Distribute bitcoin to every Greek citizen

[2double0]

People in Greece are getting just 60 euros per day per person in ATM withdrawal and all the banks are closed, but sharing Bitcoins is not a good idea because not everyone out here will help, especially when it is all about anonymity, no one will ask for identity nor will anyone prove their identity, everyone will start begging for Bitcoins saying "We are Greek, we are Greek, please give some Bitcoins."

[wagabee london]

people should try it in the west indies where there is a lot of tourism cruiseship tourism all the comercial real estate and the cruiseship could try to use bitcoin

[Amph]

If you send 1BTC to every greek thats 11000000 coins. Probably more than there is totally...

Lets says we did it anyway and the greeks adobted it. Every BTC would soon be worth 50 times todays value. The problem now was just that only greeks had BTC and noone on this forum had any...


Se the problem when a lagre mass adobt a currency at once. BTC must grow slowly to become a real currency. Not go from a nerd fantasy to full scale economy overnight.

if this would be the case, i mean if you really think that if they were to adopt it in this way would rise the price x50, then they only need 0.2btc(1/5) to have x10 of btc, each

it sounds more reasonable, than giving away a whole bitcoin, remember that bitcoin was made divisible for a reason...

[dothebeats]

If you send 1BTC to every greek thats 11000000 coins. Probably more than there is totally...

Lets says we did it anyway and the greeks adobted it. Every BTC would soon be worth 50 times todays value. The problem now was just that only greeks had BTC and noone on this forum had any...


Se the problem when a lagre mass adobt a currency at once. BTC must grow slowly to become a real currency. Not go from a nerd fantasy to full scale economy overnight.

if this would be the case, i mean if you really think that if they were to adopt it in this way would rise the price x50, then they only need 0.2btc(1/5) to have x10 of btc, each

it sounds more reasonable, than giving away a whole bitcoin, remember that bitcoin was made divisible for a reason...

Assuming the value would skyrocket if a nation with a poor economy would adopt bitcoin is far-fetched. A whole nation that has no buying/spending capabilities or whatsoever in the current moment will not help bitcoin gain value in any way, though the idea of having a whole nation using it would spark some interests of using the situation by greedy capitalists to gain more money.

[countryfree]

Due to the financial isolation of Greece, a unique value for bitcoin will exist in greece,

Sorry, but this is nonsense. BTC is international, just like the Internet and BTC's value is the same everywhere. It cannot be higher in some particular place. Greece isn't isolated. Anyone can get there by car, boat or plane.

Anyway, if you think it's a good idea, you're totally free to give away all your BTC to Greeks. Do it, some other guys may follow your leading example.

[justusranvier]

Let's observe the massive human tragedy caused by giving people free money, and propose a solution that involves giving them more free money.

[scarsbergholden]

Let's observe the massive human tragedy caused by giving people free money, and propose a solution that involves giving them more free money.

lmao, yea pretty much is not the right way to actually get people to adopt a currency free money for them is gonna be like lets just use it one time and trow it away is free, most likely if they earn bitcoin like a normal economy scale then it would bring more social value and less tragedy from the current situation. 

[gogxmagog]

Airdropping is a pretty miserable idea. Coins either get dumped, squandered, lost or just sit there as no one knows what to do with them. Cards are rare enough in a lot of places in Greece. A crypto would be a curiosity and not much more.

Something would be better introduced via commerce. Businesses could offer change in the new coin, offer discounts and aim towards a closed loop. People need to know it has a sense of value instead of it magically teleporting into your computer.

Yes to the second paragraph, yes to the whole thing actually. BTC could be a boon to the Greeks but just handing them out won't work. Also, they're going to have an exceptionally hard time buying any due to bank situations.

What Greece needs is a BTC ecosystem (merchants accepting, workers earning, employers paying, users using BTC) which doesn't really exist there. Maybe a few hundred users? Probably mostly holders only too

How to implement such a thing? It's not like it wouldn't be welcomed, it's just a tough thing to instal from zero.

We need a BTC Flying Squad.

[Hopalong]

If you send 1BTC to every greek thats 11000000 coins. Probably more than there is totally...

Lets says we did it anyway and the greeks adobted it. Every BTC would soon be worth 50 times todays value. The problem now was just that only greeks had BTC and noone on this forum had any...


Se the problem when a lagre mass adobt a currency at once. BTC must grow slowly to become a real currency. Not go from a nerd fantasy to full scale economy overnight.

if this would be the case, i mean if you really think that if they were to adopt it in this way would rise the price x50, then they only need 0.2btc(1/5) to have x10 of btc, each

it sounds more reasonable, than giving away a whole bitcoin, remember that bitcoin was made divisible for a reason...

Assuming the value would skyrocket if a nation with a poor economy would adopt bitcoin is far-fetched. A whole nation that has no buying/spending capabilities or whatsoever in the current moment will not help bitcoin gain value in any way, though the idea of having a whole nation using it would spark some interests of using the situation by greedy capitalists to gain more money.

By greedy capitalists i asume you include those who are hoarding BTC and wait for the price to skyrocket....

[BillyBones]

Uptill now, I haven't seen Bitcoin as a metal except in Internet, if bitcoin would be distributed to each Greek as a coin, how that coin will look alike, besides that the coin must have different engrave on it's metal depends on it's various denomination values.

