Published on August 20th, 2015 | by bitcoin0
Greece is planning to install 1000 Bitcoin ATMs – Business Insider
The installation of the ATMs, which allow users to exchange cash for bitcoins, reflects the growing interest in bitcoin in Greece at a time of economic uncertainty.
Bitcoin is seen by some in Greece as a way to circumvent strict capital controls in the country that have been in place since June.
“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.
Marinos claims to have received requests from 300 shops in Greece for bitcoin ATMs to be installed on their premises, with plans for the first ATMs to be rolled out in October.