Former UK PM sees economy on 'very negative trajectory,' backs bitcoin

A former United Kingdom prime minister described the UK economy as being on a 'very negative trajectory' in a podcast appearance, and indicated broader support for Bitcoin as an alternative store of value, CoinDesk reports. The former PM — whose identity CoinDesk confirms but does not highlight in the headline — pointed to persistent inflation and stagnating productivity as the core drivers. The piece is notable for being one of the first times a former G7 head of government has publicly positioned Bitcoin not as speculation but as a hedge against sovereign monetary policy failure.