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There was a spike in Bitcoin prices when Cyprus, another EU member state, imposed capital controls during a potential default and driving Bitcoin prices up 400%
by eastbayjake 11y ago
There was a spike in Bitcoin prices when Cyprus, another EU member state, imposed capital controls during a potential default and driving Bitcoin prices up 400%. Greece is following almost the exact same path, limiting bank withdrawals to €60 per day.
- chinathrow 11y agoHow would you transfer money into a bitcoin wallet when the withdrawals are that limited?
- eastbayjake 11y agoIt's very hard -- there's only one Bitcoin ATM in all of Greece and six businesses to spend it at -- but Bitcoin exchanges are reporting huge spikes in Greek usage: http://money.cnn.com/2015/06/29/technology/greece-bitcoin/ http://money.cnn.com/2015/06/29/technology/greece-bitcoin/