This is wild.


There’s now a serious proposal for the Bank Of England to issue EUR-denominated bonds to lower borrowing costs.
But once a country starts borrowing in foreign currency, it becomes dependent on external confidence instead of its own central bank.
No currency sovereignty. No real lender of last resort.
This is what blew up the Pound in 1992.
The case for bitcoin, could not be clearer.
BTC0.17%
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