Bank of England and UK Parliament get ‘Bitcoin fixes this’ treatment

Blockchain

One crypto user is seemingly taking exception to current monetary policy from the Bank of England, or BoE, and expressing their frustration with a laser projector.

Reported by Twitter user Dominic Frisby, an unknown person projected “Bitcoin fixes this” and other messages on the exterior walls of both the BoE and the Parliament of the United Kingdom on Saturday. The message appeared underneath Big Ben as well as the front of the central bank surrounded by a red box with the artist’s hallmark, and the photo has already been turned into a nonfungible token.

Many financial institutions around the world have struggled to adapt amid restrictions and economic uncertainty brought on by the pandemic since March 2020. The BoE has since purchased billions in government bonds and corporate debt.

It’s unclear why the anonymous Bitcoiner chose to project the message at this particular time. The BoE recently listed seven job postings related to a central bank digital currency, or CBDC, and will be establishing a task force to study its rollout in the U.K. market in collaboration with parliament. However, it seems that at least one person is dissatisfied with the direction of monetary policy in the United Kingdom.

Articles You May Like

Eurozone negotiated wage growth seen accelerating in Q3
Forexlive Americas FX news wrap 22 Nov: US PMI data better than Europe. USD moves higher.
Gold price advances to near two-week high, eyes $2,700 on geopolitical tensions
​Federal Bank, Coforge among 6 small & midcap stocks that hit 52-week highs on Tuesday
Lowe’s beats on earnings and hikes guidance, but still expects sales to fall this year

Leave a Reply

Your email address will not be published. Required fields are marked *