The Greek debt crisis in 2015 highlighted the vulnerabilities of the fiat system when citizens faced banking restrictions and capital controls. As Greece struggled with a banking crisis and deteriorating financial conditions, the European Central Bank declined to provide further support, leading to a default on an IMF loan. Citizens rushed to ATMs to withdraw funds, which resulted in significant limitations on cash withdrawals and the closure of stock exchanges. Efforts to adopt Bitcoin as a financial alternative were complicated by capital controls; banks blocked many transactions, restricting access to cryptocurrencies. Despite this, some Greeks did turn to Bitcoin, which saw increased interest. The crisis underscored Bitcoin's potential as an alternative financial system during times of fiat failure. It demonstrated that having a contingency plan involving cryptocurrencies is crucial, as the maximum value is often inaccessible at critical moments. The lesson is clear: embracing Bitcoin before a crisis can provide vital financial security.

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