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Author Topic: Yanis Varoufa: Greece Will Adopt the Bitcoin If Eurogroup Doesn’t Give Us a Deal  (Read 672 times)
redsn0w (OP)
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April 01, 2015, 11:16:02 AM
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While Greece’s lenders are pushing the Greek government to accept their terms in order to allocate funds so the country will not go bankrupt, Greek Finance Minister Yanis Varoufakis seems to have another ace up his sleeve. The second top thinker in the world according to prospect magazine surprised even his closest aids at a secret meeting when he said “We ‘ve had enough, we ‘ll run on Bitcoin.”

Sources very closed to Greece’s minister of finance told Greek Reporter that today Yanis Varoufakis held a top secret meeting with high-ranking finance ministry officials to prepare them in case negotiations at the upcoming Eurogroup fail. The anonymous source noted that everybody in the room was staring at each other when Varoufakis – also a prominent blogger – said “We ‘ll go to Bitcoin, we will be ahead of all the world economies and although it may be painful in the beginning, Greece’s economy will thrive in the long term.”

The Greek Finance Minister went on to explain what is the cryptocurrency and how it will be implemented into Greeks’ day to day life by using a special mini computerized card with a chip. All citizens will carry the card as an electronic wallet. The card will be distributed for free to all Greek citizens via the local tax offices but it will also be available for purchase at the country’s entry points for 45 euros, or 0,20 Bitcoin each. The sale of the card to tourists is expected to be another form of revenue for cash-strapped Greece.


http://greece.greekreporter.com/2015/04/01/yanis-varoufakis-greece-will-adopt-the-bitcoin-if-eurogroup-doesnt-give-us-a-deal/

 Grin
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April 01, 2015, 11:30:51 AM
 #2

While Greece’s lenders are pushing the Greek government to accept their terms in order to allocate funds so the country will not go bankrupt, Greek Finance Minister Yanis Varoufakis seems to have another ace up his sleeve. The second top thinker in the world according to prospect magazine surprised even his closest aids at a secret meeting when he said “We ‘ve had enough, we ‘ll run on Bitcoin.”

Sources very closed to Greece’s minister of finance told Greek Reporter that today Yanis Varoufakis held a top secret meeting with high-ranking finance ministry officials to prepare them in case negotiations at the upcoming Eurogroup fail. The anonymous source noted that everybody in the room was staring at each other when Varoufakis – also a prominent blogger – said “We ‘ll go to Bitcoin, we will be ahead of all the world economies and although it may be painful in the beginning, Greece’s economy will thrive in the long term.”

The Greek Finance Minister went on to explain what is the cryptocurrency and how it will be implemented into Greeks’ day to day life by using a special mini computerized card with a chip. All citizens will carry the card as an electronic wallet. The card will be distributed for free to all Greek citizens via the local tax offices but it will also be available for purchase at the country’s entry points for 45 euros, or 0,20 Bitcoin each. The sale of the card to tourists is expected to be another form of revenue for cash-strapped Greece.


http://greece.greekreporter.com/2015/04/01/yanis-varoufakis-greece-will-adopt-the-bitcoin-if-eurogroup-doesnt-give-us-a-deal/

 Grin
It does not look as if he fully understands Bitcoin.  From the article...

“This is the smartest move to beat corruption and tax evasion, all transactions will be recorded to the Greek Ministry of Finance new secure and dedicated Bitcoin servers and we ‘ll be able to track transanctions at any given moment,” said Varoufakis defending his decision.
abyrnes81
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April 01, 2015, 11:34:38 AM
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While Greece’s lenders are pushing the Greek government to accept their terms in order to allocate funds so the country will not go bankrupt, Greek Finance Minister Yanis Varoufakis seems to have another ace up his sleeve. The second top thinker in the world according to prospect magazine surprised even his closest aids at a secret meeting when he said “We ‘ve had enough, we ‘ll run on Bitcoin.”

Sources very closed to Greece’s minister of finance told Greek Reporter that today Yanis Varoufakis held a top secret meeting with high-ranking finance ministry officials to prepare them in case negotiations at the upcoming Eurogroup fail. The anonymous source noted that everybody in the room was staring at each other when Varoufakis – also a prominent blogger – said “We ‘ll go to Bitcoin, we will be ahead of all the world economies and although it may be painful in the beginning, Greece’s economy will thrive in the long term.”

The Greek Finance Minister went on to explain what is the cryptocurrency and how it will be implemented into Greeks’ day to day life by using a special mini computerized card with a chip. All citizens will carry the card as an electronic wallet. The card will be distributed for free to all Greek citizens via the local tax offices but it will also be available for purchase at the country’s entry points for 45 euros, or 0,20 Bitcoin each. The sale of the card to tourists is expected to be another form of revenue for cash-strapped Greece.


http://greece.greekreporter.com/2015/04/01/yanis-varoufakis-greece-will-adopt-the-bitcoin-if-eurogroup-doesnt-give-us-a-deal/

 Grin
It does not look as if he fully understands Bitcoin.  From the article...

“This is the smartest move to beat corruption and tax evasion, all transactions will be recorded to the Greek Ministry of Finance new secure and dedicated Bitcoin servers and we ‘ll be able to track transanctions at any given moment,” said Varoufakis defending his decision.

