Europe in Crisis

[malafaya]

Europe is in crisis USA even bigger,USA is entering in to recession,but Europe unexpectly has became very positive for bitcoin and digital currencys
There was private meetings in  EU Parlaments,no more talks that btc is used by terrorist,for money laundering etc,great for btc and good for Europe

They should think the beneficts of bitcoin ,and maybe they could make their own blockchain to make their transactions as Europe now has several contries and are loosing money to the banks at every transaction they make between them,i hope they work out to allow crypto coins to be used as traded soo they will had made a huge step and people will be able to earn and use bitcoin without worry if the police will try to get them into the jail has happened recently at Venezuela.

governments don't see any benefits in bitcoin as that will mean they lose all control over the financial aspect of the economy. they will lose tens of billions each year just because of that. that's enough reason for them not to adopt bitcoin.

Even if they would be willing to adopt Bitcoin despite the inevitable loss of control over currency issuing, the "untraceability" of transactions makes it unfeasible from a fiscal point of view. Lots of changes would need to be undertaken and basically it wouldn't be Bitcoin as we know it anymore.

[1714819809]

1714819809

[1714819809]

1714819809

[1714819809]

1714819809

[1714819809]

1714819809

[tyz]

I might claim, even when politicans would like to introduce Bitcoin as main payment option, it would not work because of the special deflationary manner of Bitcoin. Only an inflationary colored coin based on the Bitcoin blockchain would be an option. Yearly inflation rate should be fixed at 1-2% with a nevereding coin creation.

Europe is in crisis USA even bigger,USA is entering in to recession,but Europe unexpectly has became very positive for bitcoin and digital currencys
There was private meetings in  EU Parlaments,no more talks that btc is used by terrorist,for money laundering etc,great for btc and good for Europe

They should think the beneficts of bitcoin ,and maybe they could make their own blockchain to make their transactions as Europe now has several contries and are loosing money to the banks at every transaction they make between them,i hope they work out to allow crypto coins to be used as traded soo they will had made a huge step and people will be able to earn and use bitcoin without worry if the police will try to get them into the jail has happened recently at Venezuela.

governments don't see any benefits in bitcoin as that will mean they lose all control over the financial aspect of the economy. they will lose tens of billions each year just because of that. that's enough reason for them not to adopt bitcoin.

[HarryKPeters]

I might claim, even when politicans would like to introduce Bitcoin as main payment option, it would not work because of the special deflationary manner of Bitcoin. Only an inflationary colored coin based on the Bitcoin blockchain would be an option. Yearly inflation rate should be fixed at 1-2% with a nevereding coin creation.

Europe is in crisis USA even bigger,USA is entering in to recession,but Europe unexpectly has became very positive for bitcoin and digital currencys
There was private meetings in  EU Parlaments,no more talks that btc is used by terrorist,for money laundering etc,great for btc and good for Europe

They should think the beneficts of bitcoin ,and maybe they could make their own blockchain to make their transactions as Europe now has several contries and are loosing money to the banks at every transaction they make between them,i hope they work out to allow crypto coins to be used as traded soo they will had made a huge step and people will be able to earn and use bitcoin without worry if the police will try to get them into the jail has happened recently at Venezuela.

governments don't see any benefits in bitcoin as that will mean they lose all control over the financial aspect of the economy. they will lose tens of billions each year just because of that. that's enough reason for them not to adopt bitcoin.

Let me add to that, that it will not happen ever. The EU is/are ruled by selfish people. With the bank lobby such a bill would never pass. Also we, the EU, have invested loads of money to keep the EU together (Greek loans, refugees etc). They would not abandon their own currency.

[xht]

I might claim, even when politicans would like to introduce Bitcoin as main payment option, it would not work because of the special deflationary manner of Bitcoin. Only an inflationary colored coin based on the Bitcoin blockchain would be an option. Yearly inflation rate should be fixed at 1-2% with a nevereding coin creation.

Europe is in crisis USA even bigger,USA is entering in to recession,but Europe unexpectly has became very positive for bitcoin and digital currencys
There was private meetings in  EU Parlaments,no more talks that btc is used by terrorist,for money laundering etc,great for btc and good for Europe

They should think the beneficts of bitcoin ,and maybe they could make their own blockchain to make their transactions as Europe now has several contries and are loosing money to the banks at every transaction they make between them,i hope they work out to allow crypto coins to be used as traded soo they will had made a huge step and people will be able to earn and use bitcoin without worry if the police will try to get them into the jail has happened recently at Venezuela.

governments don't see any benefits in bitcoin as that will mean they lose all control over the financial aspect of the economy. they will lose tens of billions each year just because of that. that's enough reason for them not to adopt bitcoin.

