Brexit Party Leader Calls Bitcoin “Ultimate Anti-Lockdown Investment”

By Prashant Jha
December 3, 2020 Updated December 3, 2020
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Nigel Farage, the leader of the Brexit Party who has been in the news for protesting government lockdowns in the UK is the latest politician celebrity to bat for bitcoin. Farage also writes a newsletter to his subscribers called “Fortune & Freedom” published by Southbank Investment Research Limited. In his latest edition of the newsletter, Farage has called bitcoin the “ultimate anti-lockdown investment.”

Bitcoin over the past month has seen its price soar by more than $6,000 taking it to near its all-time-high price of $20,000. The top cryptocurrency has catapulted to mainstream media attention because of its price rally and being endorsed by mainstream financial pundits. Many believe that the institutional FOMO is carrying the ongoing bull run and a new ATH is not far away.

The Brexit Party leader also appeared in an interview on Friday with Southbank Investment Research editor Sam Volkering. During the interview Farage when asked about his recent newsletter revealed that he been a little late to the bitcoin party, however, it would not have come as a big surprise since everyone is talking about the top digital currency.

Farage said,

“It’s the subject everyone’s talking about — no they really are! From the poorest to the richest in the land, one of the conversations that are going on is about cryptocurrency. The reason is all too obvious: it’s that government’s are, through this pandemic, creating vast amounts of funny money, debasing currencies, and people are scared about what this means for their money, their investments . . . ”

Farage later also explained that he is no expert on the subject but looking around the kind of people discussing it for sure is going to play an important role in the future. He added,

“I must admit I’ve been a bit lazy on it, but I thought: ‘well I’ve got to really educate myself’, so I got hold of a copy of this Crypto Revolution, published by Southbank, and I read it and I read it, and I’ve been studying and talking about crypto a lot more in the last few months . . . I can’t sit here and tell you that I’m an expert. There is a lot to learn but is it important. Actually, I think it could be crucially important that you get your minds around crypto, and what it means. Already fortunes have been made and lost on this!”

An engineering graduate, Prashant focuses on UK and Indian markets. As a crypto-journalist, his interests lie in blockchain technology adoption across emerging economies.
The presented content may include the personal opinion of the author and is subject to market condition. Do your market research before investing in cryptocurrencies. The author or the publication does not hold any responsibility for your personal financial loss.

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