The “Bitcoin Relief Fund for Greece” is a long-term campaign initiated by friends and family, our mutual social media networks, corporate and business sponsors, local merchant communities and a group of financial technology entrepreneurs to bring innovative solutions to Greece’s economic crisis. It offers humanitarian relief, new business and economic opportunity for those involved. Few of the ke
y objectives are to:
- Develop IT infrastructure (called Bitcoin Nodes) to support the process of cost-efficiently implementing Bitcoin (see What is Bitcoin? ) and other cryptocurrency in Greece. The purpose is generating a sustainable and non-censorable grass-roots relief fund solution for communities most affected by the current crisis.
- Stimulate a new economy sector that can create jobs and more local trade options for local merchants, consumers and tourists.
- The idea to create a "Bitcoin Relief Fund for Greece" can be a big success for the digital currency industry in general, a new economy contributor to Greece's financial tech sector, and a dynamic example in alternative crowdfunding options to date. The important thing to consider is if this works for communities in Greece, it can work for any under served/under banked community that desires alternative remittance facilitation for local merchants and consumers.