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Topic: [2016-06-25] BS: Bitcoin buyers seek haven from British pound (Read 891 times)

sr. member
Activity: 499
Merit: 250
Yes for Great Britain peoples can buy a bitcoin for a safe and secure the pound price also decrease for 30year low vs USD ..
legendary
Activity: 1358
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Bitcoin buyers seek haven from British pound

http://www.business-standard.com/article/international/bitcoin-buyers-seek-haven-from-british-pound-116062500817_1.html

Demand surged for bitcoin as a safe haven from the British pound, which plummeted after the UK voted to leave the European Union.

The pound fell to its lowest in more than 30 years, driving demand for assets such as US Treasuries and gold. Stocks and bonds also fell, amid concerns that the UK's exit from the European Union could hurt the world's economy. Bitcoin, a digital currency unconnected to any government or central bank, is often sought as a haven by holders of currencies that are declining, or that are not fully convertible, such as Chinese renminbi.

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