Austerity was and is governments bailing out the rich on their gambling losses by chopping public infrastructure and services while raising taxes on the poor and middle class and lowering it for the rich (where they can get away with it.) Pure fraud possibly the biggest ever.
Greece needs to say no! Hopefully that unravels the budget scam globally and brings back sanity.
Maidsafe is quoted in Fortune on the issue of the bit coins taking up a greater role in Greece.