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Greece debt crisis appears to have been averted, or at the least delayed. A €50 billion bailout package has been offered, if the Greek parliament agrees to implement extensive reforms that have been demanded by the eurozone.
The never ending tragedy known as the Eurozone is flirting with disaster and the unknown consequences of what would happen if Greece is ejected by brute force or leaves by sheer will from the EU.
Bitcoin expert Andreas Antonopoulos compared the disruptive potential of the cryptocurrency to the Punk Rock movement of the 70’s and addressed the problems in Greece at the Wired Money 2015 Conference
As Greece approaches the referendum on Sunday July 5, there is complete uncertainty as to whether “yes” or “no’ will be voted for and what the ramifications of such a vote will mean.
Greece has become the first developed country to fall into arrears with the IMF as it missed its 1.6 million euro payment due Tuesday night.
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Bitcoin prices are on the move upward. Bitcoin volume trading is on the move upward. Greece is on the move downward to a total collapse. Coincidence? I think not.
Former Greek Finance Minister Yanis Varoufakis spills the beans on what really happened behind closed doors, and how Greece was never supposed to get above water again.
Bitcoin promptly lost over 10% of its value in minutes Monday morning as news of a Greek bailout deal surfaced
The European Central Bank releases a second report on digital currencies criticizing “stability” while struggling to bail out its failing members in a way which will guarantee future economic health and growth.
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