Austrian crypto exchange calls out the Brits over Brexit

With the day of Britain’s departure from the EU finally arriving, many have decided to share their opinion on the matter. Some used social media, like Twitter or Facebook. Meanwhile, a crypto exchange from Austria, Bitpanda, decided to express its own thoughts on the matter via a provocative digital billboard campaign.

As many likely remember, a few years ago, Britain decided that it wishes to leave the EU, and it put the matter to a vote in the 2016 EU Referendum. 72% of the British electorate came to vote, and when the results came in, it turned out that nearly 52% of them were in favor of leaving the European Union.

Bitpanda reveals its thoughts on Brexit

Of course, that was not all, and four years of debating followed, and last night at 23:00, the UK officially left the EU. Over the past four years, many debates were held, speculating what kind of effects the move might have, on the EU, the UK itself, and the country’s companies.

Now, with the deed done, many have started giving their own thoughts on the matter, and Bitpanda’s move was one of the most memorable. The exchange used digital billboards to broadcast a message saying

Millions of people can’t be wrong. Unless they’re British.

The move was followed by quite a few responses from people who were displeased by Bitpanda’s decision to choose a side, in a political sense. Some mentioned that the EU’s centralization of power is in contrast with the nature of cryptocurrencies. Others were amused by the exchange’s statement, even though Bitpanda’s billboard seems to be located in the very heart of the UK — London.

Bitpanda itself has an office in the city, which originally opened in 2018. However, Bitpanda is likely not the only one who was not satisfied with the move, as many other exchanges had to prepare for Brexit for months. They were forced to switch banks in order to keep providing their services, including Coinbase, Binance.Jersey, and others.

While the real consequences of Britain’s departure still remain to be seen, many have speculated that the move might prove to be beneficial for the price of Bitcoin due to uncertainty caused by the event.