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

“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 Europe’s worst-performing economy, and will seek to end the austerity measures put in place by the previous Greek government following the 2008 financial crisis.”

http://cointelegraph.com/news/113380/greeces-new-finance-minister-bitcoin-highly-problematic-currency

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