Bitcoin Forum
July 23, 2019, 05:06:17 PM *
News: Latest Bitcoin Core release: 0.18.0 [Torrent] (New!)
 
   Home   Help Search Login Register More  
Pages: [1] 2 3 4 5 »  All
  Print  
Author Topic: Will Bitcoin 'save' Greece?  (Read 3369 times)
iliasyaco
Sr. Member
****
Offline Offline

Activity: 440
Merit: 274



View Profile
June 30, 2015, 09:05:28 PM
 #1

 Huh
What is your opinion about Bitcoin & Greece

Crypto Anarchy
1563901577
Hero Member
*
Offline Offline

Posts: 1563901577

View Profile Personal Message (Offline)

Ignore
1563901577
Reply with quote  #2

1563901577
Report to moderator
Advertised sites are not endorsed by the Bitcoin Forum. They may be unsafe, untrustworthy, or illegal in your jurisdiction. Advertise here.
1563901577
Hero Member
*
Offline Offline

Posts: 1563901577

View Profile Personal Message (Offline)

Ignore
1563901577
Reply with quote  #2

1563901577
Report to moderator
batesresearch
Legendary
*
Offline Offline

Activity: 1946
Merit: 1058


View Profile WWW
June 30, 2015, 09:06:57 PM
 #2

Huh
What is your opinion about Bitcoin & Greece

What do you think?

Fallen down the crypto rabbithole!
croTek4
Sr. Member
****
Offline Offline

Activity: 393
Merit: 250


the Cat-a-clysm.


View Profile
June 30, 2015, 09:08:32 PM
 #3

At this point its too late for anything to save Greece, fiat currency has already done its damage. It may push some people to realize that governments controlling money is not a good idea, and begin their way to financial freedom.

Catether is an open source mineable ERC20 Token, powered by Cates.
iliasyaco
Sr. Member
****
Offline Offline

Activity: 440
Merit: 274



View Profile
June 30, 2015, 09:18:02 PM
 #4

Well i think their money is on the bank, where it can still be seized. it only helps the one who already got bitcoin.. Cry

Crypto Anarchy
batesresearch
Legendary
*
Offline Offline

Activity: 1946
Merit: 1058


View Profile WWW
June 30, 2015, 09:22:08 PM
 #5

Well i think their money is on the bank, where it can still be seized. it only helps the one who already got bitcoin.. Cry

Very true! Maybe we need to start to investigate how we could build the right system to help people like the Greek understand how Bitcoin can help them.

Fallen down the crypto rabbithole!
gustav
Hero Member
*****
Offline Offline

Activity: 602
Merit: 500


View Profile
June 30, 2015, 10:10:13 PM
 #6

btc isn't helping greece people at all with this volatility and the incoming doom with the gavincoin-attack. Marketcap could evaporate within a day or two. It's not helping anyone with Gavin attacking it in the background.

I think greek people will go back using silver and gold other things as currency. Maybe still the euro after leaving euro zone or Us-Dollar. There is enough tangible options for greeks. No need for them to mess with this digital stuff which most of them would delete anyways.

Greeks will go with Euro, Ruble, Us-Dollar, Silver, Cigarettes and Ouzo for currency but not bitcoin (thanks to latest drama surrounding Gavin)
croTek4
Sr. Member
****
Offline Offline

Activity: 393
Merit: 250


the Cat-a-clysm.


View Profile
June 30, 2015, 10:18:08 PM
 #7

btc isn't helping greece people at all with this volatility and the incoming doom with the gavincoin-attack. Marketcap could evaporate within a day or two. It's not helping anyone with Gavin attacking it in the background.

I think greek people will go back using silver and gold other things as currency. Maybe still the euro after leaving euro zone or Us-Dollar. There is enough tangible options for greeks. No need for them to mess with this digital stuff which most of them would delete anyways.

Greeks will go with Euro, Ruble, Us-Dollar, Silver, Cigarettes and Ouzo for currency but not bitcoin (thanks to latest drama surrounding Gavin)


For some reason I don't think you intended the focal point of your post to be on Greece.

