Bitcoinist - Ukraine Economy Bailout Presents Bitcoin Opportunity

[jdebunt]

For some countries around the world, times are very tough as local economies are starting to fall apart. Ukraine is one of those countries, as inflation will be hitting a record-high of 44 percent later this year. Combine that number with a near 25-percent inflation, and anyone can see why the Ukraine economy needs a bailout. At the same time, Ukraine’s central bank is warning people about the use of Bitcoin and other digital currencies.

http://bitcoinist.net/ukraine-economy-b ... portunity/

[Acidyo]

Ukraine’s central bank is warning people about the use of Bitcoin and other digital currencies.

http://bitcoinist.net/ukraine-economy-b ... portunity/

Funny, the banks here in Finland have been the same way. One bank even went out of their way to send my friend a letter why she was using services like kraken.com and where she is sending money. They are starting to face their demise.

[stan.distortion]

For some countries around the world, times are very tough as local economies are starting to fall apart. Ukraine is one of those countries, as inflation will be hitting a record-high of 44 percent later this year. Combine that number with a near 25-percent inflation, and anyone can see why the Ukraine economy needs a bailout. At the same time, Ukraine’s central bank is warning people about the use of Bitcoin and other digital currencies.

http://bitcoinist.net/ukraine-economy-b ... portunity/

Warning about bitcoin while needing bailing out? Oh, the irony

[iFixBTCmemoryIssues]

For some countries around the world, times are very tough as local economies are starting to fall apart. Ukraine is one of those countries, as inflation will be hitting a record-high of 44 percent later this year. Combine that number with a near 25-percent inflation, and anyone can see why the Ukraine economy needs a bailout. At the same time, Ukraine’s central bank is warning people about the use of Bitcoin and other digital currencies.

http://bitcoinist.net/ukraine-economy-b ... portunity/

The Ukraine should mandate that all banks offer Bitcoin to its customers. They would be surprised by how much money they would make, no more bail-out. It would be easy too, they have their fair amount of computer geniuses

[LiteCoinGuy]

"Last week PrivatBank became the first Ukrainian bank to integrate bitcoin as a settlement tool. As of December 14, it has been available to several customers of the bank, while as of December 20 any entrepreneur has had an option of accepting bitcoins for goods and services.

Unfortunately, merchants cannot accept bitcoins directly. As the customer sends his or her bitcoins to the bank, the merchant receives a hryvnia-equivalent of the amount. This limitation is related to lack of legal certainty for bitcoin in Ukraine. However, the National Bank of Ukraine stated that it was going to integrate bitcoin in the country’s financial system. This means that immediate acceptance of bitcoins in Ukraine is but a matter of time.
ForkLog talked with Mr. Donets at the conference."

http://forklog.net/privatbank-blockchai ... n-bitcoin/



i guess the warning is a bit old...