Bitcoin Looks Very Attractive To Greeks Right Now
In the face of another financial crisis, Greek citizens are looking for alternative places to store their wealth — including digital currencies.By Matt Picht | July 4, 2015
As Greece's citizens confront shuttered banks and cashless ATMs, many of them could be thinking the same thing: "Maybe I should have bought Bitcoin."
Advocates say the once-fashionable digital currency is the perfect remedy for Greeks who have been hit hard by the current financial crisis.
Michael Perklin, president of the Cryptocurrency Certification Consortium, told BNN "Millions of Greek citizens have placed the money they earned into their bank accounts, and they simply can't get it back. With Bitcoin, you control your money. Which means that there is no other company or government or bank that can stop you from having access to your money."