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Topic: Yanis-Varoufakis-Greece, Bitcoin WILL save them from Europe. It won't be pretty. (Read 6213 times)

hero member
Activity: 547
Merit: 502
http://www.ekathimerini.com/4dcgi/_w_articles_wsite2_1_03/03/2015_547856

Instead of stimulating business growth they now want to waste time and $$$ to analyze bank accounts of the unemployed?  There will ALWAYS be people who cheat the system.  Implement a system that creates an acceptable amount of "tax slippage" and move on, you will never be able to collect every bit of taxes.

When will citizens start demanding their elected PUBLIC officials start using a PUBLIC ledger for expenditures?
member
Activity: 112
Merit: 10
I have been trying to get blockchains and Bitcoin going in Albania too. If you think property rights are a problem in Greece, you have not seen their neighbors to the West.
legendary
Activity: 1904
Merit: 1074
Max Keiser is addressing it in his program:

Keiser Report: Can Bitcoin save Greece? (E724)
https://www.youtube.com/watch?v=3s7UVY5yv7Y
Nothing can save Greece.

They want to consume more than they produce, forever.

There's no way to make that happen anywhere in the world

This is one of the best posts in a this thread. Followed by the suggestion for them to create their own crypto coin or even adapt a coin besides bitcoin, hint there are several with good security to choose from.


However, if greece wants to save themselves then they should take a page from iceland. Put the bankers and politicians who caused the mess in jail. The greece debt is a fraud against their people. Jail the fucking bankers, like iceland did. Does iceland need bitcoin to save iceland?

I like the way you think...  Wink

The problem with this, most bankers are backed by government and politicians are voted by the public. The people should elect the right people and they will keep the bankers in place.

Your "vote" is your strongest tool to correct the wrongs in your country.

If you throw all of them in jail, you will create a experience vacuume, that needs to be filled with unknown new entities, at possibly higher salaries.

Not all of them are corrupt, rather identify the corrupt individuals and get rid of them to set the example to the rest. 
legendary
Activity: 2940
Merit: 1865
...

Beliathon

Greece may be just getting warmed up.  Historically, countries can fall a long way down until they hit bottom.  The violence may come later.

I would characterize Greece's plight NOT as a failure of Capitalism because it was never tried in Greece.  Greece has had a corrupt oligarchy running the place...  If I had had Greek in-laws, there would have been NO WAY we could have built a business, from scratch, to the success we have had in PERU.

*   *   *

+ 1 for your observation that a monster global iceberg may be lurking...

The rest of Europe is not looking good either (ex-Germany).  The USA has its own problems that are likely to get worse (IMO).

Japan is very weak.  Even China has big problems not often recognized by casual observers.
hero member
Activity: 784
Merit: 1000
https://youtu.be/PZm8TTLR2NU
Greece today is a direct view of the ongoing divorce between capitalism and democracy. All things considered I would have expected much more violence.

Or maybe Greece is just the tip of a monster iceberg globally. Is anyone still steering this ship? Methinks not.
sr. member
Activity: 350
Merit: 250
Max Keiser is addressing it in his program:

Keiser Report: Can Bitcoin save Greece? (E724)
https://www.youtube.com/watch?v=3s7UVY5yv7Y
Nothing can save Greece.

They want to consume more than they produce, forever.

There's no way to make that happen anywhere in the world

This is one of the best posts in a this thread. Followed by the suggestion for them to create their own crypto coin or even adapt a coin besides bitcoin, hint there are several with good security to choose from.


However, if greece wants to save themselves then they should take a page from iceland. Put the bankers and politicians who caused the mess in jail. The greece debt is a fraud against their people. Jail the fucking bankers, like iceland did. Does iceland need bitcoin to save iceland?

Lol, tons of Greece people are legit poor these days, they can't even eat and pay basic necesities, how do they want to consume more than they want to produce if they can't even meet basic needs.

This is why they need to walk away from the euro while adopting a debt free currency.. You make it sound like the mess throughout the euro, not just greece is going to go away if greece can somehow pay its debts… that is nonsense, they might be able to kick the can down the road by a few more years but I'm not sure who benefits except from a very small pool of bankers, who for all i can drown at the bottom of. Eventually everyone will go hungry at this rate.
sr. member
Activity: 350
Merit: 250
Max Keiser is addressing it in his program:

Keiser Report: Can Bitcoin save Greece? (E724)
https://www.youtube.com/watch?v=3s7UVY5yv7Y
Nothing can save Greece.

They want to consume more than they produce, forever.

There's no way to make that happen anywhere in the world

This is one of the best posts in a this thread. Followed by the suggestion for them to create their own crypto coin or even adapt a coin besides bitcoin, hint there are several with good security to choose from.


However, if greece wants to save themselves then they should take a page from iceland. Put the bankers and politicians who caused the mess in jail. The greece debt is a fraud against their people. Jail the fucking bankers, like iceland did. Does iceland need bitcoin to save iceland?

Yes their economy is crap and capital controls are at an all time high.

Its very difficult to import anything and or to move money where you want to….

Have you heard of auroacoin… It was a good idea and still is, perhaps a few years to early and employed in the wrong or rushed way.
hero member
Activity: 700
Merit: 501
Max Keiser is addressing it in his program:

Keiser Report: Can Bitcoin save Greece? (E724)
https://www.youtube.com/watch?v=3s7UVY5yv7Y
Nothing can save Greece.

They want to consume more than they produce, forever.

There's no way to make that happen anywhere in the world

This is one of the best posts in a this thread. Followed by the suggestion for them to create their own crypto coin or even adapt a coin besides bitcoin, hint there are several with good security to choose from.


