Bitcoin is Scarce, Secure and Impossible to Inflate Away

Nigel Farage is the UK politician that led Brexit and is now pushing for Bitcoin reforms in the UK.

Writing in the London financial newspaper CityAM, Farage criticized a proposed (recently watered down) Bank of England cap on dollar-pegged stablecoins for individuals and promised to "slash capital gains tax on cryptoassets such as bitcoin from 24% to 10%."

- "We will also create a bitcoin digital reserve at the Bank of England," Farage wrote. "Bitcoin is scarce, secure and impossible to inflate away. Unlike paper money, bitcoin cannot be printed into worthlessness. Every transaction is permanent, every token verifiable. It is liquid, divisible, global and unstoppable. It is the ultimate store of value for the digital age."

— Nigel Farage

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