Topic: It's not only Greece - page 2. (Read 1487 times)
The Greece default story has been widely spread and understood globally and along with those stories, the tales of bitcoin were also supposed to be talked about, by a lot of people about how 'it could' save Greece from its eurozone tragedy. Sadly, nobody can save Greece. Regardless of that, the media talked about bitcoin and it got attention globally, on an appropriate scale.
Looking at Google Trends - you can see that there has been a spike in Bitcoin search traffic coming from Greece.
But it's not the only place. Both Argentina and Venezuela (among others) have seen a spike over the past month or two as well. I wonder why...
Not suprise there. Argentina and Venezuela with some others countries of South America have very unstable economy plagued by huge inflation, volatile national currency, low GDP and restricted laws for citizens who want to invest money abroad. I think people are starting to notice that Bitcoin could be a help to overcome all these problems. But it's not the only place. Both Argentina and Venezuela (among others) have seen a spike over the past month or two as well. I wonder why...
I'm Brasilian, but I'm living in Greece now. I can see the problemes here all the time.
I like de Trestor's idea, I think that gonna be a good solution.
https://sg.finance.yahoo.com/news/greece-investors-cash-amidst-capital-122300239.html
I like de Trestor's idea, I think that gonna be a good solution.
https://sg.finance.yahoo.com/news/greece-investors-cash-amidst-capital-122300239.html
It will have a knock on effect and people will be interested in alternative ways to store their wealth. These sorts of crises in Greece etc wont be isolated events and more of them will happen over time. I think there'll be another major worldwide crisis within the next ten years as well. Maybe bitcoin could take a foothold if that did happen.
I completely agree with you about the importance of alternative stores of wealth in the future. With more countries defaulting in debt and financial institutions faltering, I'd imagine that other digital currencies (altcoins, perhaps?) may thrive as well. In today's financial ecosystem, I truly believe society is beginning to drift away from the traditional notion that banks are the only way to go. Actually, Trestor Foundation had recently caught my attention in the news. It seems that they are starting what appears to be a financial transaction revolution by implementing their digital currency into everyday use in countries like Cameroon and Greece. I'm interested to see how they progress, because what they're doing could really change the way we look at global transactions.
Here are the articles if anyone's intrigued:
http://www.financemagnates.com/cryptocurrency/news/trestor-reports-successful-pilot-of-digital-currency-in-cameroon/
http://seekingalpha.com/pr/13993045-greece-investors-cash-in-amidst-capital-controls
Sorry - I was having trouble pasting the image. Here's a link instead:
https://www.google.com/trends/explore#q=bitcoin&geo=AR%2C%20VE%2C%20GR&cmpt=geo&tz=Etc%2FGMT%2B4
Shows search interest for Bitcoin over time, from Argentina, Venezuela, and Greece.
https://www.google.com/trends/explore#q=bitcoin&geo=AR%2C%20VE%2C%20GR&cmpt=geo&tz=Etc%2FGMT%2B4
Shows search interest for Bitcoin over time, from Argentina, Venezuela, and Greece.
I'm Brasilian, but I'm living in Greece now. I can see the problemes here all the time.
I like de Trestor's idea, I think that gonna be a good solution.
https://sg.finance.yahoo.com/news/greece-investors-cash-amidst-capital-122300239.html
I like de Trestor's idea, I think that gonna be a good solution.
https://sg.finance.yahoo.com/news/greece-investors-cash-amidst-capital-122300239.html
Looking at Google Trends - you can see that there has been a spike in Bitcoin search traffic coming from Greece.
But it's not the only place. Both Argentina and Venezuela (among others) have seen a spike over the past month or two as well. I wonder why...
Right now,Greece is in a big crisis.All the banks are closed in Athens.But it's not the only place. Both Argentina and Venezuela (among others) have seen a spike over the past month or two as well. I wonder why...
So its pretty much difficult to get fiat in Greece right now.
Bitcoins are pretty much secure alternative to fiat.I think they are planning to change there currency to Bitcoins(just kidding
) .P.S can you please give the image link.Its not visible here.
I guess all the Greek stuff has woken people up a little who were previously asleep.
Argentina and Venezuela both have horrendously restrictive rules in place about moving money abroad and have had for a long time. Not only are you told how much you can spend, but you're also saddled with an 'official' exchange rate that bears no reflection on reality.
Check this - https://www.reddit.com/r/Bitcoin/comments/3buaay/grecian_here_some_thoughts_you_could_give_me_on/cspqz0e
Argentina and Venezuela both have horrendously restrictive rules in place about moving money abroad and have had for a long time. Not only are you told how much you can spend, but you're also saddled with an 'official' exchange rate that bears no reflection on reality.
Check this - https://www.reddit.com/r/Bitcoin/comments/3buaay/grecian_here_some_thoughts_you_could_give_me_on/cspqz0e
i can not see your image for comment, but everytime the fiat suffers, bitcoin becomes stronger, probably people search for a refuge in something else, and bitcoin is the easy refuge to get in
Bitcoin is digital gold and has a lot of potential! It will replace gold as world reserve currency! 
i can not see your image for comment, but everytime the fiat suffers, bitcoin becomes stronger, probably people search for a refuge in something else, and bitcoin is the easy refuge to get in
It will have a knock on effect and people will be interested in alternative ways to store their wealth. These sorts of crises in Greece etc wont be isolated events and more of them will happen over time. I think there'll be another major worldwide crisis within the next ten years as well. Maybe bitcoin could take a foothold if that did happen.
Looking at Google Trends - you can see that there has been a spike in Bitcoin search traffic coming from Greece.
But it's not the only place. Both Argentina and Venezuela (among others) have seen a spike over the past month or two as well. I wonder why...
https://bitcointalk.org/Users/PHL/Desktop/Screen Shot 2015-07-03 at 9.36.19 AM.png
But it's not the only place. Both Argentina and Venezuela (among others) have seen a spike over the past month or two as well. I wonder why...
https://bitcointalk.org/Users/PHL/Desktop/Screen Shot 2015-07-03 at 9.36.19 AM.png
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