Let me add to that, that it will not happen ever. The EU is/are ruled by selfish people. With the bank lobby such a bill would never pass. Also we, the EU, have invested loads of money to keep the EU together (Greek loans, refugees etc). They would not abandon their own currency.

Yes it's hard to expect one country will abandon their own currency and adopt bitcoin as their new currency. we need to realistic to think it will not happen.

[Nameless Coin]

Bitcoin and Europe?
No way. Europe looks the same way towards bitcoin as the US. They want to keep it out of the economic system. That's why they stopped printing the 500 EUR bill.
Criminals were 'using' it. The same applies for bitcoin...

[RoseMann]

Bitcoin and Europe?
No way. Europe looks the same way towards bitcoin as the US. They want to keep it out of the economic system. That's why they stopped printing the 500 EUR bill.
Criminals were 'using' it. The same applies for bitcoin...

If the Europe help the using of the bitcoin and build a good financial engineering industry, it can compete with the rest of the world.

[mindrust]

Bitcoin won't replace EUR or USD stop dreaming about it. It is not possible.

As for EU, i am pretty sure they will find a way out as they always do but this refugee crisis is a lot different and harder to dealt with rather than dealing with Greece's problems. Because the other side at the table, Turkey stands and Turkey isn't in EU and ruled by a crazy man. EU just won't be able to deceieve them cheap.

[funkenstein]

Bitcoin won't replace EUR or USD stop dreaming about it. It is not possible.

For me, it already has. 

Let me add to that, that it will not happen ever. The EU is/are ruled by selfish people. With the bank lobby such a bill would never pass. Also we, the EU, have invested loads of money to keep the EU together (Greek loans, refugees etc). They would not abandon their own currency.

Lol, I heard the same thing 20 years ago.  " They will never abandon the franc, drachma, mark..  the people won't give away their soverignty to foreign bankers.."  etc. 

*shrug* Some people will continue giving their goods and services in exchange for notes printed from thin air by foreigners for as long as they like.  Possibly forever.  Just as people will continue to be robbed and cheated forever.  This is true.  However, there will always be some who are waking up to the scam and taking charge of their own lives.  That's what public coins are for. 

 

[BitsandBites]

I see that EUR has been dropped recently and it is near to have the same value as dollar, the crisis affects directly the economy of europe countries and i think a little bit the bitcoin price.

I have noticed that to the Euro is now worth less then before. This is the effect of the crisis and there are still some countries in Europe that live in the Crisis.

[sanadas]

I see that EUR has been dropped recently and it is near to have the same value as dollar, the crisis affects directly the economy of europe countries and i think a little bit the bitcoin price.

I have noticed that to the Euro is now worth less then before. This is the effect of the crisis and there are still some countries in Europe that live in the Crisis.

Too many Euro are printed from thin air. It will devalue the currency. So we need a non inflationary currency like bitcoin.

[Newcoins2020]

There are still some countries that live in the crisis and other countries are trying to help them to get out of it. I am not sure how they are going to fix this but I hope that they are not going to print more Euros because then the value will again go down.

Yeah I know countries like Greece and Spain are officially still in the crisis but they are being helped by of course the other European Countries.
That is the downfall if this union they have to help each other in need.

[eternalgloom]

There are still some countries that live in the crisis and other countries are trying to help them to get out of it. I am not sure how they are going to fix this but I hope that they are not going to print more Euros because then the value will again go down.

The situation in Greece is a fine example to that. There is no way that they can fulfil the conditions for the bailout they received.
Chances that they will default on their loans are pretty high. Not sure what will happen after that.

[sallymeeh27]

If this is really happening then its gonna be bad for other countries who might get affected but then having a good impression to the world. I am wondering if this issue with crisis will last for a very long time, most of the asian countries look up for the European countries for they are rich in every way this is too bad to hear including my country we mostly think that working on the said countries are much better rather than here. We all think that most people who left our country are doing well in those country and I guess they are not affected of any crisis like this.

