Rick 🇬🇧

Family first. Preparing for early retirement. Multiple rabbit holes… $BTC, $MSTR, $SWC

[Rick 🇬🇧 @rick_mig]

@PeterMcCormack @100trillionUSD This has to be one of my all time favourite episodes @PeterMcCormack. Will definitely give it a second listen, just to make sure every single word sinks in even further into my crypto mind 👍🏻👍🏻 @nick_dng @DANGE365

[Rick 🇬🇧 @rick_mig]

@saylor Hmmm….is this a new Preferred? Strengthening (STRT) perhaps?

[Rick 🇬🇧 @rick_mig]

@isabellasg3 Sat White

[Rick 🇬🇧 @rick_mig]

I’ve been trying to reach Norse Atlantic Airways about a complaint since May with no response. Attempts to tag them directly on X are being blocked. Is there another way to reach customer service?

[Rick 🇬🇧 @rick_mig]

@flynorse I submitted a customer complaint on 16 May 2025 and have had no response despite follow-ups. I've also tried escalating via email with no success. Can someone from your team please assist or advise how to get a resolution?

[Rick 🇬🇧 @rick_mig]

@flynorse I submitted a customer complaint on 16 May 2025 and have had no response despite multiple follow-ups. I've also tried escalating via email with no success. Can someone from your team please assist or advise how to get a resolution?

[Rick 🇬🇧 @rick_mig]

@PunterJeff The magical numero '21' strikes again.

[Rick 🇬🇧 @rick_mig]

You know what to do folks. Let’s get this trending.

[Dominic Frisby @DominicFrisby]

You Would Be The Chancellor That Sold The Bitcoin

Another open letter to @RachelReevesMP

Dear Chancellor,

Me again.

I am the author of Bitcoin: The Future of Money? (2014), generally agreed to the first book on bitcoin from a recognised publisher.

I write with regard to the proposed sale of the UK’s bitcoin.

Since bitcoin was first introduced in 2009 - invented in reaction to the loose monetary policies of the Global Financial Crisis - bank bail outs, quantitative easing, zero interest policies etc - and the economic injustices they created, the protocol has grown from nothing to a market cap above $2 trillion.

A whole new economy has emerged around the technology where none previously existed, providing countless opportunities for individuals, entrepreneurs and nations alike.

Initially the domain of a few coders, it is now finding mass adoption at the corporate and even national level. The US is recognizing the digital asset’s importance, as it introduces its Strategic Bitcoin Reserve, while China, according to estimates, holds 190,000 coins.

Initially, the UK was at the heart of the Bitcoin story. Satoshi Nakamoto, the pseudonymous inventor, wrote in British English, cited UK media, and many early meetups and conferences took place here. Chancellors George Osborne and Rishi Sunak both expressed their desire for the UK to become a global hub for this emerging technology. But the FCA took an opposing view and made it increasingly difficult for UK citizens to participate, so that we have now fallen behind.

Opinion about bitcoin is divided. Those who use the technology regularly believe it is not just likely, but inevitable, that it will become the world’s dominant monetary network. Many others – typically the older generation, economists or legacy finance – dismiss it as a bubble, often without having tested the tech in any meaningful way.

Whichever side of the debate you fall on, the fact that Bitcoin has become the most desired digital asset in the world is indisputable.

Among the many features that make bitcoin unique is that its supply is finite. With its estimated 61,000 confiscated bitcoins, the UK has been gifted an extraordinary opportunity. We now hold roughly 3% of total supply.

I understand that politics demands a focus on the short term – the next Budget, the next election – but I urge you to approach your decision with long-term vision. Please consult with people who regularly use the technology. Do not make this decision based solely on advice from people who never use bitcoin.

Take Bulgaria, for example. In 2017, it sold all of its seized bitcoin to cover a short-term budget gap. Those coins today would be worth enough to eliminate the country’s entire national debt.

From a strategic perspective, the UK’s bitcoin holdings represent a once-in-a-generation opportunity. As fiat currencies decline in purchasing power and the global economy moves toward digital and AI-driven systems, this asset could help Britain re-establish itself as an economic superpower with significant geopolitical leverage and monetary independence.
An opportunity of this kind is not to be thrown away lightly.
Once those coins are sold, we will never be able to buy them back.

If bitcoin becomes a hundred trillion dollar network – as some project – the UK's share could prove transformational. That may sound fanciful today, but every surprise in bitcoin’s history has been to the upside.

There is also your personal political legacy to consider.

You would be the Chancellor who sold Britain’s bitcoin.

That will be how people remember you – just as Gordon Brown, for all else he did, is remembered primarily for needlessly selling Britain’s gold at the bottom of the market.

For the rest of your life, every time bitcoin rises in price, people will look at what you sold our coins for and say: “This is how much she lost us.” You are consigning yourself to that fate.

Do you want that to be your legacy?

[Rick 🇬🇧 @rick_mig]

Everyone who cares about Bitcoin and the economy in the UK needs to see this. Jordan’s done the hard work so let’s do our part and get this circulating far and wide. Retweet and comment folks.

