[2015-12-29] Ukraine Economy Bailout Presents Bitcoin Opportunity

[jdebunt]

For some countries around the world, times are very tough as local economies are starting to fall apart. Ukraine is one of those countries, as inflation will be hitting a record-high of 44 percent later this year. Combine that number with a near 25-percent inflation, and anyone can see why the Ukraine economy needs a bailout. At the same time, Ukraine’s central bank is warning people about the use of Bitcoin and other digital currencies.

http://bitcoinist.net/ukraine-economy-bailout-presents-bitcoin-opportunity/

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[tyz]

No, this won't happen. Why? Because Ukraine is highly depend from European and American transfers. Either the EU nor the USA has an interest that the blockchain or decentralized currencies replace known fiat money. if Ukraine would introduce Bitcoin - or any other crypto - and it will succeed, then people from other countries - especially where the economy is struggling - will claim decentralized currencies, too.

[Qartada]

No, this won't happen. Why? Because Ukraine is highly depend from European and American transfers. Either the EU nor the USA has an interest that the blockchain or decentralized currencies replace known fiat money. if Ukraine would introduce Bitcoin - or any other crypto - and it will succeed, then people from other countries - especially where the economy is struggling - will claim decentralized currencies, too.

But the US or EU might make the Ukraine as an experimental place for the blockchain technology.