Bitcoin is the real winner of the Greek crisis with the virtual currency steadily climbing as talks have reached a deadlock between Greece and its creditors. Invented six years ago, as an alternative to other currencies, Bitcoin has climbed nearly 10% in just a few days with Joshua Scigala, co-founder of Vaultoro.com telling Reuters that his company has seen a 124% pick up in web hits from Greek IP addresses.
The reason why Greeks are eyeing Bitcoin is the uncertain future with many Greeks puling out their money from bank accounts fearing the effect that a default would have on its currencies.
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