Something interesting is happening in the UK’s political scene that many people are probably not following. Kwasi Kwarteng, that chancellor who lasted only weeks in 2022, is now fully immersed in bitcoin and tesorería digital. And it doesn’t seem to be a casual position; it looks like he’s genuinely thinking about this long-term.

Remember that mini-presupuesto that was a total disaster in septiembre del 2022? Kwarteng has just reflected on it in an interview. He was blunt: “literally two weeks after taking office, it was all very, very rushed.” Between taking office on September 6 and the death of Queen Elizabeth two days later, there was hardly any room to think. The result was chaotic: bond yields skyrocketed, and it laid bare the crisis de pensiones LDI del Reino Unido.

But what’s interesting is that Kwarteng is still defending the logic behind it. He says the UK is trapped in a vicious fiscal loop: it spends more than it brings in through taxes. And he criticizes something I also notice in the markets: everything is quarterly—euphoria or panic. Nobody thinks long-term.

That long-term vision is exactly what led him to bitcoin. While he was in office, he noticed that the Tesoro and the Bank of England know about bitcoin, but they still view it as something “incredibly small.” Kwarteng also observed that there’s a cultural gap between the UK and Europe, where cities like Paris move faster on digital assets.

Now he is the CEO of Stack BTC, a British bitcoin tesorería firm. The company has 31 BTC on its balance sheet. And here comes the juicy part: Nigel Farage, leader of Reform UK, has just taken a 6% stake. That says a lot about where British politics is looking.

For Kwarteng, this move represents a shift from reactive politics toward what he sees as a more resilient monetary future. He also rejects criticism from other politicians who call Bitcoin a “Ponzi scheme,” arguing for a more open view of emerging forms of money.

What catches my attention is that someone who was at the top of the UK’s fiscal power structure is now betting that bitcoin and long-term economic thinking are the answer. That’s a pretty significant narrative shift in British politics that we’ll likely see develop over the next few years.