I think the better question is what would make you think it would? (That's an "no" from me).
Also, we have to accept that PR will even go bankrupt. Since so many PR bonds are held by institutional U.S. investors because of the advantageous tax status of them, a PR bankruptcy would create ripples across the U.S. financial system which may not be small. A default may be more likely than a bankruptcy, and a default would create political pressure for some type of bailout. I personally don't think a bankruptcy is likely.
But in any event, bankruptcy or not, I don't expect PR to move the Bitcoin needle at all.
Topic: Upcoming Puerto Rican bankruptcy:Any impact on Bitcoin? - page 2. (Read 1079 times)
It is very likely that Puerto Rico will be officially bankrupt on 1st January 2016.
Does it have any impact on Bitcoin and/or crypto currencies?
What do you think?
Does it have any impact on Bitcoin and/or crypto currencies?
What do you think?
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