Bitcoin cash embassy will debut in Cyprus

Bitcoin cash embassy will debut in Cyprus

The ideal country encryption currency

The second largest city of Limassol will open its first bitcoin cash Embassy in early 2018. There will be an open community center, where people can talk about encryption currency, to participate in free discussion and attend regular meeting will be held in contact with industry experts. The founder of the financial technology company HelloGroup, the company a month ago in Limassol to install the first bitcoin ATM.

Bitcoin cash embassy will debut in Cyprus

Cyprus is the ideal place to hold encryption currency. It is a lot of need to reduce costs to the cross-border transfer of Europe, Russia and the Middle East’s overseas financial center. The local people on 2013 by the “self-help” mechanism in crisis situations in mind, so easier to find this currency. For example, Nicosia University Cyprus is the first to offer a master’s degree in digital currency academic institutions in the world.

Bitcoin cash is more superior

Encryption currency bitcoin supporters feel excited is the main reason of cash it in terms of speed and cost better. RoySebag founder Goldmoney just tweeted that want your company as soon as possible to bitcoin cash into the business, because bitcoin transactions need 10 hours to confirm, but bitcoin cash without this problem.

Many advocates also believe that the concept of bitcoin cash is more loyal to the encryption currency. Japan’s financial giant SBI CEO Kitano Yoshiko recently commented:

Nakamoto was initially written bitcoin white paper vision requires a P2P electronic cash system. The vision is very great, the SBI group will invest in the construction of a daily payment in the global bitcoin future cash.”

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