Susie Violet Ward's avatar
Susie Violet Ward
npub1hwgw...03sg
Journalist
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Susie 1 year ago
Harvard economist Matthew Ferranti has published a peer reviewed study showing that central banks preparing for sanctions risk should hold more than just gold. His model demonstrates that adding Bitcoin to reserves strengthens resilience when access to traditional assets is threatened. For the first time, a peer reviewed economics journal is treating Bitcoin as a credible reserve asset rather than speculation. What took them so long? A reminder that money can be weaponised, while Bitcoin remains neutral, borderless, and open to everyone. At the Financial Times Digital Asset Summit, the UK’s Economic Secretary to the Treasury, Emma Reynolds said Bitcoin “isn’t for us.” Ferranti’s study shows why the government must start researching Bitcoin’s role in reserves. This is the kind of research @npub1z74d...d4yx has consistently urged the Treasury and Parliament to conduct. Read the full paper: https://www.sciencedirect.com/science/article/pii/S0261560625001688 image
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Susie 1 year ago
Runaway US debt is on target to hit $40T by Christmas. In the UK, the Office for Budget Responsibility flags us as one of the most indebted advanced economies. As Reuters put it: “Britain’s economic problems are home-grown and a solution looks a long way off.” Inflation saves the state, Bitcoin saves you. https://www.reuters.com/commentary/breakingviews/britains-economic-woes-are-sadly-home-grown-2025-09-05/ image
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Susie 1 year ago
Is this how freedom ends in the UK? The UK’s latest “crypto AML rules” slash ownership disclosures from 25% to 10%, pulling more people into disclosure regimes and expanding banking surveillance. These measures are framed as fighting crime. But similar rules in tradfi have existed for years and haven’t stopped fraud or money laundering. What they do create are honeypots of personal data, risks for law-abiding people, and deeper state oversight. This is about normalising authoritarian tools, not AML or safety. Decades of KYC and financial surveillance show how control creeps in rule by rule. That same authoritarian logic already governs speech, from the Online Safety Bill to Graham Linehan’s Heathrow detention over tweets. And now digital IDs are back on the table, linking finance, identity and turning everyday access into a system of control. Add in programmable money and street surveillance, and you have a panopticon, a 1984 scenario darker than Orwell imagined. https://99bitcoins.com/news/bitcoin-btc/new-uk-crypto-aml-rules-target-ownership-banking-and-trusts/ The UK has offically sleepwalked into authoritarianism.
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Susie 1 year ago
Energy bills are climbing again in the UK while billions are being paid out in curtailment costs. Flexible load solutions that could help stabilise the grid are being ignored. According to the Financial Times, in the 2024–25 financial year. NESO spent £2.7 billion in total balancing costs in 2024–25, with wind curtailment a major contributor. This curtailment happened because the grid could not handle the excess electricity. https://ft.com/content/221d5b5d-ae51-4a6c-8516-b3b906d3ff89 Recent coverage paints a clear picture. YahooFinance and CoinDesk report on Hut 8’s efforts to monetise energy assets, showing how miners are aligning with the energy sector to provide stability and unlock new revenue streams. https://finance.yahoo.com/news/hut-8-maps-path-monetization-131011324.html https://coindesk.com/markets/2025/08/27/hut-8-maps-path-to-monetization-of-energy-assets-as-bitcoin-mining-carve-out-nears-benchmark Our UK briefing paper at @npub1z74d...d4yx shows exactly how Bitcoin mining could do the same here. Flexible load can absorb excess renewable generation, reduce curtailment costs, and lower bills for households and businesses. https://img1.wsimg.com/blobby/go/aea8e937-fd18-400f-afd9-c3513112c757/downloads/d3850229-208c-4385-9b86-2e82fd55cc6c/UK%20Power%20Grid%20Bitcoin%20Mining%20as%20a%20Demand%20Side%20.pdf The UK energy crisis is not going away. It is time to stop ignoring solutions that are already working elsewhere. H/t to Progressive Bitcoin UK for today’s newspaper headlines.
