Bitcoin euro crisis

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The cash crunch in Greece may be driving some local interest in alternative bitcoin euro crisis as one bitcoin company targets Europeans to "take control of their own wealth. This week, there was a 35 percent increase in activity in Greece compared to average weeks for the company Coinbase, which allows people to buy and store bitcoins, the bitcoin euro crisis currency introduced in Based in San Francisco, Coinbase operates with banks in 24 countries with a 1 percent fee for exchanging bitcoins into the local currency and vice versa.

The company announced Tuesday that it is lowering fees to zero when bitcoin euro crisis bitcoins with euros through July 5. Sending and receiving bitcoins is a free service.

People in Greece aren't able to make bank transfers after the government began limiting cash withdrawals to 60 euros earlier this week. If Greeks don't already have bitcoins, it's essentially as hard to exchange for them as it is to get cash, said John Villasenor, Brookings fellow and UCLA professor of electrical engineering and public policy.

Though there may be a stronger interest in bitcoin with the limited banking services available in Greece, Villasenor urged caution toward the digital currency. Coinbase has seen a roughly percent increase in activity from European users in the last 48 hours, the company told ABC News. I would put it in a traditional bank outside of Greece," Villasenor said. Add as an interest to stay up to date on the latest news, video, and analysis from ABC News. Stormy Daniels' bitcoin euro crisis slams Giuliani's defense of Trump as a 'train wreck'.

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