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The Guardian - UK
The Guardian - UK
Politics
Henry Dyer

‘The ultimate liberty’: how Nigel Farage became a cryptocurrency convert

Nigel Farage
Nigel Farage has cited his debanking by Coutts and NatWest in 2023 as motivation for his adoption of alternatives currencies. Photograph: Andy Rain/EPA

As Liz Truss prepared to make a U-turn on her mini-budget in October 2022, Nigel Farage discussed the economic instability on his GB News show. But he was not broadcasting from the channel’s studios in Paddington. Instead, Farage was speaking from a bitcoin conference in Amsterdam.

“With inflation forecast to perhaps get up to 20%, with increasing distrust of fiat currencies, people are looking for alternatives … Are you ready for bitcoin?” he said in his opening remarks.

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