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Susie 1 year ago
Another solo Bitcoin miner has hit a block, with #910,440 reportedly earning around $371,000 through CKpool. This adds to a series of rare solo wins seen in 2025. These stories show that solo miners have a chance to succeed and serve as a reminder that Bitcoin remains open to anyone, reflecting the ongoing promise of decentralised mining. Read the full article here: image
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Susie 1 year ago
BTCHEL in Helsinki was the first major Bitcoin event in the Nordics. Across the panels there were discussions on mining, decentralisation, regulation, energy, and the growing role of Nostr in building a censorship resistant future. Moments like this show the growing global momentum for Bitcoin as money, a network, a technology and a movement. Jeff Booth said the change that is happening now is so profound it can’t be measured in our current reality. One of the closing remarks by Knut on the future of Bitcoin summed it up best: “Let’s hope Bitcoin changes you more than you can change Bitcoin. Let’s hope that’s also true for politicians too.” BTCHEL will be back next year and I highly recommend it. ⚡️ Special thanks to Luke, Knut and the whole team for making BTCHEL such a huge success. @BTCHEL 25.-26. SEPTEMBER @Roger 9000 @Rachel @Joe Nakamoto @Jeff Booth @Knut Svanholm ∞/21M @Luke de Wolf
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Susie 1 year ago
If you like Bitcoin, beef, and mining… you’ll love this! Hashdried Proof of Beef Chris the Butcher from Helsinki knew nothing about Bitcoin and is now drying his beef using the heat from mining. Thank you, Chris, for showing how it’s done! @BTCHEL 25.-26. SEPTEMBER
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Susie 1 year ago
The Financial Times published a piece this week titled “Why struggling companies are loading up on bitcoin.” At first glance it looks like a story about corporate adoption of the world’s leading digital asset. Read beyond the headline and a problem emerges. The article uses “Bitcoin” and “crypto” interchangeably, which gives the impression they are the same thing. The article includes high profile Bitcoin cases like MicroStrategy alongside firms acquiring other tokens such as Ether or Solana. It reports total figures for “crypto purchases” while presenting the trend as companies “loading up on bitcoin.” Warnings about systemic risk refer to companies holding crypto assets far above their revenues but do not distinguish between Bitcoin and other assets, which changes how the data can be interpreted. The difference matters because Bitcoin is not “crypto.” Bitcoin is a decentralised, fixed supply network with 16 years of uptime and a clear monetary policy. Crypto is a catch all for millions of tokens with very different levels of security, regulation, liquidity and purpose. A company adding bitcoin to its treasury as a long term reserve asset is not the same as one speculating on illiquid, high volatility altcoins. The risk profile, motives and signal to the market are different. When journalists blur these lines, the analysis loses its foundation. Readers are left with an oversimplified narrative that only holds together if Bitcoin and crypto are treated as one category. If an argument depends on merging those two worlds, it is not analysis. It is misdirection, and it is harmful. Many policymakers read mainstream articles like this, take the narrative at face value and form their views about bitcoin without consulting subject matter experts or reviewing primary data. This is how flawed coverage can end up influencing lawmaking. In 2018 the UK Treasury Select Committee’s report on “crypto-assets” grouped Bitcoin and altcoins into a single category, a framing that mirrored mainstream coverage at the time. That framing then became part of the political record and aligned with the concerns later cited by the FCA when it introduced a ban on crypto derivatives for retail investors. In the EU, early drafts of the MiCA legislation included language that would have effectively banned proof of work networks such as Bitcoin by subjecting them to strict environmental standards. These provisions reflected the narrative common in mainstream