[ikydesu]

Why not to held some education first to Greek citizen about bitcoin, how it work and all the things. So they will not panic if something happen to their wallet, or some technically problems.

[pooya87]

who is going to fund this idea of yours? you said "There's only 11 million people in greece" how much do think is a good number to give to each citizen? 1BTC per person is ~3 billion USD. who is going to fund this. and do you think that giving $270 to each citizen is going to fix their problems?

Greeks should adopt bitcoin on their own and this process has many difficulties because first of all they don't have access to enough cash per day to buy bitcoin. besides if they buy bitcoin there is nowhere they can spend it like fiat.

Someone is going to create GreekCoin soon enough.

ROFL
GreekCoin to the rescue !!!

[Amph]

If you send 1BTC to every greek thats 11000000 coins. Probably more than there is totally...

Lets says we did it anyway and the greeks adobted it. Every BTC would soon be worth 50 times todays value. The problem now was just that only greeks had BTC and noone on this forum had any...


Se the problem when a lagre mass adobt a currency at once. BTC must grow slowly to become a real currency. Not go from a nerd fantasy to full scale economy overnight.

if this would be the case, i mean if you really think that if they were to adopt it in this way would rise the price x50, then they only need 0.2btc(1/5) to have x10 of btc, each

it sounds more reasonable, than giving away a whole bitcoin, remember that bitcoin was made divisible for a reason...

Assuming the value would skyrocket if a nation with a poor economy would adopt bitcoin is far-fetched. A whole nation that has no buying/spending capabilities or whatsoever in the current moment will not help bitcoin gain value in any way, though the idea of having a whole nation using it would spark some interests of using the situation by greedy capitalists to gain more money.

it will skyrocket or at least increase significantly, because if 11M people would buy some bitcoin each, they would basically inject billion of euro into the bitcoin market, which at present is very tiny in comparison, even "1B injection" could affect it in a great way, let alone more than that

[saddampbuh]

so they can cash it out for fiat and use to buy food? i dont think so

[Kprawn]

Well a bunch of us, did just that on the r/Greece sub-reddit to introduce some of the people there to Bitcoin.

We received a lot of interest until the paid shills got in there and they de-railed the whole sub-reddit with negative comments.

I think the best thing people can do to help them, would be to assist with genuine information on how to keep Bitcoin investments safe. If there are people who are interested, you just provide them with resources to get to trusted services.

The 3rd party wallet providers and exchanges are already reaching out to the Greek people on the ground.

I Skype with some of my friends there, and they all started to transfer small quantities of fiat to Bitcoin, but things are difficult, if your withdrawal limit is 60 Euro per day. 

[Daniel91]

who is going to fund this idea of yours? you said "There's only 11 million people in greece" how much do think is a good number to give to each citizen? 1BTC per person is ~3 billion USD. who is going to fund this. and do you think that giving $270 to each citizen is going to fix their problems?

Greeks should adopt bitcoin on their own and this process has many difficulties because first of all they don't have access to enough cash per day to buy bitcoin. besides if they buy bitcoin there is nowhere they can spend it like fiat.

Someone is going to create GreekCoin soon enough.

ROFL
GreekCoin to the rescue !!!

I agree with you.
As idea, it sounds good but it just not realistic.
First, who will be such ''good soul'' who will give bitcoin in the value of 3 billion usd for free?
Bill Gates?
Warren Buffett?
Be serious!
Also, who will educate people in Greece about BTC, open ATM in bitcoin, introduce bitcoin to merchants etc.
Also, anybody seriously think that several hundreds free BTC per person or family will really financially help people in Greece?
Only way how this can works is if government in Greece decide to replace Euro with BTC but I don't think this will happen in the near future.
Even with BTC Greece will still have a lot financial debts and political crisis to solve.

[bryant.coleman]

We received a lot of interest until the paid shills got in there and they de-railed the whole sub-reddit with negative comments.

If we want to popularize Bitcoin, then we should strengthen our presence in social media outlets, such as Reddit, Twitter and Facebook. Nowadays, only the middle-aged and the elderly are using the News Papers and the News Channels to get their information. The younger generation is mostly getting their news from the social media.

[ajareselde]

Why would anyone waste their money on Greeks anymore?
They placed themselves in this mess, so let them dig themselves out of it aswell. I don't think there's anyone who can save them at this point anymore.

If they want to use bitcoin thats fine, but the idea of donating them coins is like dumping money into infinite void. It's never going to be enough.
It would be better option to organize crowdfunding to air some comercials describing bitcoin to the people, so that they atleast know that it exists.

cheers

[bryant.coleman]

Why would anyone waste their money on Greeks anymore?

Bitcoin needs Greece, more than Greece needs Bitcoin.

Do you think that Greece will be an exception, and no other country is going to default on its debt? I don't think so. Several countries are going to follow the precedent set by Greece. And that is why Greece is important for us. If we can prove that Bitcoin can be used to help the Greeks, then imagine the acceptability we will get by the time of the second crisis.

[amiryaqot]

i dont think this idea can be implemented in current situation so that there will be huge amount of bitcoin will be required for this, i also think bitcoin can help the Greece's people if they move their saving into bitcoin and they can keep it safe and secure for future investment.