Bitcoin Forum

Bitcoin => Press => Topic started by: jdebunt on February 09, 2016, 09:45:00 AM



Title: [2016-02-09] Looming Italian Bank Run Makes Bitcoin More Viable
Post by: jdebunt on February 09, 2016, 09:45:00 AM
Trouble is brewing in the financial ecosystem in every part of the world, and chinks in the armor are becoming more apparent every day. One of the countries often overlooked during the turmoil in Asia and the crashing oil prices is Italy, even though this country’s banking crisis is spelling disaster for the entire Eurasian region. Bitcoin users might want to rethink their strategy of converting to fiat currency unless they have no other choice that is.

http://themerkle.com/news/looming-italian-bank-run-makes-bitcoin-more-viable/


Title: Re: [2016-02-09] Looming Italian Bank Run Makes Bitcoin More Viable
Post by: indiemax on February 09, 2016, 12:30:45 PM
I think bank runs could surface anywhere atm if this stock rout continues

Japan 10 year bonds just went negative :o


Title: Re: [2016-02-09] Looming Italian Bank Run Makes Bitcoin More Viable
Post by: BellaBitBit on February 09, 2016, 01:55:41 PM
We all thought the Greece fiasco would move more towards Bitcoin and that did not happen.  I am skeptical if Italy bank issues will have much of an effect on Bitcoin but we can hope.