Tales from the crypto: lira crisis fuels Bitcoin boom in Turkey

Lack of trust in official currency has led to surging interest in cryptocurrencies – despite their volatility and government opposition

In the offices of AltCoin, a cryptocurrency hub tucked away in a sidestreet in Istanbul’s bustling Kadıköy neighbourhood, two wall-mounted TV sets showed the live value of currencies bitcoin and Ethereum, both graphs sloping downwards.

AltCoin’s all-male inhabitants were not worried – in the chaotic world of cryptocurrency, their fortunes could soon change.

Continue reading…
Lack of trust in official currency has led to surging interest in cryptocurrencies – despite their volatility and government opposition
In the offices of AltCoin, a cryptocurrency hub tucked away in a sidestreet in Istanbul’s bustling Kadıköy neighbourhood, two wall-mounted TV sets showed the live value of currencies bitcoin and Ethereum, both graphs sloping downwards.
AltCoin’s all-male inhabitants were not worried – in the chaotic world of cryptocurrency, their fortunes could soon change. Continue reading…Technology | The Guardian

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