Post
Topic
Board Economics
Re: First Bitcoin ATM in Venezuela
by
0t3p0t
on 19/01/2019, 15:36:32 UTC
https://blockmanity.com/news/bitcoin/venezuela-to-get-its-first-bitcoin-atm/

It should be installed in Caracas in the next two weeks.
Quote
CryptoBuyer, a cryptocurrency ATM manufacturer, is planning to install the countries first Bitcoin ATM. The news was announced by the company’s CEO Jorge Farias on a Union Radio podcast. The ATM will be installed in Caracas and will be opened in the next two weeks.

“We are going to install the first cryptocurrency ATM in Venezuela, in the course of the next two weeks (…), we already have the equipment physically installed in Venezuela, in Caracas and they are in their final tests and we will be announcing them in social networks “, Jorge Farias said.
Good news for the Bitcoin enthusiasts in Venezuela. I do hope that some countries will do the same because that is where and how people will recognize what Bitcoin is, how it works and spread adoption. I am also thinking of high fees with atm's as they are few in the area or got only one unit. Some of my friends we also have in our country but with high fees in every transaction .