Brexit fallout - Buy Bitcoin... now

 

The term "Black Friday" has different meanings... 

In the USA - Black Friday is the day following Thanksgiving Day in the United States (the fourth Thursday of November). Since 1932, it has been regarded as the beginning of the Christmas shopping season.

Now in the UK - George Soros warned of "Black Friday" if the U.K. voted to leave the European Union. The pound is crashing and stocks are tanking.

"Brexit could put thousands of jobs at risk. Recession would push up unemployment, and some big companies and banks may also relocate staff to Germany or France to avoid disruption to their EU business.

Many American and global banks and companies have invested heavily in the U.K. as a gateway to Europe.

Companies such as Rolls Royce (RYCEY) and JPMorgan (JPM) warned before Thursday's vote that leaving the EU would put investments and jobs in the U.K. at risk." #CNNmoney

Bitcoin is being seen as a new super safe haven - we are about to see this new digital currency become more mainstream as investors are looking for new ways to hold onto their wealth... smart money has already moved into Bitcoin.  The stock markets around the world lost over $2 trillion on Friday 24th June 2016 when the UK voted to leave the EU.    

Read this article from Bloomberg http://www.bloomberg.com/news/articles/2016-06-24/bitcoin-buyers-seek-haven-from-british-pound-after-brexit-vote

Watch this video and discussion on the Brexit fallout