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Author Topic: If Greece leaves Euro - effect on BTC?  (Read 3110 times)
Cconvert2G36
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June 29, 2015, 03:21:32 AM
 #41

Greece leaving the euro may have an impact on the tax payers of the countries who hold the most debt from there, probably Germany maybe France, i cannot see this as even related to the btc economy really directly though

It's not. But neither was Cyprus. It does make people think about where and how all their paper wealth is stored.
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Biodom
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June 29, 2015, 04:15:45 AM
 #42

Bitcoin is not a salvation for greeks at the moment, but it might be different in the future.
As far as greeks are concerned, just imagine how terrible would you feel if the money you had in the bank is suddenly unavailable to you, as it is to greeks.
euro 60/day from tuesday sounds more like an allowance than anything else. Greeks rights are certainly trampled (hopefully, only for a short while).
I think that both parties in the negotiation behaved inappropriately, and that's a tragedy.

Short term-no or marginal effect on btc.
Amph
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June 29, 2015, 09:44:36 AM
 #43

nothing

nobody will look to bitcoin unless the dollar shows weakness

and even then they will look at euro, or some other fiat, i don't remember the strongest after euro, so bitcoin will not be their first choice unless the whole centralized economy collapse, and surely will not happen overnight will the Grexit

also if someone really think that a poor country like Greek with all the problems that they have about their economy, will start to buy bitcoin and to rise the price to permit that at random strangers or early adopters to dump it afterward, you are only fool yourself
jenifer0012
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July 04, 2015, 04:21:33 AM
 #44

Greece leaving Euro and adopting bitcoin shouldn't have a drastic effect on the bitcoins imo. Though with the decline of faith in fiat money, the bitcoins will be appreciated more. Greece adopting bitcoins will only result in the rise in prices of the bitcoins!

panju1
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July 04, 2015, 04:34:19 AM
 #45

Greece leaving Euro and adopting bitcoin shouldn't have a drastic effect on the bitcoins imo.

Greece adopting Bitcoin is just not possible. The people may prefer it, but the government can't implement it officially. It is broke, it just cant buy bitcoins.  Cheesy
moneyflow
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July 04, 2015, 02:08:35 PM
 #46

Greece leaving the euro, without any doubts will have a VERY positive effect on the BTC.
1. it will encourage other nations to adopt bitcoin, in fact it will make nations which have banned bitcoins to change their minds and give bitcoin a try
2. bitcoin will become a true global currency over time
3. the rates of the bitcoin will rise with more people losing faith in fiat money and appreciating bitcoins
wakasaki808
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July 04, 2015, 03:18:26 PM
 #47

If greece adopt btc as currency will be like tales history, with ponies and weed.
vanobe
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July 04, 2015, 05:14:47 PM
 #48

Greece leaving Euro and adopting bitcoin shouldn't have a drastic effect on the bitcoins imo.

Greece adopting Bitcoin is just not possible. The people may prefer it, but the government can't implement it officially. It is broke, it just cant buy bitcoins.  Cheesy

All the Greek government can afford to do is start printing Drachmas again if it stops using the Euro. It only needs to buy blank paper and ink. Buying Bitcoins would be immensely more expensive and would only work for computer literate people. Most countries, including Greece, have an aging population, many of whom are not computer literate.
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