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Former UK Prime Minister Liz Truss Supports Bitcoin, Opposes CBDC

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Doohyun Hwang
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  • Former UK Prime Minister Liz Truss has expressed her support for Bitcoin and cryptocurrencies.
  • She positively evaluated the reduction of central bank power.
  • She expressed concerns and opposition regarding Central Bank Digital Currencies (CBDCs).
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  • The article was summarized using an artificial intelligence-based language model.
  • Due to the nature of the technology, key content in the text may be excluded or different from the facts.

Image=The Peter McCormack Show YouTubeImage=The Peter McCormack Show YouTube

Former UK Prime Minister Liz Truss has expressed her support for cryptocurrencies and Bitcoin.

On the 9th (local time), Truss appeared on the podcast 'The Peter McCormack Show' and stated, "I like and support Bitcoin and cryptocurrencies. It's positive in that it takes power away from central banks."

She added, "On the contrary, I am very concerned about Central Bank Digital Currencies (CBDCs) because they give too much power to the state," noting, "We know well that it's not good for state power to become too large."

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