There are serious capital controls implemented in Greece right now:
You can only withdraw €60 from your bank account in one day, and no overseas transfers.
That's insane!
If they'd switch to btc - then there would be no problems with protecting their savings.
I mean, blockchain can't just close and say 'oh no, we aren't working today - come tomorrow' like banks in Greece currently do.
I don' think so! At first the gov wouldn't adopt bitcoin as national currency! Even they maybe consider this idea, they can't afford to buy enough number of bitcoin as reserve currency. They are desperate for cash to repay the loan! The ppl's money are stuck in the bank as well! You can only withdraw €60 from your bank account in one day, and no overseas transfers.
That's insane!
If they'd switch to btc - then there would be no problems with protecting their savings.
I mean, blockchain can't just close and say 'oh no, we aren't working today - come tomorrow' like banks in Greece currently do.
