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Bitcoin Spikes As Greeks Follow Cyprus "Template"
In March/April 2013, Bitcoin prices started to soar as Dijsselbloem's "template" applied to Cyprus prompted many to rethink money entirely. As the reality of a possible Grexit looms and Capital Controls are denied (just as they were in Cyprus), so Bitcoin prices are once again surging (up 10% in the last few days) as non-fiat currency once again becomes bid.
Cyprus... 2013
Greece... 2015
As we noted in 2013, what is really driving this surge in demand for a different kind of 'money' is the wholesale loss of faith in the status quo - nowhere is this clearer than in the words and actions of the people of Cyprus capturing the thoughts and feelings of ordinary Cypriots after their bank accounts were frozen...
"Nothing has started yet... everything is going to fall down like dominoes because people don't trust the banks."
Coming to a Greek TV station near you soon.
Source: Bitcoinwisdom
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Bitcoin allows us to "starve the beast" without having to take it head on.
Bitcoin allows all economic actors an option to simply and elegantly move around the old dying money system rather than being trapped.
I love gold but it doesn't offer the way out of our problems the way bitcoin does.
http://i.imgur.com/S7mGtP3.png :D
TO THE MOOON!
Biticoins. The investment choice of super nerds and warlocks wizzards for over 3 years.
But, Bitcoin is FIAT currency too. It is just non-government fiat currency.
This technology has changed and is going to further change the world profoundly, there's no putting this back in the tube, been saying it for quite some time.
Whether one likes it or not, BTChez.
So funny how all you bitcoin bitches carnt afford gold think widjets and digits will make them rich. Deadshits