BREXIT referendum is tomorrow! How will it affect bitcoin?

Citizens of United Kingdom on June 23 will have to answer one of the hardest questions in UK history: “Should the United Kingdom remain a member of the European Union or leave the European Union?”. Referendum on continued British membership in the European Union is the result of the promise made in 2013 by Prime Minister David Cameron. He announced that if Conservative Party will win elections in 2015, British will be able to share their voice.

Great Britain is the second largest economy in the European Union, the third member in terms of population, the third largest contributor to the EU budget and one of the two EU members which have their own nuclear weapon. Report by  Ernst & Young and HM Treasury shows that UK Fintech sector generated £6.6 billions in 2015.

According to the YouGov poll for The Times, “Leave” held 46 percent support compared with 39 percent support for “Remain.” Undecided voters were 11 percent, while 4 percent won’t vote.

What are the consequences of “Leave” and how it can affect Bitcoin?

Biggest long term consequence is that it would be a precedent that could lead to disintegration of EU in the future. Some specialists say that Brexit can cause economic problems in EU and big chaos in todays financial world. If yes, I hope people will look for other forms of investments than Pound and Euro and move their savings to gold and specially Bitcoins. I do not want to speculate what will be the price of Bitcoin after referendum, but we can’t be indifferent about the voice of British.

brexit_flag_cover_image

The post BREXIT referendum is tomorrow! How will it affect bitcoin? appeared first on Bitcoin Garden.

Komentar

Posting Komentar

Postingan populer dari blog ini

Transformation of education in post-industrial society

Gambar
Education has always been an expensive privilege; and the education sector has always been one of the most conservative. People chose profession once in their life and did not change it until retirement. Usually education meant studying at a university; self-taught people were rare. However, in the post-industrial society changes in the shape, sense and affordability of education finally began. According to Alvin Toffler, a well-known US sociologist, the emergence of the post-industrial society is a consequence of the intellectual revolution. The possession of knowledge and information will replace financial capital as the biggest value. Development of innovations, empowered by the most educated, will become the most important sector of economy. It means that high-quality affordable education will become even more important than now. The last time when the global education experienced a serious transformation was at the very beginning of the 21st century when the wide access to the I
Baca selengkapnya

Blockchain Supply Chain Forum will be held on January 10th in Hong Kong

Gambar
The concept of a blockchain – a distributed, tamper-proof and time-stamped database of transactions that can be managed without intermediaries – is highly attractive in the supply chain domain, and the industry has launched a number of proof-of-concept initiatives. However, awareness of how blockchains work and what they can accomplish for supply chain is still relatively low. The lack of knowledge is exacerbated by the fast pace at which the technology is evolving. A success Blockchain Supply Chain Forum was held on October 24th in Shanghai, professional blockchain organizer EventLinker and Global Supply Chain Council will organize the Blockchain Supply Chain Forum on January 10th in Hong Kong, it is the forum connecting blockchain experts, supply chain and logistics decision makers and tech innovators. This intimate gathering will explore how companies are investigating the use and deployment of the technology to help their supply chains in China. Organizer: EventLinker EventLin
Baca selengkapnya

After GDPR effect? In A Post Cookie World, Blockchain Is Rising

Gambar
The European General Data Protection Regulation (GDPR) was rolled out in May this year. It introduced far-reaching implications for companies which process personal data related to EU citizens. Even those far outside the EU could not fail to notice this change. Email inboxes were overflowing with opt-out reminders. Cookie banners now obscure many websites, forcing users to agree to a privacy policy so that they can browse the content on the site. Although the GDPR document itself clocks in at 88 pages, the majority of what it covers can be summed up in one word — consent. If companies are processing personal data, it must be done with the explicit, informed consent of the individual. For some forms of marketing, such as email subscriber lists, this involved minimal changes. Individuals already have to take the active step of providing their email addresses, and usually it is pretty clear why they are asked to do so. However, for the digital advertising industry, consent is far less
Baca selengkapnya