Post
Topic
Board Bitcoin Discussion
Re: Another reason bitcoin will succeed: US to target Putin's $40 billion stash
by
Melbustus
on 21/04/2014, 15:46:28 UTC
Yup. There's supposedly ~$30T (yes, "Trillion") stored as "offshore" (ie, hidden) money globally. With Swiss banks no longer maintaining secrecy, Cyprus, and the IMF publicly making noise about the potential need to haircut all EU depositors, it should already be obvious how much store-of-value potential bitcoin has.

Every crises, seizure, government over-reach, capital control, and "haircut" will make this more obvious to more people.