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Author Topic: If you were Greek, would you buy BTC when the banks open next week?  (Read 1139 times)
freedomno1
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July 11, 2015, 07:12:13 AM
 #21

Greek banks have been closed for a week under threat of 30-50% haircut. Now, it looks like the can will be kicked down the road one more time with yet another bailout but few real structural changes.

http://www.theguardian.com/business/2015/jul/09/greece-debt-crisis-athens-accepts-harsh-austerity-as-bailout-deal-nears

If you were Greek, would you be talking about whether this could just happen all over again in 1-2 years? Bank closures, ATM lines, paypal not working, no access at all to your money.

If you were Greek, what would you do differently the second time around?



Lets see have a lot of money under the mattress or in Bitcoin
Buy Food, Pay the Landlord who is probably not going to be amused otherwise and make sure I have hard equity assets like Gold that can be sold for cash if things get worse.

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Amph
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July 11, 2015, 07:46:52 AM
 #22

i would have bought long before the crisis happened, actually it doesn matter if i were greece or not,m i would have acquire my btc like i did right now and i would not be fucked by the 60 euro limit
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