SOURCE: Bayside Corp.

Bayside Corp.

March 04, 2015 22:00 ET

Bayside Corp. Releases Open Letter to Greece Minister of Finance

DALLAS, TX--(Marketwired - Mar 4, 2015) - Bayside Corp. (OTC PINK: BYSD) today released through its subsidiary company Bitcoinz USA an open letter to the Greece Minister of Finance stating the following:

"Dear Minister Varoufakis;
It's my pleasure to write to you today in order to encourage you to consider the adoption of Bitcoin as a mechanism to stimulate economic growth in your country. To continue, It's our belief at Bitcoinz USA that the adoption of crypto currencies specifically Bitcoin can achieve a tremendous amount of success in countries such as Greece.

Moreover, Bitcoin as a secondary currency can easily encourage the overseas buying and selling of goods and services, sustained travel and tourism growth and economic growth as a secondary currency. The equipment upgrades needed to process Bitcoin payments is a small cost in the grand scheme of things. 

Over the past year, the number of merchants accepting Bitcoin as payment for goods and services has grown aggressively worldwide. The movement for Bitcoin adoption is showing no signs of slowing down. Additionally, we also understand that recent security issues revolving around certain Bitcoin exchanges have casted a negative shadow around Bitcoin and other crypto currencies.

However, in conclusion that's all changing now. Over the past year Bitcoinz USA has taken great strides to help people protect their Bitcoin with Vault 51, a secure offline storage for Bitcoin. Bitcoinz USA can help Greece in its adoption, accumulation, and protection of Bitcoin once Greece is ready for it." 

The letter in its entirety can be found directly on the Bitcoinz USA website at the following link:

Bayside Corp. is an American multinational corporation that manages multiple subsidiary companies engaged in a variety of business industries and sectors. At Bayside Corp. we believe that the future is now and that our efforts today will have a long lasting impact for generations to come. For additional information on the Company visit our website at:

Certain statements in this news release constitute "forward-looking statements" within the meaning of the United States Private Securities Litigation Reform Act of 1995 and "forward-looking information." All forward-looking statements are based on Bayside's current expectations, estimates, projections, beliefs and assumptions based on information available at the time the statement was made and in light of Bayside's experience and its perception of historical trends.

The forward-looking statement in this news release includes reference to: Bayside's ability to execute on its strategy and deliver strong results on behalf of its shareholders. Forward-looking statements are not guarantees of future performance and involve a number of risks and uncertainties; some that are similar to other related companies and some that are unique to our company. Bayside's actual results may differ materially from those expressed or implied by our forward-looking statements and you are cautioned not to place undue reliance on them.

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