Turkish Coup: Further Cause to Consider Investing in Bitcoin?

Turkish Coup: Further Cause to Consider Investing in Bitcoin?

Was bitcoin’s price spike yesterday in response to the attempted Turkish military coup? Current events continue to make the case for bitcoin as an investment, according to Orange Peel Investments, an investment firm that describes itself as “long” on bitcoin. The company contributed an opinion about bitcoin’s role as an investment in Seeking Alpha. Turkish citizens, alarmed by an attempted military coup, began withdrawing cash from ATMs and banks, not knowing what the future held for their financial security. The same thing happened in recent years when uncertainties afflicted Cyprus and....


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