https://blockmanity.com/news/bitcoin/venezuela-to-get-its-first-bitcoin-atm/It should be installed in Caracas in the next two weeks.
CryptoBuyer, a cryptocurrency ATM manufacturer, is planning to install the countries first Bitcoin ATM. The news was announced by the companys 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.
It's kind of good and bad news.
The Bitcoin volume in Venezuela raised in thousands percents in past 12 months because this is the only viable way to operate with money there. The good news is more people will have easiest access, the bad news is government and criminals could watch the ATM closely. A friend of mine living there told me that it's not the safest way to operate publicly with coins.