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 key 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.
