IdleRich
IdleRich
Yeah, same argument as with pounds euros. If interest rate in pound rises then it becomes more attractive to change your bitcoin to pounds and lend them out, if it falls then vice versa as you say. So my first thought is that - all other thing being equal - Bitcoin/Pound exchange rate ought to rise and fall in the opposite direction to UK interest rates. But I'm saying that's just a very quick guess and I'm happy to be told I'm wrong if I've forgotten a factor or whatever.