28 Jun '15, 10pm

Attention all Greeks: Convert to Bitcoin - Jeffrey Tucker - Liberty.me

Attention all Greeks: Convert to Bitcoin - Jeffrey Tucker - Liberty.me

In real life, a holiday means to have time off work and have fun. In the world of banking, a holiday means to rob the customer as a way of keeping a bankrupt system afloat. It’s been a few years since we’ve seen that happen in any major world economy, but that is exactly what the Greek government is pursuing, starting now, to stop a massive bank run. Drained and fed up, other governments in the European Union refused to extend yet another loan to Greece. This panicked depositors, who have lined up at ATMs all over the country. Sure enough, Prime Minister Alexis Tsipras announced that he was closing all banks as a way to stemming the tide. One thing about this approach: it never works! Bank closings add to the atmosphere and panic. They are often followed by an announcement that the government is going to devalue or outright steal people’s money. Whatever trust remains in t...

Full article: http://tucker.liberty.me/attention-all-greeks-convert-to-...

Tweets

Greeks are rushing to Bitcoin

Greeks are rushing to Bitcoin

money.cnn.com 29 Jun '15, 7pm

A woman walks past a closed bank on Monday in Athens, Greece. With bank doors slammed shut , frantic Greeks are turning to...

Greeks are rushing to Bitcoin

money.cnn.com 29 Jun '15, 7pm

With bank doors slammed shut , frantic Greeks are turning to online trading platforms to see if the digital money Bitcoin ...

Greeks are rushing to Bitcoin

reddit.com 29 Jun '15, 11pm

Submissions must be primarily news and developments relating to technology Self posts must contribute positively to /r/tec...

Bitcoin seeks Greeks

fortune.com 30 Jun '15, 7pm

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Ahead of a referendum on creditor proposals for Greek reforms in return for vital bailout funds, this week the country's b...

Greeks are going mad for Bitcoin via @CityAM

Greeks are going mad for Bitcoin via @CityAM

cityam.com 01 Jul '15, 1pm

Greeks have rushed to Bitcoin as the country’s financial future hangs in the balance . The digital currency has risen seve...

Banks in Greece are closed. Now Greeks are inte...

money.cnn.com 29 Jun '15, 8pm

With bank doors slammed shut , frantic Greeks are turning to online trading platforms to see if the digital money Bitcoin ...

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fastcompany.com 01 Jul '15, 4pm

While much of the financial world is focused on whether Greece will abandon the euro, the country’s financial troubles hav...

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video.cnbc.com 01 Jul '15, 4pm

Brian Armstrong, Coinbase CEO, is waving fees for the next week for customers buying and selling with euros. He joins Squa...

Greeks are rushing to Bitcoin

money.cnn.com 29 Jun '15, 10pm

With bank doors slammed shut , frantic Greeks are turning to online trading platforms to see if the digital money Bitcoin ...

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avc.com 29 Jun '15, 11am

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Online payments halted in Greece, citizens eye Bitcoin to protect savings

Online payments halted in Greece, citizens eye ...

foxnews.com 30 Jun '15, 1pm

File photo - A protester waves a Greek flag during an anti-austerity rally in Athens, Greece, June 29, 2015. (REUTERS/Yann...

Greek crisis to woo Greeks to #bitcoin.

fortune.com 30 Jun '15, 7pm

That’s okay, says Fred Ehrsam, cofounder and president of Coinbase, because the company’s motive is to appeal to Europeans...

Why Bitcoin won’t save Greece:

Why Bitcoin won’t save Greece:

motherboard.vice.com 29 Jun '15, 9pm

Image: underclassrising.net/Flickr As Greece continued its hurtle towards a potential default on Monday, banks remained cl...

Bitcoin Price Holding Ground - Outlook For The Week

Bitcoin Price Holding Ground - Outlook For The ...

cryptocoinsnews.com 29 Jun '15, 12am

An alternate count is annotated in red and implies continuing advance to $280 and eventually $300. This count is not favor...