I have heard news that Lamassu
https://lamassu.is/ is advertising that they can sell open-source (programmable) crypto-currency atms for any currency at $1800 a piece.
When Nem starts to get big it would cost less than 100k to have one atm in every u.s. state.
This is achievable, Dogecoin raised like 48k (correct?) to advertise in a nascar race.
This would be great for Nem infrastructure and publicity.
...Not even Bitcoin has an atm grid like that.
We should put something like this on
fund.nemcoin.com.
Tell me what you think...
This is a VERY good idea!!
Every time im talking to someone outside of crypto, and they are not understanding that bitcoin is worth money, I say there are Bitcoin ATMs. Magically, they understand that it is worth money. Try it yourself. You can talk for hours about why it has value and get nowhere. BTC atm. POW! They believe it is worth money and want to know more.
We of course need NEM to be easily traded for fiat. This is the first step.
I know people will show up and say, "but we need to be thinking about circumventing fiat"
I agree with this. But first we need to circumvent BITCOIN!!!!!!
Hey, thanks!
It would be awesome if this could become a reality, I think having an ATM grid would be more productive than having the likes of a Nem debit card.
ATMs encourage local adoption of crypto-currency, while debit cards produce reliance on fiat. (Nem ATMs would take cash, and give you Nem.)
No need for Bitcoin.
However, I am not against the idea of a Nem debit card in conjunction with Nem ATMs.
I think it would be smart to target every u.s. state capital city. (like Annapolis in Maryland)
These cities usually have tight-nit, and semi-urban groups of technologically capable people. (The kind we would want to target for Nem marketing)
Accordingly, news spreads quick in cities like these, we could try to get an article about each new Nem ATM in each cities newspaper(s).
...we would need to raise between 40,000,000 to 80,000,000 Nem for a project such as this.
Thanks,
-Erik
The prices mentioned seemed a bit low compared to what's mentioned on their website, so I changed it to reflect what I think is a more accurate price, although we have to keep in mind that these ATM's could hopefully drop in price once there is more competition in the space.