Brexit bill approved! What does this mean to bitcoin if anything?

[swogerino]

New just broke 30 minutes ago.


I know it means alot to the GBP fiat money market but does this mean anything to bitcoin as a whole?

http://www.bbc.com/news/live/uk-politics-parliaments-39256795

alternative link to article:
http://bbc.in/2mTzP0W

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[countryfree]

Quite a few Brits may sell their £ to get BTC, but many, many more will buy $ or €.
I'm not expecting much change, if any. This was expected.

[coolcoinz]

I'd say GBP is going to remain strong, it's Euro that I'd be worried about. GB doesn't need EU to function, it's the other way round. Countries that formed The Union were doing fine before and they will continue to do so when the Union collapses. Brits felt bad in there, so they left. There's really nothing to be scared of and I don't think they will start buying Bitcoin because of it.

[Sithara007]

This is going to cause a slight upswing in the exchange rates of the UKP and a major downswing in the value of the Euro. This situation can exacerbate, if Scotland secedes from the United Kingdom, and applies for the European Union membership. 

[sanaravena]

This is going to cause a slight upswing in the exchange rates of the UKP and a major downswing in the value of the Euro. This situation can exacerbate, if Scotland secedes from the United Kingdom, and applies for the European Union membership. 

Wasn't Scotland saying that it wants to keep some agreements with the EU (like trading as far as I recall) while still being a part of the UK? Or have they changed the course?

[darkangel11]

This is going to cause a slight upswing in the exchange rates of the UKP and a major downswing in the value of the Euro. This situation can exacerbate, if Scotland secedes from the United Kingdom, and applies for the European Union membership.  

That would be unwise of Scotland, but I can understand them as they never felt a part of the UK. They used to be oppressed by England and might see an opportunity (and money) in joining the EU.
IMO it doesn't mean anything for bitcoin, but the opportunity lies in the problem EU is facing. Euro will go down and the worse big currencies are doing the better for bitcoin.

[Sithara007]

This is going to cause a slight upswing in the exchange rates of the UKP and a major downswing in the value of the Euro. This situation can exacerbate, if Scotland secedes from the United Kingdom, and applies for the European Union membership. 

Wasn't Scotland saying that it wants to keep some agreements with the EU (like trading as far as I recall) while still being a part of the UK? Or have they changed the course?

I heard that Nicola Sturgeon is planning for a new vote on the Scottish independence, probably later this year. Check this:

http://www.bbc.com/news/uk-scotland-scotland-politics-39263613

And this time, the chances are much brighter. I have a feeling that this time, it will be exactly the opposite of the last vote (55/45).

[swogerino]

This is going to cause a slight upswing in the exchange rates of the UKP and a major downswing in the value of the Euro. This situation can exacerbate, if Scotland secedes from the United Kingdom, and applies for the European Union membership. 

Wasn't Scotland saying that it wants to keep some agreements with the EU (like trading as far as I recall) while still being a part of the UK? Or have they changed the course?

I heard that Nicola Sturgeon is planning for a new vote on the Scottish independence, probably later this year. Check this:

http://www.bbc.com/news/uk-scotland-scotland-politics-39263613

And this time, the chances are much brighter. I have a feeling that this time, it will be exactly the opposite of the last vote (55/45).

Just heard this too.
All nations want to be independent from those British rule days. Those are so 1800's.

More power to the Scottish Ilse of Inverness!

[dawnasor]

Im expected that to happen but for now I dont heard something change in exchanging Bitcoin to GBP.
Lets wait until they officially exit on the EU.

[mindrust]

On bitcoin's side, nothing will change much.

GBP will be ruined to deth though. Taking England out of Europe will cause massive trauma on Brits. In other words, long story short; Cheap Brit Coins are on their way.   Stay with $$$.

GBP/USD used to be 2.0 wow, it became 1.5 later, and then 1.3, and now its 1.20. Soon it will be 1.04 or  smth, maybe lower. It will share the same fate as EUR. Maybe even worse.

[Scott J]

More important is if other European countries follow the UK's lead and break away from the EU.

This would have to be extremely bullish for Bitcoin.

[audaciousbeing]

I just begin to wonder why does everything that happens needs to affect bitcoin, even to those who promotes things such as this will continue to increase uncertainty around bitcoin. The next we will hear is what if there peace in Syria what will that mean for bitcoin, or if Israel and Pakistan shoud have a peace deal, what will it mean for bitcoin? some will even go to the extent that what if Isis stops killing what will it mean for bitcoin? The fact is bitcoin should stand and let world politics does its thing.

[ValeryBark]

Im expected that to happen but for now I dont heard something change in exchanging Bitcoin to GBP.
Lets wait until they officially exit on the EU.

I think you did not wait. Even when UK was in the EU not to abandon the pound I think that now it will be even harder with bitcoins in the UK. They are very conservative.

[popcorn1]

On bitcoin's side, nothing will change much.

