Italy is known for many things such as exquisite food, landscapes, art, science, technology and luxurious cars among other things. Despite the fact that there are only around 10 Bitcoin ATMs (or BTMs) considering how many Bitcoin machines you can find elsewhere, this mediterranean country is gaining a lot of interest and momentum around Bitcoin and digital currencies. There are a wide range of online shops that accept Bitcoin and altcoins payments but only a few of them are Italian-based. One of those is called My Btc Store, something similar to Ebay because it allows people to buy and sell items with Bitcoin, litecoin and dash. It is 100 percent Italian and fees are as low as 0.001 percent.
Inbitcoin is the first Italian company to allow merchants accepting Bitcoin in their store, both for B2B and B2C activities. Inbitcoin mainly operates in Trento, Rovereto, Pordenone and Milan but also works with innovative companies based in England, Luxemburg, Malta and Holland. Based in Rome for the greatest part, Blockchain Education Network Italia is an Italian association that aims at spreading the word of Blockchain technology through meetups, conferences and the development of new projects and startups based on the distributed ledger. It was born back in 2014 and now has more than 200+ associated within the whole country.
BlockchainLAB based in Milan and launched last year is the first entrepreneurial effort that brings together the best experts on the Blockchain in an Italian center of excellence dedicated to research. BlockchainLab members include entrepreneurs and developers that work on their own startups and companies as well, including Ethernity Wall, GreenAddress, HelperBit, HolyTransaction and more. Earlier last year the first master class about cryptocurrencies was held in Bari, organized by the Bitcoin foundation Puglia and the local Università degli studi Aldo Moro, south Italy. This foundation was created last year thanks to a few Bitcoin enthusiasts including, among the others, Giuseppe Grisorio and Alessandro Ricciuti.
Would you spend your Bitcoins in a foreign country like Italy during your vacation?
If they ban Bitcoin in my country, I will take a luxurious holiday of a life-time in a foreign country where bitcoins are accepted. Most countries
have strict capital controls, but I will use methods to get past that to take my bitcoins out of my country and spend it on booze and goods and
the nice things I cannot do in my own country. So yes..... I will take the holiday, I could not do in my own country and have a whale of a time.