Bitcoin Forum

Bitcoin => Press => Topic started by: LiteCoinGuy on July 11, 2015, 11:00:47 AM



Title: [2015-07-11] Fortune: Bitcoin: Greece’s new euro workaround?
Post by: LiteCoinGuy on July 11, 2015, 11:00:47 AM
Bitcoin: Greece’s new euro workaround?

Joaquin Fenoy was wandering the streets of Athens Friday, doing his bit to ease Greece’s currency restrictions. He wasn’t handing out cash, but rather installing an ATM with a withdrawal limit of €1,000 (about $1,100). That’s €940 above the €60 daily ATM withdrawal limit the Greek government put in place to stop a bank run as its creditors decide the country’s financial fate.

There is one catch, though: You need to have the virtual currency bitcoin to use it.

http://fortune.com/2015/07/10/greece-bitcoin-bitchain/


Title: Re: [2015-07-11] Fortune: Bitcoin: Greece’s new euro workaround?
Post by: kjlimo on July 11, 2015, 02:37:28 PM
I assume there are already peer to peer loaning sites taking advantage of loaning bitcoins to greecians to access their bank accounts?

Gotta love the free market!