Spartan Route: Buying Greek Exports with Bitcoin
Thanks to its failure to meet its debt obligations, Greece is now slapped with capital controls and no other options to move cash around apart from bitcoin. Several sites are offering bitcoin loans and investments, as banks and the stock market are closed in Greece. With this disruption in normal economic activities, Spartan Route is offering bitcoin in exchange for buying Greek exports. The site mentions that a potential exit from the euro zone could leave the country unable to sell a bulk of its products, as trade relations guarantee that most shipments are sent to other member nations.....
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Earlier this week, Greece became the first developed nation ever to default on the International Monetary Fund (IMF). Negotiations with the European Union (EU) and the IMF are stalling, and Greek voters on Sunday rejected new bailout terms. On Monday, Greece closed its banks and imposed capital controls to prevent financial chaos after the breakdown of bailout talks. Banks and ATMs are still working on a very limited basis, which makes things difficult for families and pensioners. For businesses and entrepreneurs who depend on cross-border sales and imported goods or services, the....
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Russia is moving away from the dollar and the euro as payment options for its energy exports, and bitcoin has been mentioned as a possible substitute alongside the ruble and the national currencies of partnering countries. A high-ranking parliamentarian has indicated that Moscow may take cryptocurrency for natural gas and other resources. Russian Official Mentions Bitcoin Among Alternative Settlement Methods for Its Gas The Russian Federation has been taking steps in response to unprecedented Western sanctions imposed over its invasion of Ukraine. The energy-rich nation is now looking to....
300 holders of the Spartan NFT will be able to spread their ashes at a 35-foot memorial to Spartan soldiers, to be built in Greece. The company behind the Spartan Race has released a nonfungible token (NFT) collection which will immortalize the names of the initial holders in stone, with plans to build a 35-foot (10.5 meters) statue in Ancient Sparta encircled with 15,000 name-engraved stones.Spartan founder and CEO Joe De Sena plans to bury his ashes under his stone at the site dubbed the Spartan 300 Memorial, which will pay homage to the ancient Battle of Thermopylae in which 300....