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Yes that was my point, it is too late for the Greeks but for other europeans facing the same issues there is still time. The hoops you propose to jump through
by celticninja 11y ago
Yes that was my point, it is too late for the Greeks but for other europeans facing the same issues there is still time.
The hoops you propose to jump through to maintain a source of euros is as complex as using bitcoin, however it has more points of failure.
Greeks are currently looking at a seizure of some assets over €8000 held in banks. Yes they may not be able to seize it From a German bank however the germans could seize it themselves. If the shit hits the fan throughout the euro area then your money and savings are at risk.
In both these situations the bigger issue is the failure of euro and that is a potential risk.