JohnKicklighter

Capital Controls and Greek Decision Lead to Bitcoin Surge

Long
BITSTAMP:BTCUSD   Bitcoin
2
Will Greece remain in the Eurozone or will it find its way out of a decision that both sides find untenable? If the country is bowing out of the Monetary Union, financial hardship will only be more intense and many fear there will be haircuts on deposits - something that has happened in other countries in the not-too-distant past. If they remain, the financial situation is not guaranteed and the conditions of agreement may impose unknown hardship on citizens. Concern is fueling once again a digital currency that has been used before to get around controls.

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