BTCGreece Founder: Bitcoin Demand Has Risen by 400%
CoinTelegraph spoke with Thanos Marinos, the founder of Greece’s only Bitcoin exchange, about the current debt crisis and Bitcoin’s surge in popularity in Greece and across the EU. Thanos Marinos is the founder of BTCGreece, the country’s only Bitcoin exchange dedicated to Greek clients. Due to the current capital controls imposed in the country, BTCGreece is the only place, besides the single Bitcoin ATM in Athens, where Greeks can buy bitcoins at the moment. “The demand [for Bitcoin] in the last 4 weeks has risen by 400%.” CoinTelegraph: Can you tell me about BTCGreece?
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Bitcoin 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. Partnering with best of breed companies in the bitcoin space will enable us to provide the Greeks with solutions that will ease the difficulties of the capital controls.”....
Greece has not been a leading edge market for bitcoin, but the country's current cash crisis could be making it one. Many Greeks view the cash crisis as a boost for bitcoin, according to a Bloomberg Business report. Thanos Marinos, who prides himself on being the first to bring bitcoin to Greece a year ago, says bitcoin demand has jumped by 500 percent in four weeks. In a video interview, Marinos notes that when he began the bitcoin exchange btcgreece.com, there were five to 10 clients per day. Now there are 15 to 200 clients making deposits. "I didn't see it as much as a business case....