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Author Topic: [2015-07-10] The First 2-Way Bitcoin ATM Installed in Greece  (Read 756 times)
EternalWingsofGod
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July 11, 2015, 08:15:47 AM
 #1

The first 2-way bitcoin ATM in Greece will be inaugurated in downtown Athens on Saturday at The Cube.

The Cube coworking space, or the Athens Startup Ecosystem as it is entitled, is a building housing several startups, providing space, computers, internet, secretarial and all-around support. It is the brain child of Stavros Messinis and it is run by himself and his wife Maria Kalafatis.

http://greece.greekreporter.com/2015/07/10/the-first-2-way-bitcoin-atm-installed-in-greece/

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July 11, 2015, 10:07:02 AM
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" Asked how the bitcoin would fare in the Greek economy that relies heavily on cash, Messinis replied: “We really don’t know but it will be an interesting experiment – in the future, bitcoin will very likely be a major currency so we’re hoping to learn as much about this new world as early as possible.

The Greek economy relied heavily on cash, until they were fucked by the banks... People have now realized that the banks and cash is a failed system.

The Bitcoin community already offered them a alternative, it's their choice if they want to keep on riding a dying donkey or jump onto a racing horse.  Grin Grin Grin

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July 11, 2015, 02:46:26 PM
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" Asked how the bitcoin would fare in the Greek economy that relies heavily on cash, Messinis replied: “We really don’t know but it will be an interesting experiment – in the future, bitcoin will very likely be a major currency so we’re hoping to learn as much about this new world as early as possible.

The Greek economy relied heavily on cash, until they were fucked by the banks... People have now realized that the banks and cash is a failed system.

The Bitcoin community already offered them a alternative, it's their choice if they want to keep on riding a dying donkey or jump onto a racing horse.  Grin Grin Grin

If they "depended on cash heavily" then did they store it in banks or mattress?

Is there a large part of people who don't care if banks limit withdrawals?

Coinbase for selling BTCs or Vircurex for trading alt cryptocurrencies like DOGEs
CoinNinja for exploring the blockchain.
PM me with any questions on these sites!  Happy to help!
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July 11, 2015, 04:54:38 PM
 #4

This post needs proper formatting to fit into the news section, please include a date in the right format.

fortitudinem multis - catenum regit omnia
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July 11, 2015, 06:20:33 PM
 #5

i hope they will release some data about how much the atm is used. i am curious to find out if greek people are really interested in buying bitcoin to avoid their shitty banks and government.
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July 11, 2015, 07:48:21 PM
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i hope they will release some data about how much the atm is used. i am curious to find out if greek people are really interested in buying bitcoin to avoid their shitty banks and government.

They apparently had 2000€ volume in one morning. Not bad, I think.
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July 12, 2015, 06:00:17 AM
 #7

This post needs proper formatting to fit into the news section, please include a date in the right format.

My apologies the title has been edited
Thanks for pointing it out

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July 12, 2015, 07:04:38 AM
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The problem is people's fiat is locked up in banks, with daily withdrawal limits. The Euro isn't such a bad currency after all. People would be happy to store their money in Euros. The problem is the threat that banks may seize a portion of the deposits.
So if somebody has hard Euros, he might just decide to keep it, instead of buying BTCs at an ATM.


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TraderTimm
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July 12, 2015, 03:15:08 PM
 #9

This post needs proper formatting to fit into the news section, please include a date in the right format.

My apologies the title has been edited
Thanks for pointing it out

Thank you for editing it, makes things easier to parse.

fortitudinem multis - catenum regit omnia
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July 13, 2015, 04:56:46 PM
 #10

Another interesting article to this topic.

Greece Gets Its First 2-Way Bitcoin ATM
http://coinyoo.com/2015/07/13/greece-gets-its-first-2-way-bitcoin-atm/

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