Reply to post: Re: @ Jonathan 29 Cash... ?

Euro banks warned off Bitcoin as Canada regulates it

Anonymous Coward
Anonymous Coward

Re: @ Jonathan 29 Cash... ?

Up until the point where the entire banking system collapses, when the guarantee will be suddenly revoked (like they tried in Cyprus). Organisations with a monopoly on violence can get away with stuff like that. One of lifes most important rules is never believe anything a government promises is actually guaranteed in the face of changing circumstances. They will alter the deal. Pray they don't alter it further.

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