Quote from: Mehek on July 10, 2015, 03:16:19 PM

Quote from: Jerry Walker on July 01, 2015, 03:04:11 PM

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.

Not really. I don't think Greece can be saved by buying bitcoins anymore. Firstly they dont have enough money to buy it and might not be aware of the opportunities . plus they dont have enough places to spend their bitcoins at even if they buy it and there is a chance that it may be hacked like hell

I'd agree to that, that is the exact point. So all these people who are talking like Bitcoin could be the savior Greece needs...eh, no. Greece can't afford Bitcoin, firstly. And the whole default situation took place because Greece could not really afford euro, you think they would be fine with bitcoin which will multiply 55 times just as they adopt it. I don't think they should doom themselves any further.