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Give everyone that had a deposit under the 100,000 their 6.75% back in bitcoin. It would force them to learn how to use it and merchants would have an incentive to accept it. You can instantly have an island of 1,000,000 people as a test bed. The PR and news generated could be huge.
Not going to happen. 6.75% of under the 100,000 is like 3-4 billion Euro while Bitcoin market cap is half a billion at the moment.
Also Bitcoin is real money, nobody is going to bail-out or bail-in anyone. Nobody will sell you much of Bitcoin for credit cards or paypal. One will have to provide something of value to get Bitcoins. TANSTAAFL those who keep their money in a bank deserve what they get, unfortunately, just as every nation deserves their government.
Yes this is my first post. But I whole-heartily disagree with what I marked red.
The only money and it is proven for thousands of years are gold and silver. While I am fan of bitcoin I would definitely not call them real money as they depend heavily on one thing. Internet. With government trying to implement various kill switches for net I wonder how that will affect electronic currency. While I mine like crazy as I like the idea dont even think that bitcoin will be exempt when govt will want to get their piece of cake, usually for PR purposes called "tax".
Bitcoin better serves the function of money than gold and silver. For example it is better divisible and more scarce (Gold will inflate forever).
