Turkey’s Currency Instability Pushing People to Bitcoin

Remember when cryptos were deemed unusable because, unlike fiat, they were volatile? The tables are gradually turning and Turkey is the latest case. The country’s currency, the lira, has recently experienced a drastic drop in its value relative to the US dollar which has quickly drawn comparisons with Bitcoin. Faced with an economic crisis and […] дальше »

2018-8-14 18:00

Фото:

‘We Couldn’t Get Any Foreign Currency’ – Turkey’s Capital Controls Show Why Bitcoin Exists

Turkey introducing capital controls to stem the impact of its currency crisis means traders can “expect” higher Bitcoin prices on local exchanges, a well-known online commentator has suggested. ‘Expect Price Premium’ Tweeting August 13, BambouClub eyed spreads on P2P platform Localbitcoins, forecasting buy and sell asks to increasingly diverge as the country’s economic situation worsens. дальше »

2018-8-14 22:00

Turkey Opens its First Blockchain Research Center

Turkey has inaugurated its first blockchain university center, called the “BlockchainIst center,” on Aug 3, 2018, according to local news outlet Daily Sabah. The rationale behind the blockchain university is to minimize the market gap in expertise to utilize the blockchain technology in the secure tracking of digital transactions in various fields across the country. дальше »

2018-8-4 15:34