[Jordan Walker @JayW132]

An Open Letter to the UK Government🇬🇧

To Whom It May Concern,

I write with concern regarding reports that the UK Government is considering selling the Bitcoin it holds from criminal seizures. As a 28-year-old Brit who has spent my 20s building a business to educate individuals and companies about Bitcoin, I believe this decision warrants careful reflection.

In 2022, I hosted the UK’s first major Bitcoin conference in Edinburgh, welcoming speakers like Dr. Lisa Cameron, former Chair of the Crypto and Digital Assets All-Party Parliamentary Group, alongside institutions like Fidelity and Coutts Bank. Our mission is to advance constructive dialogue about Bitcoin’s potential, not as speculators, but as educators.

At a time when sovereign wealth funds, asset managers, and nations are accumulating Bitcoin, selling these holdings to address a short-term budget deficit would send a concerning signal. It risks repeating the missed opportunity of Gordon Brown’s gold sales in the early 2000s, with long-term consequences for the UK’s economic positioning.

Bitcoin is not just another cryptocurrency. It’s a technological breakthrough, akin to the internet or the printing press. While its volatility and regulatory challenges are concerns for many, major players like BlackRock, whose ETF became the fastest to reach $80 billion in assets under management, recognise its generational potential.

This is a pivotal moment. Do we sell a transformative asset for short-term gain, or do we reflect on its role in the UK’s future?

Having engaged with the Scottish Government for years, I’d welcome the chance to discuss this with any UK department, MP, or official. If there’s interest, I’d be glad to host a briefing or roundtable to share what I and others in this space have learned.

Let’s not be the nation that sold because we didn’t take the time to understand what we held.

Sincerely,

Jordan Walker
Founder, @BitcoinColl

[Jordan Walker @JayW132]

An Open Letter to the UK Government���🇧

To Whom It May Concern,

I write with concern regarding reports that the UK Government is considering selling the Bitcoin it holds from criminal seizures. As a 28-year-old Brit who has spent my 20s building a business to educate individuals and companies about Bitcoin, I believe this decision warrants careful reflection.

In 2022, I hosted the UK’s first major Bitcoin conference in Edinburgh, welcoming speakers like Dr. Lisa Cameron, former Chair of the Crypto and Digital Assets All-Party Parliamentary Group, alongside institutions like Fidelity and Coutts Bank. Our mission is to advance constructive dialogue about Bitcoin’s potential, not as speculators, but as educators.

At a time when sovereign wealth funds, asset managers, and nations are accumulating Bitcoin, selling these holdings to address a short-term budget deficit would send a concerning signal. It risks repeating the missed opportunity of Gordon Brown’s gold sales in the early 2000s, with long-term consequences for the UK’s economic positioning.

Bitcoin is not just another cryptocurrency. It’s a technological breakthrough, akin to the internet or the printing press. While its volatility and regulatory challenges are concerns for many, major players like BlackRock, whose ETF became the fastest to reach $80 billion in assets under management, recognise its generational potential.

This is a pivotal moment. Do we sell a transformative asset for short-term gain, or do we reflect on its role in the UK’s future?

Having engaged with the Scottish Government for years, I’d welcome the chance to discuss this with any UK department, MP, or official. If there’s interest, I’d be glad to host a briefing or roundtable to share what I and others in this space have learned.

Let’s not be the nation that sold because we didn’t take the time to understand what we held.

Sincerely,

Jordan Walker
Founder, @BitcoinColl

[Rick 🇬🇧 @rick_mig]

@LizardWizardBTC @saylor Many congratulations Radu! I haven’t looked back since doing similar, not long before Strategy World / True North 25!

[Rick 🇬🇧 @rick_mig]

@future_jtech @Hector_McNeil I’d like to know the answer to this too. Is HanETF considering adding other YieldMax products?

[Rick 🇬🇧 @rick_mig]

@smarterwebuk #SWC & @asjwebley dropping some powerful BTC treasury metrics 🚀🚀

[Rick 🇬🇧 @rick_mig]

@ZynxBTC Thanks for pointing out such an understated but important metric.

[Rick 🇬🇧 @rick_mig]

@OrgasmicCry @ZynxBTC Very interesting. Thanks for that!

[Rick 🇬🇧 @rick_mig]

@JamesRose21m @ZynxBTC The point @ZynxBTC was making is that apart from the 15% withholding tax for US-dividend stocks, there are no other taxes that would apply if held within an ISA. You don’t pay UK dividend tax (or any other kind of tax) on ISA’s.

[Rick 🇬🇧 @rick_mig]

@OrgasmicCry @ZynxBTC Did HL explain why there’s no FX fee for $STRF dividends? Are you able to share the document? Makes a big difference if there are definitely no FX fees 👍🏻

[Rick 🇬🇧 @rick_mig]

@ZynxBTC Much appreciated Zynx 👍🏻

[Rick 🇬🇧 @rick_mig]

@2147mill How much are these yielding in percentage terms and what frequency please?

[Rick 🇬🇧 @rick_mig]

@ZynxBTC I’d buy this all day! Bring it @asjwebley

[Rick 🇬🇧 @rick_mig]

@N7MAB27333 @_Webistics @ZynxBTC I agree, same for me. I was interested initially but the additional 30% tax makes it a no-go for me. Hopefully one day they’ll get approval for a UCITS compliant ETC domiciled in Ireland.