Re: Greece Cannot Pay, Greece Will Not Pay

There going bankrupt and they'll probably sonnet or later start using bitcoin

they have other 3 years of fund from the central european bank, they have their ass covered for now, but they need to plan all the changes to be done to fix all the issue with their country, so taxes, pension ecc...

they will not use bitcoin, no governments will adopt bitcoin, the only people that can do it are the citizens and not a single entity like a government or banks...

Exactly. What has happened is poignant. They have compensation for the moment from the central bank , but it will take a long time for them to cover all the damage that has taken place. Of course ,bitcoin is not a viable option for them, not for the people for now nor for the government or banks which is kinda never gonna happen. (for the banks ) to adopt BTC.

The people can perfectly start using BTC on their own, we don't need to wait for institutions to jump in because they will most likely never do it. Anyway, in 10 years, a 10 year old will already know how to use BTC and recieve and send payments. By the time he is 18, do you think he is going to open a bank account? do you think he will like the fees, the waiting 3 days for an operation to get confirmed.. and all the rest of the shitty remarks of the traditional banking system? Nope. Thats how the traditional banking system will die.

With big respect for your thoughts about bitcoin and for the bitcoin itself I don't think that that boy in the age of 18 it is not going to open a bank account. If he will work to live he will have his money only through the banks. So the banks are essentials for our life. We only hope that the banks at his 18 age will be better and will have adopted bitcoin as a currency in its everyday doing things.