What a crazy headline:

The head of the UK financial watchdog said too many young people invest in crypto assets such as Bitcoin instead of equities or bonds, flagging this as an example of the problems its new strategy is designed to tackle.

FCA estimated 12% of UK adults owned crypto assets, equivalent to about 7mn people

Very concerning for them, bc meanwhile, banks in UK demand you bring proof of bike you want to buy before they let you withdraw £2.5k to buy it lmfao

https://x.com/JimFergusonUK/status/1904487840156700895?t=mqYzNahWfAI6VI_l4gx8hg&s=19

Britain is turning into a third world dictatorship shithole

🚨 BRITAIN: YOU NO LONGER CONTROL YOUR OWN MONEY 🚨

🔴 A UK father tried to withdraw £2,500 of his own money to buy a motorbike for his son.

🔴 The bank’s response?

❌ “You’ll need to prove how you’re going to spend it.”

❌ Access denied — with no legal wrongdoing.

❌ When https://t.co/sCF3qWmECY

Jim Ferguson

2016' class Etherean, The DAO survivor & terminally onchain degenerate regen.

I dislike talking politics but man…

I just learned about the post office false accounting story. Covered by the government and lobbyists. 

One really can get bearish on the UK