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Dash Embassy Update: Blockchain TR Summit – Dash Embassy Turkey

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First published at 17:04 UTC on August 23rd, 2018.

DashEmbassyD-A-CH

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Meet Gökçe Phillips, a blockchain entrepreneur from Turkey who has invited us to speak at the Blockchain TR Summit in Ankara, Turkey, about Dash, its features, the DAO and the Dash Embassy concept. There are even talks about establishing a Dash Embassy in Turkey.
This country is in desperate need for a functioning currency because there is no bullish case to be made for the future of the Lira which already lost nearly half of its relative value in one year (90% inflation at the height) and it is very important to get a foot in the door as soon as possible.
Because of the devaluation, cryptocurrencies are becoming more and more popular in Turkey and it is estimated that nearly 20% of the population already own Bitcoin: https://think.ing.com/uploads/reports/ING_International_Survey_Mobile_Banking_2018.pdf
Turkey is also very important for Dash adoption in the D-A-CH region. There are currently more than 3 Million people of Turkish origins in Germany and Austria. Because of family ties and remittance between the two regions it is clear that adoption in one of the regions can help to foster adoption in the other region.

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