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Topic: Greece to Receive 1,000 Bitcoin ATM's - page 2. (Read 1371 times)

sr. member
Activity: 476
Merit: 250
U will never know the true answer, before you try
August 18, 2015, 10:27:15 AM
#6
“Btcgreece and Cubits are offering a solution to the small and medium sized businesses to keep their operations, pay their invoices outside of Greece, pay for datacenter and servers, without the limitations imposed by the banks under capital controls.”
i like your job man Smiley
now we can save ower money and we have own bank  Grin
sr. member
Activity: 336
Merit: 251
August 18, 2015, 10:19:07 AM
#5
This is very good news and its bound to dive adoption.

Could not agree more with this:

Quote
“Bitcoin adoption is happening and in a very fast pace,” explained Marinos. “Bitcoin in Greece is not just hype but a solution to day to day problems of people and businesses under capital controls. Also a key factor is that the trust for the traditional banking system is long gone and people are open to bitcoin.”


Just hope that the fees are not so high that it discourages people from using them.
legendary
Activity: 1148
Merit: 1014
In Satoshi I Trust
August 18, 2015, 09:51:28 AM
#4
1000....yeah...for sure  Roll Eyes

i read so many news where companies announced that and it never happend. even 10 atms would be good for greece.
hero member
Activity: 788
Merit: 1000
August 18, 2015, 09:42:26 AM
#3
And this is how mainstream adoption happens.
hero member
Activity: 1582
Merit: 502
August 18, 2015, 09:36:09 AM
#2
Indeed it is an interesting development.
However I think this should have been done a long time ago.
Like you said: Food comes first.
member
Activity: 112
Merit: 10
Crypto-Games.net: DICE and SLOT
August 18, 2015, 09:22:26 AM
#1
Interesting development. Curious as to how it might affect the price of Bitcoin when the ATM's are in place. I worry the Greeks don't even have much money left to purchase Bitcoin now. I mean, being able to buy food comes first.

Will Greek law and their government allow these ATM's? If the government can close your bank account down and take your money, you have to wonder.

'Bitcoin service provider and exchange Cubits has partnered with Greek bitcoin exchange BTCGreece to install 1,000 bitcoin ATMs and help small and medium sized businesses move money.

“We are creating the ecosystem of bitcoin and blockchain solutions in the Greek market.” BTCGreece founder Thanos Marinos told CoinTelegraph. “That will include the rollout of 1,000 ATMs and solutions for the e-commerce and tourism industry. Partnering with best of breed companies in the bitcoin space will enable us to provide the Greeks with solutions that will ease the difficulties of the capital controls.”
'

http://cointelegraph.com/news/115143/greece-to-receive-1000-bitcoin-atms-as-trust-in-banks-long-gone
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