29 Jun '15, 8pm

Who sees opportunity now in Greece? Oh, Bitcoin.

Who sees opportunity now in Greece? Oh, Bitcoin.

The Bitcoin community is having a bit of an "I told you so" moment. The value of the virtual currency has been on the rise this past month amid the growing panic about Greek’s financial future. Across the country, banks are shuttered and capital controls are in place until the referendum on Sunday. By Saturday, a rush emptied as many as 500 ATMs, Bloomberg reported . It’s in this context that using Bitcoin may seem appealing. The virtual currency is touted by its fans as the future of finance because it isn’t subject to any governmental control or central authority. For many, including well-known Internet entrepreneur and businessman Kim Dotcom, the crisis in Greece serves as a huge argument in favor of Bitcoin. It is likely that a #Greece bankruptcy will trigger a market crash. My advice: Buy #Bitcoin & #Gold Both will rise when the markets crash. — Kim Dotcom (@KimDotcom...

Full article: http://www.pri.org/stories/2015-06-29/bitcoin-wants-be-an...

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