coverage at the time, which portrayed Bitcoin’s energy use without context. Media driven misconceptions about Bitcoin have already influenced regulation. If coverage like this continues to shape political understanding, the effort required to undo the damage will only grow, and Bitcoin will be regulated on fiction rather than fact, as it appears to have been so far. I am glad Bitcoin is getting attention from mainstream media, but not like this. Brandolini’s Law says it takes ten times the effort to correct misinformation as it does to produce it. If that pattern continues, the cost of fixing the damage will be enormous and the policy mistakes even more so. Read the full article: https://www.ft.com/content/8a160bd3-c96d-468a-8052-b0aae43e5aea
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Susie 1 year ago
We are throwing away clean energy while bills keep rising. Bitcoin mining can be a 24/7 buyer of last resort, turning wasted power into revenue, stabilising the grid and lowering bills without taxpayer subsidies. We’ve told the government and National Grid’s Future Energy Scenarios team. They aren’t listening. Read our paper on Bitcoin Mining as a Demand Side Flexible Response: https://img1.wsimg.com/blobby/go/aea8e937-fd18-400f-afd9-c3513112c757/downloads/d3850229-208c-4385-9b86-2e82fd55cc6c/UK%20Power%20Grid%20Bitcoin%20Mining%20as%20a%20Demand%20Side%20.pdf image
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Susie 1 year ago
Back from Baltic Honeybadger and feeling more inspired than ever. I moderated the State & Bitcoin panel and spent time with brilliant builders and educators tackling real problems and turning them into practical solutions. What struck me most is that we are all championing bitcoin in our own ways yet united in purpose. If you want signal you will find it at Baltic Honeybadger. @Hodl Hodl ⚡️
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Susie 1 year ago
When did criticising policy make you a target of the state? Why is a secret government unit policing public opinion? What exactly is happening behind the scenes in government? A secretive government unit, empowered by the Online Safety Act, is quietly flagging and suppressing online criticism of immigration policy. It operates behind closed doors. It is unelected. It is unaccountable. And it is being used to control the narrative under the guise of safety. A front page Telegraph exposé, titled "Exposed: Labour’s plot to silence migrant hotel critics"reveals disturbing details . https://www.telegraph.co.uk/news/2025/07/31/exposed-labour-plot-silence-migrant-hotel-critics/ The article uncovers that a secretive Whitehall unit called NSOIT (the National Security and Online Information Team), formerly known as the Counter Disinformation Unit, has been used by Labour ministers in the Department for Science, Innovation and Technology (DSIT) to flag and monitor social media posts that criticised migrant hotels, asylum seekers, or raised concerns about “two-tier policing.” According to internal government emails dated August 3 - 4, 2024, during the peak of the Southport riots, officials actively flagged posts with “concerning narratives,” warning that they might inflame public tensions. These posts were then forwarded to platforms like TikTok, many of them labelled as urgent, despite simply reporting factual information such as hotel locations or referring to asylum seekers as “undocumented fighting-age males”. One flagged example involved a user sharing a Freedom of Information (FOI) rejection letter regarding migrant hotel sites. Another was a video captioned “Looks like Islamabad but it’s Manchester,” flagged for fuelling racial stereotypes, yet still not unlawful under current speech laws. Although the government insists it did not request content removals, civil liberties advocates, including Big Brother Watch and the Free Speech Union, argue that this behaviour amounts to censorship of lawful dissent, carried out by unelected officials with no statutory oversight, using the infrastructure created by the Online Safety Act. This has the fingerprints of the 77th Brigade all over it, covert monitoring, narrative control, and a quiet war on the public's right to speak freely. This is not safety. It’s censorship and control.
