UK money expert says country is facing worst cost of living crisis he has ever seen - Protect yourself with Bitcoin

Just looking at the rising cost of energy over the next year, UK consumers are facing the nightmarish prospect of energy bills conservatively going up around another £1300. The sound money that is Bitcoin can help householders to maintain their wealth.

On the BBC program, Sunday Morning, with papers, politics, and culture, Martin Lewis, dubbed the Money Expert, spelt out the impending cost of living crisis for UK homeowners, saying that he was “virtually out of tools to help people now”.

Lewis did not mince his words, and said that around 10 million UK citizens would be in “fuel poverty”, that food banks would be oversubscribed, and that debt crisis agencies would have no tools with which to help.

He added:

“When you start to have absolute poverty, which is what we are going to be talking about with this, when you start to have panic, and a nihilistic feeling of the future, when our charity services start to be swamped… then I think you have to get to the point where you have to question what the impact on wider society is, because you know that extreme poverty causes civil unrest.”

Simon Dixon, billionaire CEO of Bank to the Future, retweeted the BBC Politics post, adding:

“The correct advice was to save in Bitcoin - that was the missing tool, and still is for me.”

Opinion

The vast majority of UK citizens would not have any idea about how the debt-based fiat monetary system has been stripping away their purchasing power over many decades. The world’s mainstream media has seen to that.

The media has also muddied the waters over the absolutely essential necessity to hold Bitcoin, and other sound monies such as gold and silver. These assets will retain their value - fiat currencies such as the pound are destined to head towards zero.

The UK people, as well as citizens from all countries across the world, need to wake up and start repositioning their wealth. There is still time to be on the right side of the largest wealth transfer in the history of the world.

Disclaimer: This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.