Bitcoin Forum

Greece protesters are making a 48 hour strike, also things are turning violent and they plan in overthrowing their own government, and there are talks of causing bank runs in Greece with intention to force a default.

Protesters in other european countries seemly agree, even if partially.

As soon Spain get hit with shit, the Euro will crumble, as Spain is too big to be bailed.

So I suggest everyone with Euro to withdraw all of it and buy BTC, gold, cars, house, swiss money, whatever... Just do not hold it.

Yes, if everyone follow my suggestion a bank run will ensue... but rank run will ensue anyway, I am only suggesting to bitcoiners do it before everyone else, the last ones to withdraw usually are left without anything, you do not want to be the last one.


Also live feed of the protests and riots in Athens: http://www.livestream.com/stopcarteltvgr

I only keep my debt in the Eurozone......maybe it's time to max out the Euro credit card* ;)

*not really a smart strategy.

Maxing out debt is kinda risky...

Although you can open bank account in the ones with most greek, spanish, portuguese and irish contagion and get lots of debt there :P

Although kinda risky, if the bank does not go bankrupt you are screwed.

I'd be more betting on the value of the Euro collapsing.....

So say...

go out...buy a tonne of stuff on the cc at x amount of euros
wait.....value of euro drops....use my holdings of btc(or any other store of value) to pay back debt at a far better rate....
? ?? ??
Profit!!!

;)

There would be a lot of if's running on this one... :)

Then again....could just play the same game of arbitrage on ebay against merchants who don't revalue what they are selling.