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Greece News

Greece, officially the Hellenic Republic, is a state in southern Europe. The capital and the largest city of the country is Athens. Greece is the heiress of Ancient Greece — the cradle of western civilization. Greece once had a strong and stable economy and was considered a developed country before the economic crisis in 2013, from which the country has struggled to bounce back. Because of the difficult financial situation, Bitcoin has become very popular in Greece and some experts attribute the popularity of the cryptocurrency and its rise in value to Greek traders. As authorities prohibited any money transfers to other countries in order to avoid any capital outflows from Greece, Bitcoin is currently one possible currency to make such operations.
The mayor of the Greek island of Angistri has agreed to a trial of the digital currency Nautiluscoin as a way to attract tourists.
Greek Island to Trial Gold-Backed Digital Currency Alternative to the Euro
Charlie Richards
2015-07-08T19:20:18+01:00
1131
Bitcoin expert Andreas Antonopoulos compared the disruptive potential of the cryptocurrency to the Punk Rock movement of the 70’s and addressed the problems in ...
Andreas Antonopoulos Rocks Wired Money 2015 Conference in London
Evander Smart
2015-07-08T15:20:13+01:00
578
The number of Bitcoin transactions surged to a new record high Tuesday, dwarfing previous peak activity including that seen during the Mt. Gox implosion in Dece...
Bitcoin Transactions Surge to Record Highs amid Greece Crisis
William Suberg
2015-07-08T11:56:16+01:00
1777
The luxury marketplace that accepts Bitcoin, BitPremier, is listing a Greek Villa for sale. The home is priced at almost 5,000 bitcoins, or €1,200,000.
Greek Homeowner Seeks to Convert Real Estate Wealth to 4,955 BTC
Jamie Redman
2015-07-08T09:54:26+01:00
1055
Nick Szabo has published new research in a blog post exploring how bitcoin may help Greece avoid an ultimate financial meltdown.
Nick Szabo on How Bitcoin Could Help Greece
Joseph Young
2015-07-05T11:51:59+01:00
1681
The India-based Trestor Foundation — maintainer of the Trestor digital currency — has offered all “credit-worthy” Grecians a loan for 2,000 euros’ worth of tres...
Trestor's €2,000 Crypto Loans Could Beat Bitcoin at Aiding Greece
Amanda B. Johnson
2015-07-04T19:36:00+01:00
770
In a possible redux of the handling of the Cyprus economic crisis from 2013, Greek banks are setting new contingency plans for a possible “bail-in” to avoid col...
Greek Banks Plan For 'Bail-In' Withdrawals From Consumer Deposits
Evander Smart
2015-07-04T10:47:55+01:00
2128
As Greece approaches the referendum on Sunday July 5, there is complete uncertainty as to whether “yes” or “no’ will be voted for and what the ramifications of ...
Greece Down to Its Last €500 Million with No Ability to Print Drachmas
George Samman
2015-07-03T11:30:46+01:00
578

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