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Comment Re:Good for greece (Score 1) 1307

Probably would have been fine if Greece hadn't cooked the books just to get the Euro in the first place

You have to wonder about that. The EU knew they cooked the books and had a helping hand in them doing it.

And yea I am really sure everyone is going to be just clamoring for Greece;s own currency... not.

I have always wanted to see Greece, If they go back to the Drachma that might just happen.

Comment Re:Good for greece (Score 1) 1307

The way I see it - the banks richly deserve this

When it comes to mainland China's jurisprudence there is very little I agree with. There is one thing I think they got very right.

If a bank fails in China, all the directors are subject to the death penalty Their families get billed for the bullets.

Comment Re:Good for greece (Score 1) 1307

Yes. That was 40 years before any talk of the Euro. So what's that got to do with "designing a currency"?

The EU disagrees with you

Winston Churchill calls for a "kind of United States of Europe" in a speech he gives at the University of Zurich.

Perhaps you would like to learn about it ?

http://europa.eu/index_en.htm

  Or are you going to say you can have a united states circa 1945 without a national currency ?

Did New York and Detroit benefit equally from the same national monetary and trade policies ?

Probably not, but what's that got to do with "designing" a currency, or Greece?

LOL I have to wonder if you are stupid or trolling ? If you are this dense

Here
https://www.google.com/search?...

Go to town. If you're a troll well at this point I am done feeding you.

Comment Re:Good for greece (Score 1) 1307

In what sense was the Euro designed for an industrial nation? In what sense does that make it unsuitable for a tourism based one?

Man you do realize the EU started out as an agreement on coal and steel trading ?

And does this distinction apply within nations? If I own a hotel in Brighton should I be using a different currency to a factory owner from Birmingham?

Good job constructing a strawman there and trying to sneak it through. Phrasing your question correctly "Does Birmingham and Brighton have the same economic needs at the same time ? "

Now lets answer that with an example and question that has solid contrast. Did New York and Detroit benefit equally from the same national monetary and trade policies ?

Comment Re:Good for greece (Score 2) 1307

All fiat currencies are inflationary, it's something of a design goal, deflation being a greater fear than inflation. A tourist economy isn't likely to be in sync with the industrials in terms of it's particular needs.

Comment Re:How much electricity was used last month to min (Score 1) 179

Bitcoin is hip, it's new, it's not your dads money.
If you use bitcoin you're part of the future not part of the past.
You want to be part of the future, cutting edge don't you ?

That's the fashionable crowd.

For others there is the partially correct impression that bitcoin is much more anonymous than credit/debit cards.

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