Post
Topic
Board Economics
Re: First Bitcoin ATM in Venezuela
by
freedomgo
on 21/01/2019, 05:32:22 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.
This is actually a good news and I believe their will be an expansion as the demand is seen.
ATM is very important as venezuela is a crypto country already since people have shifted crypto to combat the hyper inflation.

Good job, hopefully more and more country will adopt with crypto and ATM is just a simple proof of adoption.