Local Bitcoin ATM operator explains that crypto won't have an impact on tourism in Greece until the adoption is more common among businesses and the government.
for its touristic lures of idyllic beaches and a laid-back lifestyle. Prior to the outbreak of the global pandemic, the World Travel and Tourism Council said that tourism generated over one-fifth of Greece’s total GDP.
Although Mykonos and Santorini are the most visited tourist destinations, the mainland ATMs have the majority of traffic, according to Tsangalidis — especially central Athens, where the first ATM was installed, and Thessaloniki. In Heraklion, the capital of Crete, the local start-up accelerator H2B Hub made a collaboration with the Greek-speaking University of Nicosia to create and support a local blockchain community.While tourism bolsters parts of the Greek economy, according to Tsangalidis, it doesn’t translate to the crypto scene. “Unfortunately, the absolute opposite happens,” says Tsangalidis.
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