Bitcoin Forum
December 07, 2016, 02:49:48 PM *
News: Latest stable version of Bitcoin Core: 0.13.1  [Torrent].
 
   Home   Help Search Donate Login Register  
Pages: [1]
  Print  
Author Topic: 2012-06-12 Are Bitcoins Becoming Europe's New Safe Haven Currency?  (Read 2469 times)
Yankee (BitInstant)
Legendary
*
Offline Offline

Activity: 1078


Charlie 'Van Bitcoin' Shrem


View Profile WWW
June 18, 2012, 06:44:44 PM
 #1

EDIT: Source: http://www.dailyfinance.com/2012/06/18/bitcoins-euro-europe-safe-haven-currency/


Quote
Are Bitcoins Becoming Europe's New Safe Haven Currency?

By Ross Kenneth Urken
Posted 1:23PM 06/18/12

 Joerg Platzer, a German who owns the Room 77 restaurant in Berlin's hip Kreuzberg section, has lost his appetite for euros. Instead, he has put a large fraction of his money into Bitcoin, an online currency.

"What the euro crisis and possible breakdown does is make people think about alternative [currencies] that can be used to maintain business and that cannot be manipulated by any central organization whatsoever," he told DailyFinance.

.........

Euro hit 9% of the Bitcoin market thanks to an uptick in buyers from Greece, Italy, Spain and the Netherlands, according to Charlie Shrem, CEO of BitInstant, a New York company that allows clients to move money between Bitcoin and other currencies. Shrem's firm attributes the recent rise in euros exchanged for bitcoins to the worsening crisis in Europe and people seeking financial asylum in digital form.

........

"I have Greek friends who fear that Greece will drop out of the euro, and all of their money will be converted to the drachma," Shrem said. "And then even a cup of coffee would get pretty expensive for them, because inflation will skyrocket like what we saw in Zimbabwe."


Bitcoin pioneer. An apostle of Satoshi Nakamoto. A crusader for a new, better, tech-driven society. A dreamer.

More about me: http://CharlieShrem.com
1481122188
Hero Member
*
Offline Offline

Posts: 1481122188

View Profile Personal Message (Offline)

Ignore
1481122188
Reply with quote  #2

1481122188
Report to moderator
1481122188
Hero Member
*
Offline Offline

Posts: 1481122188

View Profile Personal Message (Offline)

Ignore
1481122188
Reply with quote  #2

1481122188
Report to moderator
The grue lurks in the darkest places of the earth. Its favorite diet is adventurers, but its insatiable appetite is tempered by its fear of light. No grue has ever been seen by the light of day, and few have survived its fearsome jaws to tell the tale.
Advertised sites are not endorsed by the Bitcoin Forum. They may be unsafe, untrustworthy, or illegal in your jurisdiction. Advertise here.
elux
Legendary
*
Offline Offline

Activity: 1454



View Profile
June 18, 2012, 07:14:13 PM
 #2

Post link to source? Wink
deego
Donator
Sr. Member
*
Offline Offline

Activity: 317


1MCoX64q6ks2Fvx8wybGYonfvEoTPpMhhR


View Profile WWW
June 18, 2012, 07:18:59 PM
 #3

Post link to source? Wink
http://www.dailyfinance.com/2012/06/18/bitcoins-euro-europe-safe-haven-currency/

1MCoX64q6ks2Fvx8wybGYonfvEoTPpMhhR
Yankee (BitInstant)
Legendary
*
Offline Offline

Activity: 1078


Charlie 'Van Bitcoin' Shrem


View Profile WWW
June 18, 2012, 08:08:19 PM
 #4


Sorry my bad, done.

Bitcoin pioneer. An apostle of Satoshi Nakamoto. A crusader for a new, better, tech-driven society. A dreamer.

More about me: http://CharlieShrem.com
BoardGameCoin
Sr. Member
****
Offline Offline

Activity: 283



View Profile
June 18, 2012, 08:23:20 PM
 #5

They spell Jon Matonis' name three different ways in three paragraphs in that article:

Quote
"It's as safe as the cryptography," Matoris said. "And the cryptography has been peer-reviewed, and it currently enjoys the mathematical trust of the cryptography community."

"These individuals moving their value from euros to Bitcoin are trusting the cryptographic algorithms," Matonis said. "If they store the private keys themselves, then they do not even have to trust a third-party entity."

The Future of Bitcoin

Though Martonis believes that traditional banking is "in decline" and that Bitcoin possesses important advantages for Europeans at the moment, the digital currency hasn't necessarily proven itself as a fully universal platform.

Really?

I'm selling great Minion Games like The Manhattan Project, Kingdom of Solomon and Venture Forth at 4% off retail starting June 2012. PM me or go to my thread in the Marketplace if you're interested.

