After the June 23 events of the Brexit occurred in the United Kingdom it continues generating news and as apparent causes what they predicted. Taking real the variables that make up the economy one of them is the uncertainty that does not escape from the decisions taken by the citizens in that nation as it is emit their opinion. It is oftenly stated that “the people are wise” so we all have to abide the decision taken.

Brexit Immediate Consequences

One of the first reactions after the results was the resignation of the Prime Minister, David Cameron, which after the referendum results announced that he will leave his office in October of the same year, his words were the following ones, “the British people has taken the very clear decision to take a different path and, as such, I think that the country needs a new leadership to take it in that direction”.

Otherwise, Latin American exchanges closed down, following the network dye that abounded on Wall Street and the major financial centers of the world after the referendum outcome.

Dow Jones, the main indicator in the United States slumped 3.39% and closed at 17.399,86 units while the Nasdaq down to 4.12% until it reaches to 4.707,98 integers and the selective S & P 500 had a down of 3.60% to 2.037,30 points after a day of panic on global stock exchanges.

The main stock index of Madrid ceded a 12.35% the greater contraction of its history, Paris an 8.04% and Frankfurt a 6.82%. On one side of the losses this seems to be on all sides. Crude oil could did not miss the Texan oil reference in the United States it dropped by 4.93% and stopped at $47,64 per barrel while in Brent reference in Europe lost a 5.04% up to the $48,34.

Sterling was trading to US$ 1,3305 a drop of more than 10% against the dollar and its lowest price since 1985, before registering a slight improvement.

Meanwhile, it is expected that the Bitcoin can increase its value According to the coindesk post, Russell Newton Global Advisors Bitcoin Investment Fund (GABI) owner, has published a note in which it is speculated that “the referendum on the EU in the United Kingdom could lead to the final fall of the euro, increasing then, the value of digital currency” what was more emphatic in an email who wrote to his investors saying “…it is time for them to start preparing themselves for the “ultimate death” of the euro currency”, he also says “we see the break-up of the zone and the currency. I think that Bitcoin is going to fill part of the void”.

In addition, Newton says that the traditional financial system is ineffective and has an regulation excess, also pointed out that new technology platforms could disrupt financial markets and dare to predict that the bitcoin price will remain robust over the next month; He also consider that “Bitcoin and Blokchain, offer a future filled with creativity, functionality and use cases that we cannot conceive yet”.

Taking into consideration the claims of Russell Newton it is possible to see a clear way in relation to the cryptocurrency without neglecting other possibilities the future investors, creators, developers, buyers, sellers, among others they can benefit from the advantages that this presents in the immediate future. Not everything is said and the absolute truth does not exist, it must be pursued with the information.

References: coindesk.com, elmundo.com.ve

Disclaimer: This press release is for informational purposes only. Information does not constitute an investment advice or an offer to invest. The views expressed in this article are those of the author and do not necessarily represent infocoin views and should not be attributed to Infocoin.