Re: 2013-03-25 - TDV - Worlds First Bitcoin ATM is Announced- First Location:Cyprus
I've followed Jeff for years. He'll make this happen if anyone can...
The real problem for this gaining world-wide acceptance however is that the places that need it most (i.e. Cyprus, Japan, Argentina, and the PIGS) are the exact places that have government who would be the first to ban bitcoins.
It seems that every franchise owner for these things would be risking the local government swooping in and stealing their whole business.
For now I'd be comfy seeing these things in the USA though; New Hampshire and Texas at least would use them like crazy.
The real problem for this gaining world-wide acceptance however is that the places that need it most (i.e. Cyprus, Japan, Argentina, and the PIGS) are the exact places that have government who would be the first to ban bitcoins.
It seems that every franchise owner for these things would be risking the local government swooping in and stealing their whole business.
For now I'd be comfy seeing these things in the USA though; New Hampshire and Texas at least would use them like crazy.
Yes, Cyprus is good PR, but a waste of time. He should flood Spain, Italy, Greece, France and Germany with these ATMs.