Scottish Independence
Yes/No to Scottish Independence? Scotland has recently been trying to gain its independence from the United Kingdom once again. Throughout the last thousand years there have been a few times that Scotland has tried to gain its independence. In the early 13th Century the Scottish nobility were in dispute after Alexander III, the then King of Scotland,....
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The recent Scottish independence referendum prompted questions about whether or not an independent Scotland would consider adopting bitcoin or another cryptocurrency (such as the Scottish-themed Scotcoin) in lieu of the British pound. Alas, the Scots voted to remain in the United Kingdom, so the discussions proved moot. However, a new poll indicates the Scots may seek independence again in the future. That could bode well for bitcoin's future prospects in Scotland. Also read: Scotland's Independence Vote, Bitcoin, and the Myth of Free Scottish Banking. Cryptocurrency Could Play a Central....
Dr. Craig Dalzell recently authored a discussion paper titled ‘Scottish currency options post Brexit’. This paper was written for a Scottish Think Tank called Common Weal. In the paper Dr. Dalzell discusses the ramifications of a possible Scottish currency after Brexit. There have been calls for another Scottish referendum seeking independence from the United Kingdom, after the UK in its own referendum voted to leave the European Union. Just after the results of the Brexit referendum were made known, Scotland’s First Minister Nicola Sturgeon announced her intention of holding a second....
In the previous article, Scottish Independence, we highlighted Scotland's referendum for independence and a few notes about what it may mean. On Thursday the 18th of September, 2014, the Scottish people voted No to independence, choosing to remain within the union of the United Kingdom. According to gov.uk the majority vote won with a count of 55.3% to 44.7%. A significant factor about the voting turnout was the sheer number of people who did vote, 84.5% of the eligible voters. With the current dissolution with politics within the United Kingdom and globally, this was an astounding....
Although Scotland has yet to vote whether or not to secede from the United Kingdom, pundits have already begun debating how an independent Scotland should structure its society - specifically its monetary policy. Theorists have noted that, if the Scots vote "yes" on the independence referendum, Scotland could prove a perfect testing ground for large-scale bitcoin implementation. Naysayers argue that free banking systems are unsustainable, pointing to the so-called "free banking" era in 18th and 19th century Scotland. Consequently, if Scotland's independence vote passes and bitcoin becomes....
Prior to the Brexit vote, an independence movement fizzled in Scotland. In the wake of Brexit, some Scots are reconsidering independence. In considering what went wrong in 2014, some blame failure to sufficiently address currency issues. In the interest of not making the same mistake again, some Scots want to consider how a national currency would work. A paper, “Scottish currency options post-Brexit,” by Dr. Craig Dalzell, an M.Sci. and Ph.D. in laser physics and photonics, notes that should Scotland begin another independence campaign, it should do so from the standpoint of using....