Former British Prime Minister Truss warns of weakening economy: Bitcoin can hedge against systemic risks and combat currency devaluation.

PANews reported on April 18 that, according to CoinDesk, former British Prime Minister Truss stated that the British economy is on a "very negative trajectory," attributing the problem to currency devaluation and the lack of a "sound monetary system," while also expressing interest in and support for Bitcoin.

Truss pointed out that prolonged inflation and monetary expansion have eroded the value of the pound, stating that these issues lack sufficient discussion within the government and academia, and have even become "taboo topics." She believes that Bitcoin can serve as a tool to combat currency devaluation and excessive centralized control. She also criticized the current high taxes, stringent regulations, and energy costs that stifle business activity, claiming that Britain is "rapidly becoming poorer." Regarding the "mini-budget" that triggered market turmoil during her tenure, Truss argued that it exposed potential vulnerabilities in the financial system, rather than being the root cause of the problem.

Since stepping down as British Prime Minister, Truss has been pushing for initiatives including CPAC UK to rally supporters of "sovereignty and freedom" and has stressed that Britain faces a choice between "change or decline."

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Author: PA一线

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