GBP will be ruined to deth though. Taking England out of Europe will cause massive trauma on Brits. In other words, long story short; Cheap Brit Coins are on their way.   Stay with $$$.

GBP/USD used to be 2.0 wow, it became 1.5 later, and then 1.3, and now its 1.20. Soon it will be 1.04 or  smth, maybe lower. It will share the same fate as EUR. Maybe even worse.

Lower the pound the more jobs will come .

I was bracing for a low point BUT like i thought WHO WANTS TO STOP MAKING MONEY

We will be booming GB products don't fall apart like CHINESE TAT  .
Lower the pound the more we will produce ..
The higher the pound the less we will produce ..

Some businesses will benefit from the brexit some wont..
But many new starter companies have a chance now to make something good..
EU had big companies smash the little guy..NOT NO MORE ..

The lower the pound the better.. OBVIOUSLY Not to low .

Anyone who produces something from the UK will be a massive success around the world ..
BRITISH PRODUCTS ARE IN HIGH DEMAND..Because of the fall in the pound we will sell all day..

I was hoping these big ELITE companies would go ..So new people could produce new products for the world.

Sick of the elite telling a country how it is    because you can put a factory in a nation and make loads of workers..WHILE PAYING NO TAX.. ..GREEDY PEOPLE ..

Like FORDS CARS  ..Time for a new starter company to wipe fords out ..Well brexit can make it happen..

It gives the little guy a chance to make a new mass production car..
Not just cars many many companies WHO GOT TO BIG AND GREEDY ..SO I WANT THEM TO DIE ..
And some new company that will pay it's taxes will come along ..

I don't expect no down turn ..No body wants to not do business ..The EU will get told to FUCK OFF..
By companies because they are loosing money..

WE THE UK WILL BOOOOOOOOOM..

[chrisivl]

On bitcoin's side, nothing will change much.

GBP will be ruined to deth though. Taking England out of Europe will cause massive trauma on Brits. In other words, long story short; Cheap Brit Coins are on their way.   Stay with $$$.

GBP/USD used to be 2.0 wow, it became 1.5 later, and then 1.3, and now its 1.20. Soon it will be 1.04 or  smth, maybe lower. It will share the same fate as EUR. Maybe even worse.

Lower the pound the more jobs will come .

I was bracing for a low point BUT like i thought WHO WANTS TO STOP MAKING MONEY

We will be booming GB products don't fall apart like CHINESE TAT  .
Lower the pound the more we will produce ..
The higher the pound the less we will produce ..

Some businesses will benefit from the brexit some wont..
But many new starter companies have a chance now to make something good..
EU had big companies smash the little guy..NOT NO MORE ..

The lower the pound the better.. OBVIOUSLY Not to low .

Anyone who produces something from the UK will be a massive success around the world ..
BRITISH PRODUCTS ARE IN HIGH DEMAND..Because of the fall in the pound we will sell all day..

I was hoping these big ELITE companies would go ..So new people could produce new products for the world.

Sick of the elite telling a country how it is    because you can put a factory in a nation and make loads of workers..WHILE PAYING NO TAX.. ..GREEDY PEOPLE ..

Like FORDS CARS  ..Time for a new starter company to wipe fords out ..Well brexit can make it happen..

It gives the little guy a chance to make a new mass production car..
Not just cars many many companies WHO GOT TO BIG AND GREEDY ..SO I WANT THEM TO DIE ..
And some new company that will pay it's taxes will come along ..

I don't expect no down turn ..No body wants to not do business ..The EU will get told to FUCK OFF..
By companies because they are loosing money..

WE THE UK WILL BOOOOOOOOOM..

In Brexit there is nothing wrong. Especially no one wants to take Scotland into account. The Scots voted unanimously in favor of the European Union. The British voted unanimously. It is likely that Britain will no longer be Great Britain. But this is democracy, and it must go its own way.

[DeanShow]

I think this is a mistake of British. They will understand it later. Now Scotland and Northern Ireland want to remain in the EU and this may be the reason for their exit from the UK.

[VapeOil]

I always wondered why the UK joined the EU. I don't live on that side of the globe so I don't really follow the politics. But back before they joined I thought that the UK was doing just fine. The British pound was worth more that the USD. I think it was the highest valued currency before the EU join. I'm happy for the Brit's that they are leaving a union that seems to be run by Germany and France.

What will it do for BTC? Probably nothing. I hope all the brits go into alt coins instead  ..

[StefanReed]

I always wondered why the UK joined the EU. I don't live on that side of the globe so I don't really follow the politics. But back before they joined I thought that the UK was doing just fine. The British pound was worth more that the USD. I think it was the highest valued currency before the EU join. I'm happy for the Brit's that they are leaving a union that seems to be run by Germany and France.

What will it do for BTC? Probably nothing. I hope all the brits go into alt coins instead  ..

