Post
Topic
Board Bitcoin Discussion
Re: Distribute bitcoin to every Greek citizen
by
Daniel91
on 06/07/2015, 09:09:20 UTC
who is going to fund this idea of yours? you said "There's only 11 million people in greece" how much do think is a good number to give to each citizen? 1BTC per person is ~3 billion USD. who is going to fund this. and do you think that giving $270 to each citizen is going to fix their problems?

Greeks should adopt bitcoin on their own and this process has many difficulties because first of all they don't have access to enough cash per day to buy bitcoin. besides if they buy bitcoin there is nowhere they can spend it like fiat.

Someone is going to create GreekCoin soon enough.
ROFL
GreekCoin to the rescue !!!

I agree with you.
As idea, it sounds good but it just not realistic.
First, who will be such ''good soul'' who will give bitcoin in the value of 3 billion usd for free?
Bill Gates?
Warren Buffett?
Be serious!
Also, who will educate people in Greece about BTC, open ATM in bitcoin, introduce bitcoin to merchants etc.
Also, anybody seriously think that several hundreds free BTC per person or family will really financially help people in Greece?
Only way how this can works is if government in Greece decide to replace Euro with BTC but I don't think this will happen in the near future.
Even with BTC Greece will still have a lot financial debts and political crisis to solve.