"(...)“Instead of bailout, the new trend is bail-in,” - TopicsExpress



          

"(...)“Instead of bailout, the new trend is bail-in,” Demeester explained, with savers’ accounts being raided to prop up failing banks and economies. Back in May, Jeroen Dijsselbloem, the Dutch chairman of the Eurozone, told the FT and Reuters that savings accounts in Spain, Italy and other European countries will be used if needed to preserve Europe’s single currency. “How are problems with traditional currencies going to play out?”, Demeester questioned. “I don’t know and I don’t care, because I own bitcoins,” was his response. (...)" coindesk/tuur-demeester-bitcoin-is-the-solution-to-financial-dissatisfaction-btclondon/
Posted on: Tue, 02 Jul 2013 23:31:38 +0000

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