Oh wow this is the Syriza minister of finance. >In other words, I shall argue that Bitcoin is not fit for purpose under capitalism, or as a vehicle toward tran

Oh wow this is the Syriza minister of finance. >In other words, I shall argue that Bitcoin is not fit for purpose under capitalism, or as a vehicle toward transcending capitalism, but something like Bitcoin will characterise monetary systems in a future world free of private banks and share markets. Wow the open letter he is responding to is a socialist who believes bitcoin is a good idea for socialism? Bitcoin is literally the antithesis to socialism. It seems clear to me in this article that Yanis knows this. Greece didn't get control over the euro. They couldn't print lots of money to generate significant inflation to hide their debt. Socialist governments basically dont function without heavy inflation making their people poor. Something that has never happened in history is a fiscally conservative balanced budget socialist government with fully controlled inflation.