Greece, Euro, Global Economy is going to boost BTC.. IE Capital Controls

[iCEBREAKER]

Any Greeks who'd put their capital in a safe place have already done so by now.

Yes, but more money is constantly being generated by economic activity (tourism/agriculture) and financialization (EU QE/loans).

That new money needs to be put in safe place.  The problem with using Bitcoin to avoid capital controls is traceability.

Greeks (and the rest of us) should be looking into Monero, Bitcoin's anonymous/private little sister.

Thanks to the new site xmr.to you can spend it anywhere that takes BTC.

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[CtrlAltBernanke420]

I don't think so,Greece is going to accept europe conditions and it will continue being part of the european union trying to recover its economy

 To do so would hasten the final continent-wide apocalypse as the other PIGS demand further concessions to support their overspending habits.

If the bankers didn't corrupt and break the system they created and the elite weren't soooooooo damn greedy the greece issue wouldn't be an issue at all. It is a vile thought to think the plebs are the overspending ones….

There are 85 people in the world with more money than 3billion… I am sorry but this is NOT OK. This IS the root. And now those 85 people want to control your every every every minute of life… FUCK THEM!

Since when was debt every truly serviceable…. If I print 1note and loan that very first note out + even the most minimal interest, how can it be expected I pay back the debt and the interested owed…. 

[CtrlAltBernanke420]

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The possibility of bypassing capital controls is, for me, one of the best and highest uses of Bitcoin.

The fact that you can take a large value easily out in a Ledger or Trezor (or even with NO hardware <--- large balances in web wallets not recommended though) gives some protection of keeping some of your wealth under your control.  And our friends at TSA would even have a hard time controlling taking a Ledger with you (whereas they could always STEAL your gold coins...).

Bitcoin represents some financial freedom.  Bitcoin is a great diversification into safety.  Diversification is a wonderful thing.

+1 It struck me the other day that one can use BTC now to completely do an end run around the rather tyrannical controls the U.S. government uses to keep its citizens from leaving for greener pastures. Currently you suffer heavy tax consequences if you try to leave the U.S. and renounce your citizenship, but if you convert your assets to BTC first, then in principle you can make a clean escape. That could be very valuable intel someday...

And loose lips sink ships… As exciting as bitcoin is, if you own more than 1-10 you best STFU!