Post
Topic
Board Bitcoin Discussion
Re: How Brexit will impact bitcoin
by
stompix
on 04/10/2018, 16:27:39 UTC
A small country like the UK can't have a big impact on something which runs all around the world (e.g. internet, bitcoin, ...).

I also don't believe we're going to see any impact, especially since it's going to be a lengthy process that is already making the headlines for years but...small country?Shocked
We're still talking about the 5th country in the world by GDP!!!

If people in UK wants to transfer money to people residing in Europe then they will need to exchange the currency which might be a burden.

Yeah, rather than changing pounds to euros they would change pound to BTC and then BTC to euros.
If the UK remains in the EEA they will still have access to SEPA which is pretty fast and cheap.