Catether is an open source mineable ERC20 Token, powered by Cates.
ingiltere
Legendary
*
Offline Offline

Activity: 1512
Merit: 1019


View Profile
June 30, 2015, 10:30:19 PM
 #8

No it's not.
They're run out "fiat money" that's why they have economical crysis. Why're they moneyless? Because they don't "work", they don't "produce", so they don't "export products" to have money.
Even if they adopt bitcoin they have to work to get bitcoin. Problem is that they don't work.

They need Merkel's (Germans' Discipline) Smiley
unamis76
Legendary
*
Offline Offline

Activity: 1456
Merit: 1001


View Profile
June 30, 2015, 10:38:30 PM
 #9

Bitcoin cannot save Greece. As many people said in the forums, me included, Greece's problem is not currency... It's debt. Bitcoin wouldn't solve their problem!
Xialla
Legendary
*
Offline Offline

Activity: 1036
Merit: 1000


/dev/null


View Profile
June 30, 2015, 10:44:52 PM
 #10

nope for sure, and here is why:

Code:
If Greeks already have cash in hand, bitcoin is unnecessary. If they don’t, then bitcoin is unattainable. It’s a bank liquidity crisis.

source: https://twitter.com/aantonop/status/615571506630905856

they just have debts and EU (Germany) simply don't want to fund this party anymore. anyway, true madness will start, once they we regain access to their money in banks again..
CEG5952
Hero Member
*****
Offline Offline

Activity: 658
Merit: 500

Buy and sell bitcoins,


View Profile
June 30, 2015, 10:48:09 PM
 #11

Greece has already reached its limits. Their debt in IMF is already close on deadline or as I type this statement, they're already pass the deadline. Bitcoin can't do anything about their debt.

nope for sure, and here is why:

Code:
If Greeks already have cash in hand, bitcoin is unnecessary. If they don’t, then bitcoin is unattainable. It’s a bank liquidity crisis.

source: https://twitter.com/aantonop/status/615571506630905856

they just have debts and EU (Germany) simply don't want to fund this party anymore. anyway, true madness will start, once they we regain access to their money in banks again..

I mean who would fund Greece? They can't even pay the interest.

lorylore
Legendary
*
Offline Offline

Activity: 1470
Merit: 1002



View Profile
June 30, 2015, 10:50:39 PM
 #12

Even if the Greeks themselves aren't responsible for the sudden rise in the Bitcoin price, it doesn't mean the Greek debt crisis isn't driving it…
ingiltere
Legendary
*
Offline Offline

Activity: 1512
Merit: 1019


View Profile
June 30, 2015, 10:51:02 PM
 #13

Greece has already reached its limits. Their debt in IMF is already close on deadline or as I type this statement, they're already pass the deadline. Bitcoin can't do anything about their debt.

nope for sure, and here is why:

Code:
If Greeks already have cash in hand, bitcoin is unnecessary. If they don’t, then bitcoin is unattainable. It’s a bank liquidity crisis.

source: https://twitter.com/aantonop/status/615571506630905856

they just have debts and EU (Germany) simply don't want to fund this party anymore. anyway, true madness will start, once they we regain access to their money in banks again..

I mean who would fund Greece? They can't even pay the interest.
It's a long shot but Turkey may loan money to Greece.
Turkish Prime minister says "We paid our debt to IMF and now we're in a position to loan money to IMF". Also current PM said that "Greek people may come and work in Turkey". So I guess current Turkish gov may loan money. If they don't pay debt then maybe we have some of the islands in Aegean sea Smiley
vendetahome
Hero Member
*****
Offline Offline

Activity: 658
Merit: 500


View Profile
June 30, 2015, 10:57:39 PM
 #14

oh i did not even know that greece case will increase the price of bitcoins so much, i think i need to pay more attention what happens in politics these days
BADecker
Legendary
*
Offline Offline

Activity: 2072
Merit: 1109


View Profile
June 30, 2015, 11:12:40 PM
 #15

Greece is a German Civil Law country. This essentially means that the government rules, and that there isn't any freedom except what the government allows. Does the government of Greece allow Bitcoin?

If the people don't take the government down en masse, the government is dictator. If the government is smart, they will do what it takes to keep the people appeased enough that there is no revolution. This means some Bitcoin, but not enough to make any real difference.

