RATE Group | Will Boris’s Brexit Britain Be a Boon for Bitcoin? Google Search Suggests So
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Will Boris’s Brexit Britain Be a Boon for Bitcoin? Google Search Suggests So

Will Boris’s Brexit Britain Be a Boon for Bitcoin? Google Search Suggests So

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Boris Johnson’s recent appointment to the role of UK Prime Minister has coincided with a spike in Google searches in the nation for the word “Bitcoin”. In his first days in office, the newly-instated head of state has made it clear that he is refusing to play ball with the European Union and an already long-frustrating deadlock on the Brexit issue looks set to continue.

This makes a UK departure from the European Union without any form of deal look increasingly likely. With an uncertain future looming in the United Kingdom, Bitcoin, having proved itself as a suitable vehicle for capital flight in the past, may well get the opportunity to do it again.

Brexit Looms, Brits Turn to Bitcoin?

According to a report in Trust Nodes, Google searches for the term “Bitcoin” in the UK have risen dramatically since Boris Johnson took power earlier this month. More people have been searching for the number one cryptocurrency in nation than they have for over a year. Although some of the…

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