When you say bitcoin can drop far lower then gbp. What bitcoin is at near £3k to a pound. What you suggesting bitcoin 0.90 to £1 pound.
Sorry but this is not possible. Cant see this happening. Yes may drop but never this low.
I mean the percentage drop. Bitcoin can easily use 50% of its value while in case with GBP something more serious than brexit should happen to make pound lose its price so fast.
No one cares about the value of BTC. We just need to see how it behaves over time and GBP is much safer.
Again I have to disagree (No one cares about the value of BTC) what you mean is you dont care. But please check and see which forum your on. Then understand that we all care about BTC and understand the true value. Also I am not saying GBP value will drop low. GBP is the most strongest flat currency around.
But just looking at possibilities which could happen. Brexit is not just a simple exit. Check what happening you can understand there fault lines here.
So when an economic take a small blow, price has a move right. This is what I talking about. So please reply if you have anything to add. But dont forget bitcoin we all care.