”

‘Soft-ish’ landing 🙃

Is this just a combination of ‘black swan’ events… or does it all go back to the money?

Bitcoin Twitter hasn’t exactly been shy about what’s been happening over the past few years (well, since 1971 and then some!)

At times like this, you just have to focus on what you can control. 

How can you become more self-sufficient and sovereign? 

For us, being able to navigate these challenging periods begins with protecting your money, time and energy.

And there isn’t money that’s built tougher than Bitcoin. 

Hopefully, things don’t get too ‘apocalyptic’. Still, if they do, we want money that isn’t reliant on a state or organisation, that we can store ourselves, take anywhere in the world and send to anyone. 

No matter what happens, you don’t want to panic. This is why we make it easy for people to auto-save bitcoin at 

Accumulating slowly while you learn more about Bitcoin and become more familiar with the technology is a far better strategy than panic buying or trying to time the market. 

Focus on the signal.

Written by Henry

Content Manager at FastBitcoins. Came to Bitcoin for the sound money... stayed for the memes! When not on Bitcoin Twitter, Henry can be found dancing Argentine Tango or in the gym.

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