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Over the past few days I have been reading about really know what's going re various Italian banks (up to eight of them) being in big trouble, and that a referendum coming up re Renzi might affect them.
I don't really know what's going on (on vacation), but it sounds perilous, even for German banks. Which would affect everybody as Deutsche Bank is so important because it is so big.
Yet I have seen no reaction in BTC price.
Would anyone from Italy care to comment on:
1) How serious is this Italian bank problem and the consequences of the upcoming vote?
2) I see that Bitcoin price has not gone anywhere since we went on vacation. Is BTC catching on in Italy?
Molto Grazie!
Just my opinion, I have followed some news on tv and local newspapers, talk with some friends, but nothing more...
1) Local Newspapers doesn't have analyzed directly this issue, but just reported news from others reference.
Probably there isn't nobody really worried about it. Most of people see this referendum aka a "choice" for the actual prime minister (M. Renzi) and not a referendum linked with money stability.
2) I don't think people will use btc for their credits, normally people here decide to adopt other ways for "move currency" out from.