Forget a currency union – here comes Scots Bitcoin

By MARTYN MCLAUGHLIN, scotsman.com

WITH the debate over what currency Scotland would use in the event of a Yes vote this September at a stalemate, it is a 21st-century alternative.

Every Scot has been invited to claim their windfall of a dedicated national online currency designed to fend off the dangers of traditional markets.

Known as the Scotcoin, the cryptocurrency is envisaged as the Scottish equivalent to Bitcoin, the digital tender that is now recognised by nations and companies the world over.

Those behind the initiative say the new currency would offer people “another option” amid continuing uncertainty over whether Scotland would be able to keep the pound, describing it as a “Plan B” in the event of any potential “major disruption to the current financial system”.

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