Post
Topic
Board Economics
Re: Can bitcoin really save Greece?
by
botany
on 26/07/2015, 02:28:56 UTC
No Bitcoin will not save Greece. Greece needs to leave the EU and Euro, reset and start from scratch. This is the only way out for Greece. No Bitcoin or EU reforms would not and will not help Greece.

Bitcoin would be able to save people's money from Banks influenced by capital controls, this was able to do with Bitcoin but too late for that now as well.

I would consider Greece leaving the EU as a huge defeat for the EU in general as this would mean that what we have been trying to do in the past decades is not working out in the end. This cannot be allowed to happen. I don't believe anyone would want this.

Me too, i thinkif Greece would leave the EU , the euro fiat currency and the EU itself would be stronger much more than now

It might become stronger eventually, but you can't predict how markets will react in the interim. This uncertainty is what makes leaders of the EU and monetary agencies apprehensive. So they just keep kicking the can (greek repayments) down the street and hope that the issue will resolve itself.