In a passionate 4-minute speech given in the European Parliament yesterday, British politician, Nigel Farage called attention to the fact that the founders of the Euro currency, and the Eurozone system, made some major mistaken assumptions 16 years ago.

“We understand now that the countries of Europe are different,” said Farge. “And, if you try and force together different people, or different economies, without first seeking the consent of those people, it is unlikely to work.”

In a new extended deadline, European creditors are now warning Greek Prime Minister Tsipras that come Sunday, they will seek to propel Greece out of the Euro.

Financial analysts now find it very likely that Greece will return to the drachma.

Many investors are now wondering if the lack of confidence we are seeing the economy of the European Union will lead to an upsurge of Bitcoin activity (the digital currency not dependent on a government or central bank).

Gil Luria, a Wedbush Securities analyst, says: “Bitcoin has never been this big.” Bitcoin is currently trading at its highest since March.

Have a look below at the one-month chart of Bitcoin against the USD. It clearly shows that during the most recent panic in Greece, Bitcoin’s value has jumped significantly.