However, if greece wants to save themselves then they should take a page from iceland. Put the bankers and politicians who caused the mess in jail. The greece debt is a fraud against their people. Jail the fucking bankers, like iceland did. Does iceland need bitcoin to save iceland?

Lol, tons of Greece people are legit poor these days, they can't even eat and pay basic necesities, how do they want to consume more than they want to produce if they can't even meet basic needs.
legendary
Activity: 1462
Merit: 1025
i love Emerald (EMD)
if greece leaves the eurozone, shortly portuguese, spain, italy, france will follow
the end of united europe will come

and why germany refuses the return of their loan of 476 Bilion Reichsmark to greece taken in second world war ?

hero member
Activity: 882
Merit: 1000
Max Keiser is addressing it in his program:

Keiser Report: Can Bitcoin save Greece? (E724)
https://www.youtube.com/watch?v=3s7UVY5yv7Y
Nothing can save Greece.

They want to consume more than they produce, forever.

There's no way to make that happen anywhere in the world

This is one of the best posts in a this thread. Followed by the suggestion for them to create their own crypto coin or even adapt a coin besides bitcoin, hint there are several with good security to choose from.


However, if greece wants to save themselves then they should take a page from iceland. Put the bankers and politicians who caused the mess in jail. The greece debt is a fraud against their people. Jail the fucking bankers, like iceland did. Does iceland need bitcoin to save iceland?
legendary
Activity: 1358
Merit: 1014
maybe Satoshi Nakamoto and Bitcoin technology is deus ex machina for Greek economy. I think in the next month we will see many suprises from Varoufakis and the greek goverment.
They don't have the balls needed to be insane enough to accept Bitcoin... the first that does it is risking a lot since its experimental.
legendary
Activity: 3430
Merit: 1142
Ιntergalactic Conciliator
maybe Satoshi Nakamoto and Bitcoin technology is deus ex machina for Greek economy. I think in the next month we will see many suprises from Varoufakis and the greek goverment.
full member
Activity: 154
Merit: 100
Why Greece Should Not Switch To Bitcoin

In some discussions about Greece exiting the euro, it has been suggested that Greece should swap the euro for bitcoin. At first glance, bitcoin may appear to be the cure. But if the euro is the problem, switching to Bitcoin would be like trying to cure a headache with a bullet to the brain.

http://techcrunch.com/2015/02/28/why-greece-should-not-switch-to-bitcoin/?ncid=rss

It would be pretty bullish for Bitcoin if Greece adopted it Grin
After reading Yanis Varoufakis' blog posts I see a good chance that he introduces some other form of cryptocurrency e.g. his FTaxCoin idea. This would draw a lot of international attention to the world of cryptos and would also be quite bullish for Bitcoin.
hero member
Activity: 722
Merit: 500
nothing can save Greece, they are fU%£ed  Grin
hero member
Activity: 1022
Merit: 500
Why Greece Should Not Switch To Bitcoin

In some discussions about Greece exiting the euro, it has been suggested that Greece should swap the euro for bitcoin. At first glance, bitcoin may appear to be the cure. But if the euro is the problem, switching to Bitcoin would be like trying to cure a headache with a bullet to the brain.

http://techcrunch.com/2015/02/28/why-greece-should-not-switch-to-bitcoin/?ncid=rss

It would be pretty bullish for Bitcoin if Greece adopted it Grin
legendary
Activity: 1148
Merit: 1014
In Satoshi I Trust
Why Greece Should Not Switch To Bitcoin

In some discussions about Greece exiting the euro, it has been suggested that Greece should swap the euro for bitcoin. At first glance, bitcoin may appear to be the cure. But if the euro is the problem, switching to Bitcoin would be like trying to cure a headache with a bullet to the brain.

http://techcrunch.com/2015/02/28/why-greece-should-not-switch-to-bitcoin/?ncid=rss
legendary
Activity: 1260
Merit: 1002
Max Keiser is addressing it in his program:

Keiser Report: Can Bitcoin save Greece? (E724)
https://www.youtube.com/watch?v=3s7UVY5yv7Y

lol dat troll Grin
legendary
Activity: 1904
Merit: 1074
Is there a better time for Andreas to visit Greece? {His country of origin, correct me if I am wrong?} They need the proper guidance to get out of this mess.

It's a pity hardware wallets like the Trezor is so expensive... It would be a great tool to help these people. {It will also solve the security concerns... I do not know of any hacking losses with a Trezor}

Companies like Coinbase / BitPay should also aggresively reach out to these people, to bring solutions to the lack of merchants who accepts Bitcoin in Greece.

This is not going to play out very good to the average to poor people in Greece.  Angry

sr. member
Activity: 350
Merit: 250
Bitcoin is always on the table as an option. Everyday, week, month that goes on and nothing happens with the debt in the country, the closer they come to defaulting on debt, banks shutting down, and bitcoin becomes an ever increasing option. Finance Minister is fully aware of bitcoin and crypto currency, they have the option to change the world here. The banks are also running out of options.. On the heals of Bank of englands article that came out the other day and the debt deals that keep falling apart, I can imagine Bitcoin is soon going to be on the tip of Yanis Varoufakis's tongue
legendary
Activity: 1400
Merit: 1013
Max Keiser is addressing it in his program:

Keiser Report: Can Bitcoin save Greece? (E724)
https://www.youtube.com/watch?v=3s7UVY5yv7Y
Nothing can save Greece.

They want to consume more than they produce, forever.

There's no way to make that happen anywhere in the world
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