“Since Sunday, a trio of Bitcoin apps have soared upSpain’s download charts, coinciding with news that cash-strapped Cyprus was planning to raid domestic savings accounts to pay off a $13 billion bailout tab. Fearing contagion on the other end of the Mediterranean, some Spaniards are apparently looking for cover in an experimental digital currency. That Spaniards would consider converting a portion of their dwindling savings into a peer-to-peer currency vulnerable to wild price fluctuations and the odd thieving Trojan speaks volumes about banking confidence in some parts of Europe.”
http://www.businessweek.com/articles/2013-03-20/jittery-spaniards-seek-safe-haven-in-bitcoins
Did you like this?
Tip Freedomwat.ch Staff with Bitcoin
Tip Freedomwat.ch Staff with Bitcoin
(Visited 39 times, 1 visits today)
Related posts:
U.S. sends anti-missile destroyer near North Korean coast
Trump’s Electronics Ban Is Ineffective, Says International Air Transport Association Chief
Postal Service bans images of marijuana on stamps
In Newtown, Gun Permits Surge After Shooting
Judge reaffirms 'Constitution-free zones' near border
Russia developing new nuclear weapons to counter US, NATO
Former Mexico president calls for marijuana legalization
Human rights group demands halt to live ammo use in Egypt
No Negative Rates Without Banning Cash, Says Former Fed Official
Fukushima leak is 'much worse than we were led to believe'
IRS sets up dedicated cybercrime unit to combat identity theft
St. Louis residents became aware of Army nuclear waste dumping via HBO doc
Police can legally use 23andMe, other ancestry tools to obtain your DNA
UK Government and Isle of Man in deal to stop offshore tax evasion
US drugs prosecutors switch sides to defend accused Colombian traffickers