Now You Know Why Greece Has Never Give A Shit To EU's Demands
Greece’s rock star finance minister Yanis Varoufakis is the star of a new film about Bitcoin
these "progressive socialists " may be stupid enough to do itA news site called Greek Reporter ran an April Fool’s joke suggesting Varoufakis would move the country to use the cryptocurrency, but this is definitely real.
The video is called Bitcoin and the Digital Economy and it’s by Kostas Mouratidis, a journalism student in Thessaloniki.
The documentary titles him as finance minister of Greece and it seems like it was filmed recently — but if it was done before late January then he wouldn’t have been in office yet, but it was only uploaded on April 9.
Here he is (from 0:45) — there’s a transcript of Varoufakis’ comments below if you don’t want to watch the whole thing:
“There is no need to
pay commission, there is no need to pay debt to any
banker.”
And then he’s back in around 3:45:
“Bitcoin’s
organisation became so that those who use it
participate in a community where jointly they follow
every Bitcoin’s move. In other words, it’s like all
of us who participate in Bitcoin to be members of
the central bank of Bitcoin.”
And 4:27
“There is an absolute
democracy and those who are in fear of manipulation of
money by the banks or the bankers feel involved in a
monetary system which is released from these dangers.”
“Each tool can be used
for good and evil purposes. Let us not forget that in
Europe the European Central Bank produces the €500
euro banknotes. I do not think that you and I have
used them very often. They are the notes that drug
dealers especially love.
What does this mean?
Does it mean that the European Central Bank created
these notes for drug dealers? The solution of these
specific problems needs to be found elsewhere.”
It will never be able
to replace the currencies that are controlled by a
central bank. At least it will not be able to do it in
a way that can be sustained…
How will the state
control these transactions and how will it tax? So it
creates major problems on the issue of taxation. To
perform under the fantasy that each of us can function
as a Robinson Crusoe in our own isolated island, and
all together to be in this archipelago consisted of a
Polynesia with small islands where everyone is the
boss. I think that’s a fantasy which ultimately leads
to economic crises like the one we have right now.
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