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TampaAnimusVortex

(785 posts)
Thu Jun 18, 2015, 03:48 PM Jun 2015

The Greek people learn how to protect their money - Bitcoin!

http://business.financialpost.com/investing/bitcoin-is-the-real-winner-in-greece-crisis

The virtual currency has been steadily climbing this month as talks have broken down between Greece and its creditors. Invented six years ago as an alternative to fiat currencies, Bitcoin has now climbed nearly 10 per cent in the past few days. On Wednesday, the value of one bitcoin rose 1.54 per cent, or US$3.86, to US$254.76.

The main driver for bitcoin prices seem to be Greek buyers. Joshua Scigala, co-founder of Vaultoro.com, told Reuters this week that his company has seen a 124 per cent pick up in web hits from Greek IP addresses.
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