Smiley

Don't be afraid to donate Bitcoin >>> 1JDJotyxZLFF8akGCxHeqMkD4YrrTmEAwz !
ticoti
Hero Member
*****
Offline Offline

Activity: 840
Merit: 1000


View Profile
June 30, 2015, 11:23:31 PM
 #16

It is not really known there,and it has not produced many impact on bitcoin,maybe now some people is hearing about it, but it will not reach to many people
aso118
Legendary
*
Offline Offline

Activity: 1918
Merit: 1012


★Nitrogensports.eu★


View Profile
July 01, 2015, 01:17:06 AM
 #17

Even if the Greeks themselves aren't responsible for the sudden rise in the Bitcoin price, it doesn't mean the Greek debt crisis isn't driving it…

Absolutely.
Fear of the contagion effect, uncertainty about Grexit's impact on Europe, etc may drive people to buy bitcoins. Even people in China and Russia could be buying bitcoins because of the Greek debt crisis.


           █████████████████     ████████
          █████████████████     ████████
         █████████████████     ████████
        █████████████████     ████████
       ████████              ████████
      ████████              ████████
     ████████     ███████  ████████     ████████
    ████████     █████████████████     ████████
   ████████     █████████████████     ████████
  ████████     █████████████████     ████████
 ████████     █████████████████     ████████
████████     ████████  ███████     ████████
            ████████              ████████
           ████████              ████████
          ████████     █████████████████
         ████████     █████████████████
        ████████     █████████████████
       ████████     █████████████████
▄▄
██
██
██
██
██
██
██
██
██
██     
██
██
▬▬ THE LARGEST & MOST TRUSTED ▬▬
      BITCOIN SPORTSBOOK     
   ▄▄
██
██
██
██
██
██
██
██
██
██     
██
██
             ▄▄▄▄▀▀▀▀▄
     ▄▄▄▄▀▀▀▀        ▀▄▄▄▄           
▄▀▀▀▀                 █   ▀▀▀▀▀▀▀▄▄
█                    ▀▄          █
 █   ▀▌     ██▄        █          █               
 ▀▄        ▐████▄       █        █
  █        ███████▄     ▀▄       █
   █      ▐████▄█████████████████████▄
   ▀▄     ███████▀                  ▀██
    █      ▀█████    ▄▄        ▄▄    ██
     █       ▀███   ████      ████   ██
     ▀▄        ██    ▀▀        ▀▀    ██
      █        ██        ▄██▄        ██
       █       ██        ▀██▀        ██
       ▀▄      ██    ▄▄        ▄▄    ██
        █      ██   ████      ████   ██
         █▄▄▄▄▀██    ▀▀        ▀▀    ██
               ██▄                  ▄██
                ▀████████████████████▀




  CASINO  ●  DICE  ●  POKER   
▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀
   24 hour Customer Support   

▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀
Cluster2k
Legendary
*
Offline Offline

Activity: 1697
Merit: 1018



View Profile
July 01, 2015, 02:35:59 AM
 #18

Greece needs access to fiat currency right now.  Bitcoin is the exact opposite of what the country needs right now.  Highly volatile in value, can't be created at whim, not controlled by a friendly central bank.
White sugar
Legendary
*
Offline Offline

Activity: 1204
Merit: 1002



View Profile
July 01, 2015, 04:27:30 AM
 #19

My opinions is only 1% of Greeks know about BTC and the other just ignore it, including all people that might have an influence about BTC being accepted by Greece.

And that Greece has no short term salvation
evenlydistributingfuture
Newbie
*
Offline Offline

Activity: 56
Merit: 0


View Profile
July 01, 2015, 04:57:50 AM
 #20

BTC doesn't strike me as being a white knight riding in to save Greece. Besides the problem having to do with debt levels and government obligations, it's also too deeply rooted to solve quickly in any way. Greece is just going to be on the ropes for a while. I don't know where their silver lining could be.
Pages: [1] 2 3 4 5 »  All
  Print  
 
Jump to:  

Sponsored by , a Bitcoin-accepting VPN.
Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!