"Acceptance of both bitcoin and the euro appears to be the answer. Abandoning one for the other would appear to have damaging consequences, but the institution of both the euro and the bitcoin together in Greek society is likely to aid in the financial stimulation of the country."
"Political instability in Greece could elect an anti-austerity party in the coming weeks, looking for new financial solutions, perhaps Bitcoin"
To stem the flow of cash from the country in the case of this euro-exit event, it's likely that the state would impose foreign currency controls similar to those seen recently implemented in Belarus. Imposing such a 30% tax on all foreign currency purchases would force many Greek citizens to convert any Greek-Euro holdings in a neo-Drachma almost regardless of rate. This is where digital currencies could provide a solution, by allowing Greek citizens to begin exchanging their current financial holdings into a Bitcoin like vehicle in order to evade such monetary restrictions, money could be held and exchanged outside of a volatile post-euro environment. Given Greece's historic problems with tax-evasion, it seems likely that there would be a good number of citizens used to unusual financial arrangements, and perhaps more interested in investigating new forms of financial handling in order to make their work best for them."
The Syriza coalition has not yet made any comments in regard to cryptocurrencies, but if Greece were to see an increase in the number of employers issuing, citizens holding, and merchants accepting Bitcoin as a viable alternative currency, it seems unavoidable that such a political group seeking a radical alternative to German high-capitalism ignore it."
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