Greece Should Launch its Own Digital Currency…

Alongside the Euro, and with no paper counterpart.

Cut out the Greek banks. They’re part of the problem.

To be used in its own online-mobile payment system.

Instead of paying pensions and other social obligations in Euros (which the authorities and the markets are not lending it any more), Greece pays them to its citizens in eDrachma. Better some money that not everyone takes than no money at all.

Greece accepts tax payments from Greek residents in eDrachma.

The eDrachma is nominally at parity with the Euro. eDrachma can be bought from the Greek authorities at par.

The eDrachma system collects its own taxes.

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