Spartan Route - Capital Controls - Greece
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Transcript of Spartan Route - Capital Controls - Greece
@Spartanroutewww.Spartanroute.com
The Problem
Import difficulties
Restrictions of the Banking System
1
Disruption of Business Activities
The Solution
Transcend Banking Restrictions
Use Bitcoin to pay for your imports
Protect your Business
Import/Export Landscape
Greek Product Exports and Import
Product Import (60 Billion) Product Export (33 Billion)
Total Import/Export (€93Billion)
Total Imports (€60 Billion) Total Exports (€33 Billion)
Bitcoin for Imports
• Through Spartan Route services Greek Business can pay for their imports with Bitcoin.
• Presently, acquiring Bitcoin in Greece can be difficult, as there is low Bitcoin liquidity in the country.
4 options to acquire Bitcoin:
Bitcoin ExchangeBTM (A Bitcoin ATM)Give Spartan Route cash (we will then acquire Bitcoin)Exports Goods & Services for Bitcoin
Bitcoin Exchange
CONS:- Very limited deposit amount available- You will pay above market price due to limited availibility
PRO: Two Bitcoin Exchanges in Greece that enable customer to purchase Bitcoin through a Bank transfer within Greece.
B.T.M
PRO: Effectively enable you to convert your fiat currency into Bitcoin.
CON: Unable to process large transactions volumes
Export your goods for Bitcoin
Best Solution to bring Bitcoin Liquidity into the Greek Market
How?
- Greek Business transfer value out of the country via goods & services
- Instead or receiving illiquid assets (Euro) for exports, receive a liquid asset, Bitcoin !
- In turn, through Spartan Routes services, this Bitcoin can then be used to pay for Imports.
What if I don’t Export?
Importers who do not Export – Can sell their goods for Bitcoin online – “EBay/Amazon” style.
How?
Through a Bitcoin Market-Place, Greek Business can sell their products internationally and get paid with Bitcoin.
Spartan Route will help you find an international market for your goods through our“Spartan Route Bitcoin Store ”
What are my Risks?
Volatility of Bitcoin PriceWe recommend 3rd party wallets which provide insurance through derivatives to eliminate exposure to volatility risk.
Credit RiskUnder the right circumstances we are happy to make payment to your supplier in advance of receiving payment from Greek company.
Exporter
Greek company supplies Goods/Services to foreign customer
Customer
Export Process
Foreign CompanyGreek Business
Import Process
ImporterExporter
Foreign company supplies Goods/Services to Greek Business
Foreign CompanyGreek Business
Export Process (Invoice Flow)
Exporter
Greek Exporter Invoices Spartan
Route
Spartan Route Invoices End Customer
Importer
Import Process (Invoice Flow)
Importer
Foreign Supplier Invoices Spartan Route
Spartan Route Invoices the Greek Importer
Exporter
Our Pricing
Imports
Minimum Fee on all transactions is 10€
European PaymentsYou pay us with Bitcoin: We charge 1.5% You pay us with Cash: We charge 2.5%
The United StatesYou pay us with Bitcoin: We charge 2.5%You pay us with Cash: We charge 3.5%
All other transactionsPrice on Application
Exports
Minimum Fee on all transactions is 10€
All transactions are charged at 1.5%
Please note that any transaction (or accumulative transactions) above 1000e will be subject to KYC & AML and will require the provision of formal individual/company documentation.
Team
Peter Nagle CEO
James Nagle CFO
Danny O’DonovanCOO
Mike WhatonLegal
Δημοσθένης ΧατζηνικολάουCustomer Relations
THANK YOU
Your Business Operations protected