God save our gracious coin, long live the coin. A team of entrepreneurs, environmentalists and Bitcoin (BTC) advocates have assembled to back Bitcoin in Britain.
The Bitcoin Policy U.K. (BPUK) unites stakeholders, policymakers, environmentalists, tax specialists, Bitcoin experts and miners to “Unlock the potential of Bitcoin” in Britain, and explore how the decentralized currency’s burgeoning industry could benefit U.K. households, businesses, and communities.
The BPUK’s primary objectives are to drive investment, both generate and prepare students for the Bitcoin jobs of the future, raise awareness and education, while also exploring the use of wasted and stranded energy resources for Bitcoin mining.
Head of policy, Freddie New, told Cointelegraph that “The genesis of this project was the Bitcoin Collective Conference in Edinburgh.” The Bitcoin Collective conference was the U.K.’s largest Bitcoin conference, taking place in the autumn 2022.
New told Cointelegraph via email that most of the team had been working on Bitcoin advocacy in one way or another before the conference, “But coming together like this will enable us to formalize these efforts and focus on three key related areas.” He continued:
“Getting clear and correct information on Bitcoin to policymakers and regulators, highlighting the environmental and sustainability benefits of the mining industry, and collating and providing educational resources for the next generation of Bitcoiners.”
Some of the advisers and board members are familiar to Cointelegraph readers. Author and journalist DecentraSuze, whose son recently introduced Bitcoin to the classroom, is a director, while Jordan Walker, co-founder of the UK Bitcoin Collective, and Mark Morton are advisers. Morton’s Bitcoin mining company, Scilling Digital Mining, was featured in a recent Cointelegraph mini-documentary:
Walker told Cointelegraph that the BPUK is an important piece of the collective puzzle to drive Bitcoin education in the U.K.:
“It’s time for the UK to step up when it comes to embracing new technologies such as Bitcoin otherwise we risk getting left behind.”
New told Cointelegraph that the BPUK is not-for-profit. To operate, it hopes to raise funds through the community, tapping into the growing trend of
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