[techgeek]

I might claim, even when politicans would like to introduce Bitcoin as main payment option, it would not work because of the special deflationary manner of Bitcoin. Only an inflationary colored coin based on the Bitcoin blockchain would be an option. Yearly inflation rate should be fixed at 1-2% with a nevereding coin creation.

Europe is in crisis USA even bigger,USA is entering in to recession,but Europe unexpectly has became very positive for bitcoin and digital currencys
There was private meetings in  EU Parlaments,no more talks that btc is used by terrorist,for money laundering etc,great for btc and good for Europe

They should think the beneficts of bitcoin ,and maybe they could make their own blockchain to make their transactions as Europe now has several contries and are loosing money to the banks at every transaction they make between them,i hope they work out to allow crypto coins to be used as traded soo they will had made a huge step and people will be able to earn and use bitcoin without worry if the police will try to get them into the jail has happened recently at Venezuela.

governments don't see any benefits in bitcoin as that will mean they lose all control over the financial aspect of the economy. they will lose tens of billions each year just because of that. that's enough reason for them not to adopt bitcoin.

Let me add to that, that it will not happen ever. The EU is/are ruled by selfish people. With the bank lobby such a bill would never pass. Also we, the EU, have invested loads of money to keep the EU together (Greek loans, refugees etc). They would not abandon their own currency.

Sounds about right lol. Welcome to the 1% on how they work lol.

Here in america theres special conventions that lobbyist go to a non profit and exchange templates of the paper of the bill that companies are trying to pass - then they pay minimum of $5k.

you can look this all up, but the organization is called ALAC I believe.

[OROBTC]

...

I saw on CNN today that Italy may have captured 40 ISIS terrorists on a boat in the Med, but I did not catch all of the story.

This whole migrant (RAPEFUGEE) issue is one that Europe really ought to deal with now.  Kick out the bad ones now.  Prevent new ones from coming in.  Hungary built a wall, it seems to be working well.  Note carefully if Trump builds a wall...

"Sorry, refugees, you should stay home in your OWN country and fight for your rights THERE."


*   *   *

Bitcoin and Europe?
No way. Europe looks the same way towards bitcoin as the US. They want to keep it out of the economic system. That's why they stopped printing the 500 EUR bill.
Criminals were 'using' it. The same applies for bitcoin...

Yes, Nameless Coin, I think the whole fights by .govs vs. the 500 euro note and Bitcoin are totally bogus, I would love to save US$500 if they ever got around to printing them.

CA$H is important for freedom.


*   *   *


mindrust

Yep, totally agree, now way any .gov will give up the power to print money as they see fit.


*   *   *


techgeek and HarryKPeters

The corrupt are everywhere, very true, good point.  In America, and America is heading more in the direction of PERU (now here on a visit) more than Peru is heading towards America...

America has a worsening problem with corruption at all levels.

[Marbit]

I see that EUR has been dropped recently and it is near to have the same value as dollar, the crisis affects directly the economy of europe countries and i think a little bit the bitcoin price.

I am agree with you and Europe in crisis it's not effected by Bitcoins because If it is effecting by bitcoins the European Union will not stay and watch their dropping. But it will effect on all the currency because of digital system   

[lexuz]

I see that EUR has been dropped recently and it is near to have the same value as dollar, the crisis affects directly the economy of europe countries and i think a little bit the bitcoin price.

I am agree with you and Europe in crisis it's not effected by Bitcoins because If it is effecting by bitcoins the European Union will not stay and watch their dropping. But it will effect on all the currency because of digital system   

I don't what i think is wrong or not if we face economic crisis of course we will scare invest money on one investment, we will want keep our money in place we know is safe like at bank.

[InsideBjorn]

European crisis is still going on in some countries in Europe but there also are some countries that are out of it. I think that that is going to change in the future.

[Pab]

At the end of June will be Brexit referendum,now is 50/50 almost,if will be Brexit non euro countrys in EU will suffer a lot,but Brexit may cause domino effect

[bitbunnny]

At the end of June will be Brexit referendum,now is 50/50 almost,if will be Brexit non euro countrys in EU will suffer a lot,but Brexit may cause domino effect

I'm not so convinced. Even if the Brexit happens and UK leaves the EU that will not cause the domino effect. But I think that British too will think twice about it. Although new imigrant crisis could strongly influence on the referendum results as well as new terrorisr attacks, which I hope is not going to happen.