Bitcoin Interest Spikes in Istanbul Amid Turkish Currency Crisis
August 14, 2018 by William Peaster
Citizens in Istanbul, Turkey’s largest city, began visiting Bitcoin.org in droves in the wake of the politically-driven currency crisis that has rocked the Eurasian nation and its lira over the past few days. That’s per the site’s co-owner Cøbra, who called the spike “MASSIVE.” It’s an interesting trend that casts BTC as an increasingly looked-to redoubt in nations where centrally mismanaged monetary policies have led to disaster.
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