I think it is another april fool , by http://greece.greekreporter.com/ (but I am not fully convinced). "According to a source close to the Greek Prime Minster the Finance Ministry is planning to hold free special seminars for all Greek citizens on how to use the Bitcoin. As of today a forum on the Bitcoin and its use has been set up in Greek here.  It is expected that the Greek Economy will be running on Euro and Bitcoin simultaneously at least for one year until all citizens get familiar with the use of the digital currency.

The next crucial Eurogroup for Greece’s future should be held in the next two weeks" We should wait.
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April 01, 2015, 01:57:26 PM
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Another April fool. Considering Greece is bankrupt, they couldn't afford to buy the BTC with which to pay the civil servants.

I used to be a citizen and a taxpayer. Those days are long gone.
NUFCrichard
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April 01, 2015, 02:17:09 PM
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While Greece’s lenders are pushing the Greek government to accept their terms in order to allocate funds so the country will not go bankrupt, Greek Finance Minister Yanis Varoufakis seems to have another ace up his sleeve. The second top thinker in the world according to prospect magazine surprised even his closest aids at a secret meeting when he said “We ‘ve had enough, we ‘ll run on Bitcoin.”

Sources very closed to Greece’s minister of finance told Greek Reporter that today Yanis Varoufakis held a top secret meeting with high-ranking finance ministry officials to prepare them in case negotiations at the upcoming Eurogroup fail. The anonymous source noted that everybody in the room was staring at each other when Varoufakis – also a prominent blogger – said “We ‘ll go to Bitcoin, we will be ahead of all the world economies and although it may be painful in the beginning, Greece’s economy will thrive in the long term.”

The Greek Finance Minister went on to explain what is the cryptocurrency and how it will be implemented into Greeks’ day to day life by using a special mini computerized card with a chip. All citizens will carry the card as an electronic wallet. The card will be distributed for free to all Greek citizens via the local tax offices but it will also be available for purchase at the country’s entry points for 45 euros, or 0,20 Bitcoin each. The sale of the card to tourists is expected to be another form of revenue for cash-strapped Greece.


http://greece.greekreporter.com/2015/04/01/yanis-varoufakis-greece-will-adopt-the-bitcoin-if-eurogroup-doesnt-give-us-a-deal/

 Grin
It does not look as if he fully understands Bitcoin.  From the article...

“This is the smartest move to beat corruption and tax evasion, all transactions will be recorded to the Greek Ministry of Finance new secure and dedicated Bitcoin servers and we ‘ll be able to track transanctions at any given moment,” said Varoufakis defending his decision.

I think it is another april fool , by http://greece.greekreporter.com/ (but I am not fully convinced). "According to a source close to the Greek Prime Minster the Finance Ministry is planning to hold free special seminars for all Greek citizens on how to use the Bitcoin. As of today a forum on the Bitcoin and its use has been set up in Greek here.  It is expected that the Greek Economy will be running on Euro and Bitcoin simultaneously at least for one year until all citizens get familiar with the use of the digital currency.

The next crucial Eurogroup for Greece’s future should be held in the next two weeks" We should wait.

I fell for it too, it is an April fool.
Zerohedge have it on their website and they have a link to April Fools Day wiki, so it is safe to say Greece won't be adopting Bitcoin anytime soon.
MF Doom
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April 01, 2015, 02:26:36 PM
 #6

Another April fool. Considering Greece is bankrupt, they couldn't afford to buy the BTC with which to pay the civil servants.

yes its a joke, I hope no one on here goes and panic buys after seeing this!!
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April 01, 2015, 03:10:54 PM
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Ugh, the problem with April fools is everybody tries to play pranks so you can't trust anything anybody ever writes or says but the problem is some of it could be something somebody has actually done with how stupid people are.
bryant.coleman
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April 01, 2015, 03:12:46 PM
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Varoufakis will be killed by the bankers before he could implement any such measure. If the assassination attempt fails, then there is a strong chance that NATO will invade Greece and take over its financial system.
redsn0w (OP)
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April 01, 2015, 03:25:08 PM
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Yes , it is an april fool. Check the tweet that Yanis Varoufa made  :

Mr Omorfantras
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April 02, 2015, 11:36:26 AM
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Varoufakis will be killed by the bankers before he could implement any such measure. If the assassination attempt fails, then there is a strong chance that NATO will invade Greece and take over its financial system.

This means nuclear war. Do they have the balls to do it? I don't think so. NATO is pussy.
Beliathon
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April 02, 2015, 02:57:07 PM
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Varoufakis will be killed by the bankers before he could implement any such measure. If the assassination attempt fails, then there is a strong chance that NATO will invade Greece and take over its financial system.

This means nuclear war. Do they have the balls to do it? I don't think so. NATO is pussy.
The thing you need to understand about Nuclear war, is that the people who get to make such decisions (and their families) will be safely tucked away in a secret underground bunker.

The state-brainwashed military peasants carrying out the orders will be witlessly condemning themselves and their families to death. They may not even know what's in the bomb bay of the plane they're flying.

Nuclear war genocide is thus the ultimate cowardice, the antithesis of Bushido, the total rejection of honor. Humanity's final, fatal ethical failure.

Remember Aaron Swartz, a 26 year old computer scientist who died defending the free flow of information.
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