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Even after the tax is taken out there will be a huge run on all banks in Cyprus. If I was in Cyprus, I would be buying gold and burying it somewhere safe :)
by tnuc 14y ago
Even after the tax is taken out there will be a huge run on all banks in Cyprus.
If I was in Cyprus, I would be buying gold and burying it somewhere safe :)
- gasull 14y agoBitcoins are better for that matter since you don't have to worry so much about storage. You can easily cross a border with them. Or you can create a brainwallet (basically a passphrase that recreates a wallet), delete any data of the bitcoin wallet from your electronics, cross the border, then recreate the wallet from the passphrase. https://en.bitcoin.it/wiki/Brainwallet https://en.bitcoin.it/wiki/Brainwallet
- paulhauggis 14y agoThis is bad advice. Bitcoin isn't stable enough yet to put my life savings into it.