#BitcoinKeyZone The Bank of England intends to hide the names of any insurance companies, pension funds or hedge funds that receive aid under a new scheme it has set up. The Bloomberg headline includes terms like “shadow banks”, “new Bank of England tool” and “secret”, and the Bank of England is not willing to throw “nothing to see here, move on” at the public. Why does this matter to Bitcoin? Same old story. These “highly respected bankers and expertise” do not have magic tricks, although they would like you to believe they do. A bailout of some kind is more or less the only tool they have. The Bank of England or the Federal Reserve is the choice between a deflationary collapse (civil unrest, war, mass starvation, etc.) or trying to “inflate our way out of it”. All of this is very positive for Bitcoin in the long term for those who are patient.
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