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34 sats \ 1 reply \ @DarthCoin 13 Mar \ parent \ on: Stacker Saloon
Cyprus banks crisis vibes...
https://en.wikipedia.org/wiki/2012%E2%80%932013_Cypriot_financial_crisis
Also in Bolivia...
WHO DOESN'T HAVE BITCOIN WILL BE REALLY FUCKED.


This Bolivia case is a bit different, but it's still worrying. It’s not about cash in accounts but rather government debt in U.S. dollars ("ahorro"—which I think is "aforro" in Portuguese, meaning state debt). What’s gonna happen is that this investment will be converted into Bolivianos. I call that currency market manipulation.
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