As the US takes bold steps to create a Strategic Bitcoin Reserve, and BPI holds events with US Senators, ministers in the UK continue to laugh at Bitcoin and bury their heads in the sand. But the UK holds enough Bitcoin to keep pensioners warm for two full years and cover the entire Winter Fuel Payment until 2027. This is not a laughing matter. Today @Bitcoin Policy UK replied to the latest letter we received from HM Treasury. We set out responses to the criticisms they made in their last letter (also copied below) and continue to offer our time and expertise in helping them to understand this asset and to capitalise on our advantageous position, controlling as we do 61,000 coins. They may continue laughing, and continue ignoring us. But we will not stop doing everything we can to change this.

Replies (3)

Just sit back, stack quietly, or rue that fateful boating accident (🫡), and wait until the wake up. Also, loved hearing from Roger Huang about those coins likely belonging to china, so enjoy your stockpile while you can UKG!
So… “the proceeds of crime might have to be returned and it’s volatile”. Time to just build up a proper reserve like gold. I’d love to see figures on how many MPs hold bitcoin - I think there’s a few now.