Coinbase has released a satirical video targeting the UK's financial landscape, coinciding with reports of rising financial distress in the nation. Titled "Everything is fine," the video contrasts upbeat music and lyrics about the UK’s financial health with stark visuals of inflation, poverty, and debt, highlighting the disparity between official narratives and reality. It opens with lines like, "We ain’t got no troubles," while showcasing scenes of dilapidated homes and struggling individuals. The video humorously addresses soaring prices, noting that fish fingers now cost an exorbitant £100 per meal. Recent data from Fair4All Finance reveals that 20.3 million people, or 44% of UK adults, are in financially precarious situations, a 16% increase since 2022. Contributing factors include unstable incomes and rising debt, with food insecurity also on the rise. The UK’s crypto policy has faced criticism, as analysts argue it has squandered its early advantages in the sector, falling behind the EU and the US.
