Greece’s New Finance Minister: Bitcoin ‘Highly Problematic Currency’

By January 28, 2015Bitcoin Business

Yanis Varoufakis The Finance Minister of Greece’s new radical left-wing government, while at the center of anti-austerity financial policy, is in no way optimistic about Bitcoin, it has emerged.

In an article on his website blog from April 2013, Yanis Varoufakis discusses the “impossibility” of a decentralized currency being controlled “apolitically,” and describes this as a “dangerous fantasy.”

He stated: “[T]here can be no de-politicized currency capable of ‘powering’ an advanced, industrial society.” Varoufakis has inherited […]

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