This is an illegal offering of securities AND you want to operate in the US! Ha! Do you know what the remedy is for every single purchaser of these securities is? Rescission, not to mention the fines and penalties. So you're essentially giving your shareholders zero-cost options. Not smart.
Guys I have some background in taxes and this post may be correct. a btc may be a stock and or a security . selling a btc from an atm machine on usa soil may not be legal. We may need a brokers license to own it.
I love the idea of doing this , but I am a bit leery of the fed laws that involve selling of stocks and or securities.
I don't know if we can do this legally. I am not so sure I want it to be under the DZ coop umbrella..
I am pretty sure the other buys are fine as it is pooling cash to buy mining gear.
I do not want the feds going after the gb 1 -gb 13 mining gear as a punishment for the atm. I used to do collections for the IRS back in the 80's you would be surprised what can be done under fed laws.
This is a good point. If BTC is illegal in the US, how would you be successful with an ATM? Please explain.