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#GM22 – The Bank of England Puts on Lipstick to Hide Incompetence…

GM Bitcoiners,

If you were the head of a central bank facing heavy criticism after recent inflation highs and huge economic instability leading to a cost of living crisis, would you:

a) take an honest look at policy decisions that lead to this


b) give some consultants 200k to create a new Bank of England mission statement that will, “define the essence of the organisation”.

If someone else foots the bill and you’re trying to avoid accountability, you’ll go with option b, just like Andrew Baliey, the Governor of the Bank of England did.

When the narrative fails, just go for a rebrand and spin a new story.

Much like the Bank of England, the narrative in the world of crypto is constantly changing…






Once the market becomes bored by one marketing buzzword, they switch back to another and spin a brand new story to keep people distracted from the fact that there is no real foundation.

While there is certainly market volatility in Bitcoin the foundations haven’t changed…

  • Finite supply

  • Decentralised network

  • Verifiable

  • Permissionless transactions

Our foundation is simple; if you want to create an automated Bitcoin savings plan, we make it easy at FastBitcoins. Sound savings built on sound money.

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.

#GM21 – The Fed Are Pricing Eggs in Bitcoin…

Where is Bitcoin Stored, actually?