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Susie 1 year ago
The newly released White House Digital Assets Report represents a clear policy shift. For the first time, Bitcoin is treated as something distinct, quoted, cited, and understood on its own terms. Satoshi is referenced, the whitepaper is cited, and Bitcoin is positioned as the foundation of the digital asset ecosystem. The report outlines Bitcoin’s peer-to-peer structure, its operation without intermediaries, and its role in financial innovation. It goes further than past U.S. publications in explaining what sets Bitcoin apart from the wider crypto sector. It also mentions the Strategic Bitcoin Reserve. While details remain limited, the fact that Bitcoin is being considered a strategic asset, separate from other digital assets, insicates a clear shift in policy tone. For Bitcoiners, this is progress. The framing is more deliberate. The tone is more respectful. And the message is clear: Bitcoin is being taken seriously. The groundwork is laid. What matters now is whether policymakers engage with Bitcoin on its own terms and begin treating it as a serious strategic asset. Meanwhile, in the UK, spot Bitcoin ETFs remain unavailable, and Economic Secretary Emma Reynolds has dismissed the idea of a national Bitcoin reserve: “We don’t believe that’s the right approach for our market… that’s not the path we plan to take.” They say when the U.S. acts, the rest of the world follows. Let’s hope that’s true for the UK, because Bitcoin offers the kind of hope we badly need in a dysfunctional, collapsing system. Read the report here:
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Susie 1 year ago
The Bank of England and Treasury are costing UK taxpayers eye-watering sums, quietly burning through over £85 billion with £130 billion more on the way. No debate. No scrutiny. Just a stealth bailout of bad bond bets, and we’re footing the bill. The Bank of England is offloading government bonds (gilts) bought during QE instead of holding them to maturity. With gilt prices down, every sale locks in a loss. These losses will soon overtake annual debt interest payments, which are already nearing record highs. These sales flood the market and drive yields up, raising the UK’s borrowing costs. https://www.reuters.com/world/uk/bank-england-poised-slow-qt-after-rise-yields-2025-07-28/ Analysts estimate that simply letting bonds mature instead could save £10–13 billion per year. https://www.ft.com/content/45a441c9-26e0-4de3-b985-faafc5968a49… Though framed as monetary policy, the Bank’s actions have major fiscal consequences. Losses are indemnified by the Treasury, meaning taxpayers cover the bill, with minimal parliamentary scrutiny. They call it monetary policy. What it looks like is economic vandalism rubber stamped in Westminster. This deserves real scrutiny. Where is Parliament? Image credit: @npub14l4e...gh50 image
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Susie 1 year ago
Trump tells Starmer to axe inheritance tax on farms. But the cracks run deeper: soaring debt, collapsing margins, rural land being sold off. Bitcoin is a practical lifeline for farmers. See my Forbes article on the Westminster farmers’ protest, where I explain how Bitcoin can build financial resilience, support rural livelihoods, and restore independence. https://www.forbes.com/sites/digital-assets/2024/11/20/bitcoin-offers-a-solution-to-the-global-farming-and-economic-crisis/
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Susie 1 year ago
“I do find this all fascinating. I don't think we have heard the last of it. This is gonna be the thing of the future!” - Ali Miraj, LBC Today I joined Ali on LBC to talk about Bitcoin including the GENIUS Act, Elizabeth Warren’s concerns, and growing interest from pension funds.
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Susie 1 year ago
Trump plans to open Bitcoin access to American pensions, unlocking a $9 trillion pool of capital. Just 1% = $90 billion. Then when you look at global AUM which is around $115 trillion you start to see the scale of where this could go. Larry Fink said that 2–5% allocations from sovereign and institutional funds could potentially push Bitcoin to $700K+. Everything’s bleeding into Bitcoin, pensions, ETFs, corporates, even countries. But in the UK? We still can’t buy a spot Bitcoin ETF. And financial advisors still can’t recommend it. 🤨 https://www.ft.com/content/07906211-5ab8-4917-bcad-5397c0bc3170
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Susie 1 year ago
Two years ago, I warned in City AM that the UK's Online Safety Bill risked undermining privacy and paving the way for government overreach into our digital lives. Today, that concern feels more urgent than ever. Last month, the EU Commission released its ProtectEU roadmap, outlining plans to provide law enforcement with access to encrypted data by 2030. This is not about targeting specific suspects. It is about building the legal and technical infrastructure for mass surveillance. Big Brother Watch have revealed that live facial recognition systems deployed in UK cities are wrong nearly 9 out of 10 times, scanning innocent people without their knowledge or consent. This is already happening in our streets, at stations, even at protests. Now imagine that biometric surveillance linked to a centralised digital currency. Imagine every payment, location, contact and movement tracked, stored and correlated. This is not theoretical. We risk building a society where privacy is gone, autonomy is restricted, and control is centralised in the name of convenience and safety. The combination of decrypted messaging, facial recognition, CBDCs, and mandatory ID checks and full KYC creates a full spectrum surveillance regime. A system where dissent is not crushed by force, but quietly discouraged through constant surveillance. What’s at stake is freedom of thought, movement and expression. We should be defending them, not trading them for the illusion of safety. Once this infrastructure is in place, it is rarely rolled back.
