Post
Topic
Board Bitcoin Discussion
Re: Will the Scottish people choose Bitcoin rather than a "Scottish Pound"?
by
Yakamoto
on 30/04/2019, 17:37:09 UTC
The SNP voted to drop the British Pound after independence (they will have to win a referendum first). Will the Scottish people accept this or will they use Bitcoin?

https://cryptostar.money/blog/scots-want-to-abandon-the-pound-will-they-choose-bitcoin/
I think they're just going to make a Scottish Pound for the country, there might be some people within Scotland who will put their money into crypto for the duration of the transition, but it won't be a long-term thing for most of the Scottish citizens. As I said in the other thread about this, there is no reason for most people to want to switch to crypto in comparison to their existing payment platforms. It would be a relatively dramatic shift for their economy as well, so that would likely further dissuade them. Not to mention the extreme volatility that Bitcoin experiences, which could potentially throw their finances into jeopardy. I don't think that the Scots are considering Bitcoin as a national currency in the slightest, as cool as it would be to see them do it.