Greece’s Varoufakis: Bitcoin Can Be Used in Eurozone ‘As Weapon Against Deflation’

By February 21, 2015Bitcoin Business

Greece’s Varoufakis: Bitcoin Can Be Used in Eurozone ‘As Weapon Against Deflation’ Likes21

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G+1Pin inShare 1Greek finance minister Yanis Varoufakis has hit back at criticism resulting from his appraisal of Bitcoin in a blog post last month, calling Bitcoin “too deflationary to work” while continuing to support its underlying technology.In a second post published today, Varoufakis writes that those skeptical of his views on Bitcoin “reveal a powerful tendency to underestimate the ill-effects of deflation […]

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