Post
Topic
Board Economics
Re: If Greece defaults
by
whatnow
on 30/05/2015, 14:53:00 UTC

Oh, what will the Spanish and Italian people think about Greece's free haircut?



The Greek problem would be over by now if Spain and Italy are almost as bad as Greece. Bitcoins will only work when it is as easy to use as Debit Cards in even mom and pop stores. Just remember even when Bitcoin is no longer adding more bitcoins you can have inflation and deflation. Being on the gold standard was none to cause deflation and sink economies. The best thing bitcoin could do is take the game out of governments hands of gaming the system to gain a short term advantage that costs them more at a later date.   Always remember the value of something is what the masses think the value is. Gold prices go up and down.