Post
Topic
Board Economics
Topic OP
Can bitcoin really save Greece?
by
Jerry Walker
on 01/07/2015, 15:04:11 UTC
There are serious capital controls implemented in Greece right now:

You can only withdraw €60 from your bank account in one day, and no overseas transfers.
That's insane!

If they'd switch to btc - then there would be no problems with protecting their savings.
I mean, blockchain can't just close and say 'oh no, we aren't working today - come tomorrow' like banks in Greece currently do.