Is Bitcoin the new Euro ?
Is Bitcoin the new euro ?
The Baltic countries are showing more and more interest in cryptocurrencies. Today, one can pay cryptocurrencies for services in 30 places in Vilnius, 26 in Tallinn and 21 in Riga. Bitcoin ATMs are also installed in the capitals of Estonia and Lithuania.
The boom of cryptocurrency payments began with the services sector: restaurants, bars, hotels and souvenir shops. But now in the Baltics, cryptocurrencies are also accepted when dealing with real estate. At the same time, cryptocurrencies in the Baltic countries are not regulated, although Latvia has made attempts to define bitcoin.
By giving a move to cryptocurrencies, the Baltic States repeat the trend of the countries of Western Europe. The number of European stores that take bitcoin as a means of payment, already counts in the thousands. In the future, cryptocurrencies may become a full-fledged participant in the financial market of Europe on a par with the Euro, and in some ways even replace it.
Original news : https://medium.com/ico-crypto-news
Original news , Read More : https://medium.com/ico-crypto-news/is-bitcoin-the-new-euro-3bb7a84c1a5c
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Nice write up! Thank you for sharing :)
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By definition, Bitcoin is apolitical. It is its greatest strength and weakness.
Great post, @kitty24! That's very exciting to hear such positive news in that part of Europe. I found your post from your link on Minds.com. Definitely worth a follow and upvote. Have a great weekend :)