How Future Bitcoin Can Prevent a Future Greece?
Bitcoin, the volatile digital currency,
cannot help the Greeks of today. But it could mean a great deal to those caught up in currency crises to come.
For the average Greek, getting ones hands on bitcoin requires buying it with eurosthe last thing any sane Greek would give up. Thats why the bitcoin of today has no bearing on what could easily become a humanitarian crisis.
But
Bitcoin is at an inflection point, and its evolving much more quickly than all but its most dedicated observers realize. Whatever happens to bitcoin itself, the technology underlying it opens up previously unimagined possibilities for the future of just about anything humans exchange.
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http://www.wsj.com/articles/how-future-bitcoin-can-prevent-a-future-greece-1436744064Bitcoin cannot stop fractional reserve or the way the banks work.
And if Bitcoin continues at a steady pace to be more and more adopted, then it is only a matter of time that banks join in and find ways to exploit it.