tabnloz
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February 17, 2015, 02:00:55 AM

Tonight I have met a Danish guy who explained me in Denmark everybody uses MobilePay which is basically like Bitcoin but easier to use. We are doomed.

Denmark has been busy cutting interest rates to devalue the kroner (to keep with the peg to Euro). While they can print as much local currency as they wish, their economy & balance sheet cannot handle the expansions in the same way the EU or US can. Good chance they will have to depeg like the Swiss have done. So, in that sense bitcoin isn't doomed in Denmark, however as a convenient option, local, small app based banking products are winning the race.