Re: Bank holiday in Greece

but the news and reports from exchangers shows that there is an increased interest towards bitcoin by Greece people.
Bitcurex got flooded with emails from Greeks.

Quote from: money.cnn link=http://money.cnn.com/2015/06/29/technology/greece-bitcoin/

Among their questions:
"Is Bitcoin a legal currency in EU?"
"Can I use Bitcurex as a bank account?"
"Do you have a Bitcoin ATM network in Greece?"

That's actually interesting to see that some of them are looking into bitcoin. I still think bitcoin is very risky for people to put their entire money into but bitcoin could become an alternative way to store wealth outside of the mainstream and could actually save people money from crises like this.

especially when your government blocks your accounts and closes the banks so people don't have access to their own money.
but unfortunately bitcoin is not yet reached the stage that can be considered a somewhat safe investment because of the highly volatile price.

It is actually far, far worse than this. It is not that people don't have access to their money, its that their money is now gone. Soon, they will get a nice letter saying their 30,000Euros is now 30,000 dracma. Then, their 30,000 Dracma will be enough to buy a ham sandwich and a soda. The government took the money away. It is now gone. 'Capital controls' is just a bullshit term for 'you got robbed'.

but people dont realize that yet....because: Roll Eyes

or: they will get a nice letter saying their 30,000 Euros is now 3000 Euros.

If they get this letter they should be very happy. Getting 10% of what they had would be a great result. The more likely result is they will get 1:100. Leaving the Euro was spectacularly dumb. Having Germany as a big brother to buy all of your worthless shit while extending the right to go anywhere in Europe to work was a huge gift. Now, Greece has nothing but 20 years of some very serious misery to look forward to - all because of one young ambitious PM who thought he could stare down the Germans to make them pay for Greeces' mistakes. Opps!!! Big fucking profound - oooopsss! Merkel is way too smart to fall into that trap. The germans didn't get where they are by having dumb ass Greeks trying to play tricks and pull the wool over. Germans know how to see that silly kind of bullshit a kilometer away. Greece so over-plated their card is ridiculous. The price in suffering is going to suck.

The only one I'd like to hear on this point is Antonopolis. He is a smart fucker and a Greek. I wonder what he has to say about the Greek PM and the economic nightmare which is now coming due to the Germans saying: 'get lost'. That would be an interesting commentary.