Expensive currency is not always good. The higher the value of the currency more expensive product and the less it is competitive in the market. If the same product is 1 pound, 1 Euro and 1 dollar. Where will buy it?

[popcorn1]

I think this is a mistake of British. They will understand it later. Now Scotland and Northern Ireland want to remain in the EU and this may be the reason for their exit from the UK.

Scotland and Ireland are DUMB ASSES ..

They sell more to ENGLAND than they do to the EU ..

Most people have no CLUE ..YES I KNOW IT ALL .

The Blair rights are all getting paid by the EU why wouldn't they argue about loosing their money..
Even if Britain was doing terrible in EUROPE they still be saying YER we are doing well in EUROPE .

A lot of politicians are getting paid good money from the EU..BY my taxes ..

We pay the EU 10 billion for what?..Cough to line the politicians who already rob our taxes even more money.

Then 20 years later the son gets paid and then his great grandson ..All Un elected politicians ..

We have politicians making money from our own government and making even more from the EU ..
GREEDY POLITICIANS ..

Half of EU aid wasted, stolen or lost in red tape: £11.5bn ... - Daily Mail
www.dailymail.co.uk/news/article.../Half-EU-aid-wasted-stolen-lost-red-tape.html
17 Jan 2016 - Study by MEPs found £11.5bn of the £23bn doled out fails to achieve ... Half the money the European Union spends on aid is wasted, stolen or

Sir Bernard Ingham: EU is corrupt, useless and riddled with fraud ...
www.telegraph.co.uk › News › News Topics › EU Referendum
27 Jan 2016 - Sir Bernard Ingham has warned Britain not to throw away another £12 billion down the European Union's corrupt 'mafia drain' ... The European Union is corrupt, useless and riddled with fraud, Sir Bernard Ingham has said. ... Sir Bernard also said the EU was useless when it came to


Corruption costs EU 'up to €990 billion a year' – POLITICO
www.politico.eu/.../corruption-costs-eu-990-billion-year-rand-study-fraud-funding/
22 Mar 2016 - Study says public procurement corruption alone costs the EU €5 billion per year. ... The EU has a corruption problem that could cost it up to €990 billion a .... The €2 billion complaint against the UK over customs fraud could ...

Scotland's debt mountain set to hit record £50bn by 2020. The figures, which highlight the effect of falling North Sea oil revenues on Scotland's finances, show that Scotland's deficit reached £14.9bn in 2014/15, up from £13.4bn in the previous financial year.

AND ONLY 5 MILLION PEOPLE LIVE THERE ..
Yes i can see the EU inviting Scotland with open arms .

And the same GOES FOR IRELAND ..The scots and irish will get a vote to leave the uk after the Brexit..

But believe me it's ENGLAND who buy more off both than the EU.

British taxpayers funded Ireland's £14bn bail-out - Telegraph
www.telegraph.co.uk › Finance › News by Sector › Banks and Finance
19 Jan 2013 - British taxpayers have provided Ireland with a backdoor bail-out of more than £14bn via the Royal Bank of Scotland and Lloyds Banking Group.


AND THESE DAFT IRISH THINK IT WAS THE EU ..

like some of our politicians have an interest in the EU NO MATTER IF IT DOES GOOD OR BAD..
THEY ARE GETTING PAID BY THE EU..
EVEN IF YOUR LIFE IS SHIT OR NOT ..

Wake up dumb shits..We got told the SKY would fall in..Now it's not happened they are saying well we are not out yet..

Does the EU own the shops and businesses ANSWER NO  
so why would people stop selling to make there own lives shit FOR THE EU..

EVERYONE WILL KEEP SELLING ..
So take no notice of politicians they are getting good money to be an EMP..
And the fiddles as you can see from above how much gets stolen..

[popcorn1]

nicola sturgeon is a power grabbing turd..AKA janette krankie

TO BECOME A POLITICIAN is not about doing good for your peoples ..
It's about doing good for yourself..IT'S NOW A JOB TO MAKE MONEY OFF..

I will become a politician to change the world for the good .

I will become a politician because i can fiddle taxes and contracts and have power and make loads of money.
FUCK THE PEOPLE ..

Also when they say a bail out you mean put our future children in debt ..

Irish Republic 85bn euro bail-out agreed - BBC News
www.bbc.co.uk/news/world-europe-11855990
28 Nov 2010 - European ministers reach an agreement over a bail-out for the Irish ... The details of the IMF and EU bail-out were discussed at a meeting in

see that bail out IRELAND   well even the children in ENGLAND are in DEBT over your bail out..
You don't think 5 million IRISH got that loan do you ..
No it was on the fact that the whole of the uk paid it back..

Also out of the 85 billion how much actually got spent on IRELAND.I wonder how much politicians robbed through the back door.. >:

Now you could say well we have been slaves to ENGLAND..cough you mean LONDON TWATS .

TAKE A LOOK AT GREECE ..The EU is so good Greece is doomed ..