Former UK PM: "Bitcoin, the ultimate weapon to shake banks"

▲ Bitcoin (BTC)

Former British Prime Minister Liz Truss has branded Bitcoin (BTC) as the 'ultimate weapon' against central bank control, launching a direct criticism of monetary policy as a whole.

Former Prime Minister Truss recently evaluated Bitcoin not merely as an investment asset, but as a means to counter currency depreciation and centralized control. She pointed to the decline in currency value and the failure of monetary policy as the reasons for the prolonged stagnation of the British economy.

Truss stated that “many problems stem from the debasement of currency value,” emphasizing that inflation and an expanded money supply led to the weakening of the pound. She further pointed out that serious discussions about monetary policy have disappeared from government and academia, and the topic is treated as a taboo.

In particular, she argued that the current financial system is designed to strengthen centralized control through regulations and taxes. She criticized that such a structure limits individual financial freedom and diminishes economic vitality, presenting Bitcoin as a key alternative to counter it.

Former Prime Minister Truss assessed that the British economy has entered a “very negative trajectory,” diagnosing that low growth rates, high taxes, increased regulation, and rising energy costs are simultaneously weakening business activity and labor motivation. She warned that such an environment could lead to long-term economic decline.

She also emphasized that Bitcoin can simultaneously curb currency depreciation and state-centric financial control, making it clear that digital assets are emerging as an alternative axis to the existing financial order.

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