For Settlers/Dominion/Carcassone etc., I do email gift cards on Amazon for a 5% fee. PM if you're interested.
kiba
Legendary
*
Offline Offline

Activity: 980


View Profile
June 18, 2012, 11:52:05 PM
 #6

The comment section is full of horribly ignorant comments.

Raoul Duke
aka psy
Legendary
*
Offline Offline

Activity: 1442



View Profile
June 19, 2012, 12:23:11 AM
 #7

Luke-Jr is missing on the comment section lol

Yankee (BitInstant)
Legendary
*
Offline Offline

Activity: 1078


Charlie 'Van Bitcoin' Shrem


View Profile WWW
June 19, 2012, 01:12:41 AM
 #8

Luke-Jr is missing on the comment section lol

Quote
Electronic money is In agenda of the New World Order (control an domination by the rich few), your entire savings could be wiped out with one EMP or one clik of the dictators mouse. Gee with "kill" lists, legalized killing of old people, clik to kill humans via clk of mouse (drones) flying over USA, and every skunk in the world in power positions in govt, what will be next.
DID YOU KNOW THAT SOME SAY THE JEWISH W = 6, THUS WWW COULD BE LOOKED AT AS 666. Don't ever accept the Mark of the beast (computer chip in your body, hand, or forehead)

You gotta admit, these commentaries get creative...

Bitcoin pioneer. An apostle of Satoshi Nakamoto. A crusader for a new, better, tech-driven society. A dreamer.

More about me: http://CharlieShrem.com
Raoul Duke
aka psy
Legendary
*
Offline Offline

Activity: 1442



View Profile
June 19, 2012, 01:19:18 AM
 #9

Yes, creative indeed.

Luke would show to those religious freaks that it's possible to believe in Bitcoin and Jesus at the same time.
Just wait till they see the prayers embeded on the blockchain. They'll start to love Bitcoin in no time Wink

rjk
Sr. Member
****
Offline Offline

Activity: 420


1ngldh


View Profile
June 19, 2012, 01:19:58 AM
 #10

Hail mary! But the current pope is a fraud. lol

Mining Rig Extraordinaire - the Trenton BPX6806 18-slot PCIe backplane [PICS] Dead project is dead, all hail the coming of the mighty ASIC!
julz
Legendary
*
Offline Offline

Activity: 1092



View Profile
June 19, 2012, 01:27:04 AM
 #11

Yes, creative indeed.

Luke would show to those religious freaks that it's possible to believe in Bitcoin and Jesus at the same time.
Just wait till they see the prayers embeded on the blockchain. They'll start to love Bitcoin in no time Wink


meh.. I'm happy for the religious freaks to misunderstand it and miss out on a slice of the new economy.
In a world where money buys influence - this is a great way to help disenfranchise some of the nutbags.

Luke-Jr is a disturbing anomaly Tongue

@electricwings   BM-GtyD5exuDJ2kvEbr41XchkC8x9hPxdFd
Bitcoin Oz
Hero Member
*****
Offline Offline

Activity: 700


Wat


View Profile WWW
June 19, 2012, 01:29:33 AM
 #12

Wait till they start embedding the koran in the blockchain....

Raoul Duke
aka psy
Legendary
*
Offline Offline

Activity: 1442



View Profile
June 19, 2012, 01:30:47 AM
 #13

Luke-Jr is a disturbing anomaly Tongue

A glitch on the Matrix, I tell you...

Wait till they start embedding the koran in the blockchain....

The rights are the same. If Christian stuff gets embeded so can be Islamic stuff. No problem for me.
I'll just pay some pool-op to embed some Mayan mumbo-jumbo Tongue

elux
Legendary
*
Offline Offline

Activity: 1454



View Profile
June 19, 2012, 02:54:16 PM
 #14

On reddit/r/finance/: Are Bitcoins Becoming Europe's New Safe Haven Currency?
Spekulatius
Legendary
*
Offline Offline

Activity: 1022



View Profile
June 19, 2012, 04:46:35 PM
 #15

Hail mary! But the current pope is a fraud. lol

TAKE THAT BACK! He may be a psychotic pedophile, but he's still German, so you gotta love him!

rjk
Sr. Member
****
Offline Offline

Activity: 420


1ngldh


View Profile
June 19, 2012, 05:21:35 PM
 #16

Hail mary! But the current pope is a fraud. lol

TAKE THAT BACK! He may be a psychotic pedophile, but he's still German, so you gotta love him!

http://the-militant-atheist.org/images/evil-pope4.jpg
lol. I was just parroting some of the things that Luke-Jr has said in the past.

Mining Rig Extraordinaire - the Trenton BPX6806 18-slot PCIe backplane [PICS] Dead project is dead, all hail the coming of the mighty ASIC!
Pages: [1]
  Print  
 
Jump to:  

Sponsored by , a Bitcoin-accepting VPN.
Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!