Post
Topic
Board Bitcoin Discussion
Re: Distribute bitcoin to every Greek citizen
by
Lauda
on 05/07/2015, 13:54:37 UTC
If you send 1BTC to every greek thats 11000000 coins. Probably more than there is totally...

Lets says we did it anyway and the greeks adobted it. Every BTC would soon be worth 50 times todays value. The problem now was just that only greeks had BTC and noone on this forum had any...

Se the problem when a lagre mass adobt a currency at once. BTC must grow slowly to become a real currency. Not go from a nerd fantasy to full scale economy overnight.
Stop talking nonsense and do proper research. Exactly where do you think that you can acquire 11 Million Bitcoin?
The current supply is ~14.35M. If you factor in the coins that Satoshi has, all thefts, losses and people who aren't willing to sell there is no way to find that amount of Bitcoin. Even if you buy up everything from every exchange you can't do that. Besides, why would anyone from the forum give his money away to Greeks? Are you trying to tell me that there are no people that have it worse?

Even if you just bought up 1M the price would skyrocket and you would not be able to buy more. I just don't understand how people can think like this. There is no problem with Bitcoin and mass adoption. We will trade in mBTC or other denominations and problem is solved. Your post is of no value.

Someone is going to create GreekCoin soon enough.
There is already a coin for them. Whoever creates such coins is most likely doing so for their own interest.