Was Bitcoin as Good as Gold during the Brexit?

By Daniel Zo Bitcoin, UK, EU, Brexit Read Comments

During the last couple of years, it was proven that the stability of digital currencies such as Bitcoin can best be analysed during moments of crisis. Due to the fact that the United Kingdom has recently voted to leave the European Union, the British Pound has collapsed in terms of value, thus proving that bitcoin is a safe haven asset.

Economic analysts from all around the world and supporters of the digital currency movement claim that bitcoin represents the ideal form of protection against most of the world’s major economic events, as it is independent from political moves, government regulations and economic crises. This led analysts to compare the currency to gold, thus making a strong statement that bitcoin is in fact, as ‘good as gold’.

Read More