But now it's: "fiat = less stable; Dnotes = established and rising steadily in price."
I am happily blogging away here:
http://cryptomoms.com/forum/cryptomoms-com/5/crypto-kindergarten/537/msg4348#new
Mark (IndiaMikeZulu), Australia
"Perhaps this is a good time to offer to set up wallets for anyone who has expressed any interest in Dnotes/cryptos?" I will also support that, Mark.
On a different note:
This is by far the best article I have read regarding Greece’s debt crisis. If you are a serious observer, it is certainly worth reading. I am deeply concerned that the crisis will spread with very negative global impacts. Some “argued, it might create global financial shocks bigger than the collapse of Lehman Brothers did.” I hope not, but if the Chinese stock market continues its free fall, I may not be far from that camp. The last time, many major corporations got into serious financial trouble. This time around, it will include local governments, state governments, nations and their fiat currencies.
By THE NEW YORK TIMES UPDATED July 8, 2015
Liz Alderman, James Kanter, Jim Yardley, Jack Ewing, Niki Kitsantonis, Suzanne Daley, Karl Russell, Andrew Higgins and Peter Eavis contributed reporting.
“………….. How likely is there to be a ‘Grexit’?
At the height of the debt crisis a few years ago, many experts worried that Greece’s problems would spill over to the rest of the world. If Greece defaulted on its debt and exited the eurozone, they argued, it might create global financial shocks bigger than the collapse of Lehman Brothers did.
Now, however, some people believe that if Greece were to leave the currency union, in what is known as a “Grexit,” it wouldn’t be such a catastrophe. Europe has put up safeguards to limit the so-called financial contagion, in an effort to keep the problems from spreading to other countries. Greece, just a tiny part of the eurozone economy, could regain financial autonomy by leaving, these people contend — and the eurozone would actually be better off without a country that seems to constantly need its neighbors’ support.”
Read More:
http://www.nytimes.com/interactive/2015/business/international/greece-debt-crisis-euro.html?_r=0