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Amid the Greek Crisis, Bitcoin Reminds Everyone It’s Not Perfect

Transactions are taking five times longer to authenticate due to a software upgrade problem

The economic crisis in Greece has turned some attention to Bitcoin again. The price of the digital currency has rallied over the past few days, partly because some Greeks have been snapping up the currency amid bank closures and cash withdrawal limits. It's trading at the highest rate since March, and Bitcoin bulls expect demand to go even higher if the situation worsens. Citing the Greek crisis, Coinbase waived fees last week for customers buying Bitcoin with euros.

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