I’m not sure how true this is, but from what I was told, the insult dates back to one of medieval, or earlier wars, between the British and the French. Instead of out right killing the captured, they would send them back to their respective camps missing the index, and middel finger. So not only an injured solider, but a useless solider because they can no longer fire their bow and arrow or crossbow. To rub it in the released prisoner the camp would wave their index and middle finger, or just the one
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