THELOGICALINDIAN - n-a
If you’re planning a cruise to Cyprus abutting year, you ability not charge to change money. Bitcoin Cash proponents accept afresh met with government and banking abstracts on the island, and are alive on Bitcoin Cash affiliation with the island’s arch point-of-sale processors by November.
The accord was hinted at in a podcast hosted by Roger Ver and Daniel Kelman, as able-bodied as a bounded BCH supporter, Dimetrios Neocleous.
“By November, we’re we’re activity to accept four thousand merchant food accepting Bitcoin Cash payments,” Neocleous explains, abacus that those four thousand merchants annual for about 70% of the island’s merchants.
The podcast was hosted from Cyprus, area Ver and Kelman are casting the Bitcoin angle to bounded authorities. “We talked to some acquittal processors who are accomplishing Venmo-type payments in Cyprus and the EU, and we talked to them about amalgam Bitcoin Cash,” said Kelman, an apostle who additionally works as a Bitcoin Cash advocate.
“If we can accommodate Bitcoin Cash,” Kelman said, “Cyprus could become Bitcoin Cash Island.”
“We met with a lot of government officials, including the the president,” Kelman said. “Cyprus is demography [blockchain] legislation actual seriously.”
On Twitter, Kelman aggregate photos of the brace affair with President Anastasiades at the presidential alcazar in Nicosia. They additionally set up BCH wallets for government staff.
Although Ver and Kelman were dispersed on details, the advertisement could be a commencement to greater adoption. Cyprus’ central bank does not action cryptocurrency transactions, and cryptocurrencies are bound to bounded intermediaries, ATMs, or Revolut cards.
However, that hasn’t chock-full Cypriots from assuming their interest. The University of Nicosia is one of the aboriginal accepted institutions of college apprenticeship to acquire cryptocurrencies from its students, and its Blockchain Initiative offers the aboriginal Master of Science amount in blockchain and broadcast balance technology.
Bitcoin Cash has additionally opened an “embassy” in Limassol, the country’s additional better city.
The move to cryptocurrency is abnormally appropriate, accustomed Cyprus’ contempo banking history. During the 2013 bread-and-butter crisis, the government responded by casual the banks’ losses on to their depositors. The coffer ‘bail-in’ became a cautionary account in cryptocurrency circles, and put Bitcoin in the spotlight as a applicable another to banks and added third parties.
The columnist has investments in Bitcoin and Bitcoin Cash.
