How Bitcoin Stands to Gain from "Currency Wars" Among Central BanksRecent figures shows that the United Kingdom’s economic growth fell to a slower pace in June, even before the European Union referendum, which will lead the Bank of England to cut interest rates as early as next week. This is known as ‘easing’ monetary policy. Following the market chaos of the E.U. referendum result, the Governor of the Bank of England Mark Carney hinted that, “some monetary policy easing will likely be required over the summer”. Monetary policy comprises of various tools to try to control the money supply and interest rates and thereby influence economic activity....
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