Well and all the bitcoin wiki replies
Topic: Advantages of Bitcoin over Euro (Read 489 times)
Currency won't collapse unless its replaced by a better model 1 for Bitcoin
Well and all the bitcoin wiki replies
Well and all the bitcoin wiki replies
The details of the Cyprus Eurozone bailout mean this is the first time bank depositors have been called upon to rescue a currency at their expense.
A proportion of deposits beyond $100,00 will be confiscated to help pay for the bailout.
This may set a precedent as a method for dealing with future Eurozone crises.
This has me thinking that this is where Bitcoin has a big advantage. Bitcoin is out of the way of the mainstream banking system and can't be touched by bankers or politicians.
At least as things stand at present.
A proportion of deposits beyond $100,00 will be confiscated to help pay for the bailout.
This may set a precedent as a method for dealing with future Eurozone crises.
This has me thinking that this is where Bitcoin has a big advantage. Bitcoin is out of the way of the mainstream banking system and can't be touched by bankers or politicians.
At least as things stand at present.
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