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Susie 1 year ago
Big Brother Watch has repeatedly warned that the UK is quietly creeping into a surveillance state. Live facial recognition is being deployed across streets, train stations, shopping centres and even at public protests. But this technology is not just targeting criminals. It is scanning millions of innocent people without their knowledge or consent. False alarms with real consequences Studies show that the vast majority of facial recognition matches are false. According to Big Brother Watch, in 80 deployments across the UK, 89.7% of alerts were false positives. In London alone, 150 out of 173 matches by the Metropolitan Police were incorrect, resulting in an error rate of nearly 87%. In some cases, people were stopped, searched or fingerprinted as a result. These mistakes are not harmless. They are invasive, humiliating and difficult to challenge. https://bigbrotherwatch.org.uk/wp-content/uploads/2023/05/Biometric-Britain.pdf It is all connected Facial images from passports, CCTV, phones and even social media are increasingly fed into large government and private databases. Big Brother Watch has raised concerns that a digital pound or central bank digital currency would allow the state to track every payment in real time. Combined with facial recognition and phone surveillance, this creates a fullmap of your movements, your spending and your associations. Your phone is not private Every step we take with a smartphone in our pocket feeds data to corporations and authorities. Location, biometrics, browsing history and more. If that is tied to payment systems and real time identity scanning, we move closer to a system where everything we do can be watched, recorded and judged. Know Your Customer (KYC) rules are already mandating identity checks for basic services. This is not theoretical. It is happening now. Where does this lead? The future we are heading toward is one of forced compliance. A world in which you are monitored constantly. In which you are guilty until proven innocent. In which dissent is quietly suppressed by the knowledge that you are being watched. We are at a turning point If we do not push back, we risk building a society where privacy is gone, autonomy is restricted, and control is centralised in the name of convenience and safety. This goes far beyond retail surveillance. It marks the steady build up of a digital infrastructure designed for monitoring and control. It's 1984 George Orwell warned of a future where every move was watched, every word monitored, and every thought shaped by fear. But even he did not imagine a world where your money could be used to control you. With facial recognition and CBDCs combined, we are building something even more invasive than Orwell foresaw, a system where surveillance is not just constant but transactional, embedded into the very fabric of daily life. When every face is scanned, every step tracked, and every payment recorded, we are not living freely. We are living under watch. Thank you to Big Brother Watch for continuing to shine a light on these issues and holding power to account.
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Susie 1 year ago
Russia’s new ruble backed stablecoin A7A5 has quietly moved more than $9.3 billion in just four months. It is being used to convert rubles into USDT, bypassing Western sanctions via offshore rails. It’s an expected workaround. In my 2023 article for City A.M., Can BRICS build something with Bitcoin? I discussed whether countries like Russia, China, and Brazil might one day adopt a neutral, open monetary standard rather than trying to replicate fiat in new digital forms. A7A5 shows the BRICS bloc is exploring alternatives to the dollar. But it is not building on openness, neutrality, or long-term resilience. Bitcoin is all of those things. A7A5 is a centralised digital IOU, processed through intermediaries. This is not true de-dollarisation. It is a centralised workaround that functions like a CBDC in disguise, without transparency or trustlessness. So why does it matter? Because Russia has already signalled interest in using Bitcoin for cross-border trade. Finance Minister Anton Siluanov confirmed in December 2024 that Russia is using Bitcoin in foreign transactions. Putin has said crypto has “a right to exist” and could be useful for settlements. A7A5 might not just be a workaround. It could be a stepping stone. By normalising crypto-based trade and softening public resistance, Russia may be laying the groundwork for broader adoption of digital assets - including Bitcoin. The real solution does not require back doors. How long before Russia is using bitcoin? Full article: image
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