Egypt: yet another country where Bitcoin is now a necessity

[n8rwJeTt8TrrLKPa55eU]

Let's all give a round of applause to the Egyptian government for this Christmas Day gift!  Watch research and adoption of Bitcoin spiking in Egypt over the coming months.

CAIRO - Egypt has banned travellers from carrying more than US$10,000 in foreign currency cash in or out of the country, as officials worry over pressure on its pound currency and a rush by Egyptians to withdraw their savings from banks.
http://www.asiaone.com/News/Latest%2BNews/World/Story/A1Story20121225-391599.html

[vokain]

wow eff the state, seriously.

[nobbynobbynoob]

Remember in many countries you have to declare ca$h >10k to Customs, even when carrying it legally. Internal civil asset forfeitures by the State without evidence of any crime aren't out of the ordinary either in the USA or in the EUSSR.

[Third Way]

[payb.tc]

^ embiggened version: http://i223.photobucket.com/albums/dd86/THEREALCRUNK/egyptiandemocracy.png

[Crypt_Current]

^ embiggened version: http://i223.photobucket.com/albums/dd86/THEREALCRUNK/egyptiandemocracy.png

Funny little comic, but it's not as funny as the reference in your use of the cromulent word "embiggened"

[Third Way]

embiggered?

[Crypt_Current]

embiggered?

as in, "A noble spirit embiggens even the smallest man"

[allthingsluxury]

Bitcoin can greatly benefit individuals in all nations.

[Realpra]

We should do flash advertising to such countries concentrated on a few days... sad to say I have little money.

[gabbergabe]

I wish there was to tell how much activity a country has to contribut in a % with bitcoin.

Say for shits and giggles 10% of bitcoin users or activity comes from canada or whatever. Something to base it off to see if Egyptians truly do start to flock twoards bitcoin. But I guess alot of it has to do with how well butcoin is known there right now. You would think that with the arab spring propelled by social media that they would already be well acclamated with it. Or maybe they are already.