...The only problem is that it's the last country on the world that needs bitcoin. It and Singapore have such strong currencies and hands-off government regulation that I wouldn't be surprised if they are the last two countries to adopt bitcoin.
That's only if you think bitcoin is only useful as a replacement base-currency. What about making international payments/micropayments, or low-fee currency transfers? Plus, it opens the door for potential investors. Not this one ATM machine, but a liberal policy towards BTC does. 
Topic: 2014-01-07 CNN International - World's second Bitcoin ATM to open in Hong Kong (Read 848 times)
January 08, 2014, 07:55:09 AM
January 08, 2014, 07:36:26 AM
For those of you who are familiar with HK monetary policy, it should be no surprise at all that they'd allow bitcoin in full usage there.
...The only problem is that it's the last country on the world that needs bitcoin. It and Singapore have such strong currencies and hands-off government regulation that I wouldn't be surprised if they are the last two countries to adopt bitcoin.
I guess this is news, but it's not particularly helpful to our cause.
...The only problem is that it's the last country on the world that needs bitcoin. It and Singapore have such strong currencies and hands-off government regulation that I wouldn't be surprised if they are the last two countries to adopt bitcoin.
I guess this is news, but it's not particularly helpful to our cause.
January 07, 2014, 10:55:54 PM
Aren't there like many ATMs now?
I saw a lamasu at the last nordic bitcoin conference.
I saw a lamasu at the last nordic bitcoin conference.
I'm guessing there's a map of them somewhere...
https://lamassu.is/maps/
Not many details, and I'm not sure if these are functional yet.
Robocoin is who made the Vanouver machine I believe. And as far as I can tell, this is the only machine confirmed operating at this moment.
January 07, 2014, 07:52:59 PM
Aren't there like many ATMs now?
I saw a lamasu at the last nordic bitcoin conference.
I saw a lamasu at the last nordic bitcoin conference.
January 07, 2014, 05:44:41 PM
We'll wait and see. I'm not going to hold my breath.
Hong Kong bans them in 3...2...1....
Hong Kong bans them in 3...2...1....
January 07, 2014, 05:18:38 PM
Unfortunately, I can't get particularly excited about "to open". We've seen that before, and a lot of the time the opening never materializes.
Call me back when the first customer uses it.
Call me back when the first customer uses it.
January 07, 2014, 03:48:02 PM
Thanks for posting. Funny to see how small CNN's world continues to be:
http://www.zerohedge.com/news/2013-12-16/helsinki-unveils-europes-first-bitcoin-atm
January 07, 2014, 03:10:45 PM
Not much of event, as far as bringing huge amounts of new adopters, but considering the historical nature of this, and the fact that it was posted by CNN, I thought it was worth a mention:
http://edition.cnn.com/2014/01/06/business/bitcoin-atm-hong-kong/
Also, it's promising that Hong Kong at least seems open to the idea of Bitcoin, at least as far as an ATM is concerned.
http://edition.cnn.com/2014/01/06/business/bitcoin-atm-hong-kong/
Also, it's promising that Hong Kong at least seems open to the idea of Bitcoin, at least as far as an ATM is concerned.
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