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Advantages of Bitcoin over Euro
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Topic: Advantages of Bitcoin over Euro (Read 490 times)
bitbadger
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Advantages of Bitcoin over Euro
March 26, 2013, 06:02:15 AM
#1
The details of the Cyprus Eurozone bailout mean this is the first time bank depositors have been called upon to rescue a currency at their expense.
A proportion of deposits beyond $100,00 will be confiscated to help pay for the bailout.
This may set a precedent as a method for dealing with future Eurozone crises.
This has me thinking that this is where Bitcoin has a big advantage. Bitcoin is out of the way of the mainstream banking system and can't be touched by bankers or politicians.
At least as things stand at present.
freedomno1
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Learning the troll avoidance button :)
Re: Advantages of Bitcoin over Euro
March 26, 2013, 07:59:44 AM
#2
Currency won't collapse unless its replaced by a better model 1 for Bitcoin
Well and all the bitcoin wiki replies
Believing in Bitcoins and it's ability to change the world
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