1,000 Bitcoin ATMs to Come to Greece as Trust in Banks Has Left – Bitcoints

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Published on August 18th, 2015 | by bitcoin

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1,000 Bitcoin ATMs to Come to Greece as Trust in Banks Has Left

1,000 Bitcoin ATMs to Come to Greece as Trust in Banks Has LeftBitcoin 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.
“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.” 

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Source: Cointelegraph.com

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