Cyprus no longer has a problem of how to raise $5.8 billion to fund a bank bailout. It has a problem of what to do when most of Cyprus's bank deposits leave the country.
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Photographer: Simon Dawson/Bloomberg
The Rosetta Stone of Cyprus protest signs: a plea for help in English, Russian and Greek.
Leave Your Money In a Cyprus Bank. For Ten Years.
Photographer: Stephen Hilger/Bloomberg News.
Unlike Bitcoins, real currency can be used to buy stuff.
Sorry, Bitcoin Isn’t a ‘Currency’
The most recent permutation of the euro crisis seems to have enlivened a renewed interest in Bitcoin, the artificial "currency." Unfortunately it's missing the most essential aspect of money: it's not useful for buying anything. Bitcoin's rise as a...
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