Bitcoin Draws premium in Hong Kong and Argentina

Bitcoin draws a premium price now in Argentina due to the unstable economic situation there and in Hong Kong due to the unstable political climate there caused by the protests and the fear of China sending police forces in. Much like last year where the premium in Iran for Bitcoin ran crazy as people lost faith in the country’s currency, in places where there is instability and unrest, Bitcoin is seen as a safe haven. This could even happen in the UK as Brexit nears. These situations prove that Bitcoin has a large part to play in the world’s future economy.

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