Public Petition Against Digital ID Cards Gains Momentum as Bitcoin's Role Debated
A public petition opposing digital ID cards has garnered over 2.7 million signatures, making it one of the largest petitions in parliamentary history. Meanwhile, concerns about digital identity systems and the bitcoin price have been raised by experts and civil liberties groups.
James Dewar, an accountant and Partner at Bridge to Bitcoin, expressed worries about the concentration of power in digital ID systems. He is not alone in his concerns. Civil liberties groups, such as Big Brother Watch, warn that these systems could lead to exclusion and mission creep.
In the United Kingdom, the government has so far resisted calls to examine the bitcoin price usd's potential strategic role. Since 2025, no government officials have explicitly addressed the consideration of a strategic bitcoin reserve to strengthen the country's economic position. Emma Reynolds, a former Economic Secretary to the Treasury, even stated that creating a national bitcoin reserve was 'not appropriate' for the UK market. However, Lucy Rigby MP, the current Economic Secretary to the Treasury, described digital assets and identity as part of the UK's strategic infrastructure, indicating a shift in perspective.
Across the pond, President Trump signed an executive order in March 2025 to establish a Strategic bitcoin Reserve in the U.S. Following this, Congress introduced the BITCOIN Act of 2025 to formalise and expand the U.S.'s strategic bitcoin price policies. The UK government, currently the third largest sovereign holder of bitcoin with approximately 61,250 coins, has not yet matched these initiatives.
Last week, Southwark Crown Court confirmed the seizure of bitcoin linked to a Chinese fraud, now worth over £5 billion. This high-profile case underscores the volatility and potential risks associated with bitcoin news.
The public's opposition to digital ID cards, as evidenced by the large petition, and concerns about digital identity systems highlight the need for careful consideration and open dialogue. While the UK government has been hesitant to explore the bitcoin price usd's strategic role, other nations like the U.S. have taken significant steps in this direction. As the value and influence of bitcoin news continue to grow, the UK may need to reassess its stance on the bitcoin price's strategic potential.