July 19, 2024

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This is an opinion editorial by Bitcoms, a Bitcoiner and contributor to Bitcoin Magazine.

Isle of Man United Kingdom

Source: Google Maps

The British Backdrop

Just days after the anachronistic spectacle of the Queen’s funeral — a bizarre echo of Britain’s long-lost imperial might — the pound sterling fell to an all-time dollar low. A few years before Elizabeth II was crowned, a pound was worth more than $4. Shortly after she was buried, a quid barely bought a buck.



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