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Topic: First Bitcoin ATM (BTM) comes to Greece amidst the recession! - page 3. (Read 2583 times)

full member
Activity: 168
Merit: 100
The first BTM in Greece is operational http://coinatmradar.com/bitcoin_atm/527/bitcoin-atm-genesis-coin-acharnes-orizontes-bookstore/ Please spread the word..also, still looking for a location for a 2-way

This is really great news, I hope Bitcoin ATM in Greece will be act as a eye opener to all over the world, this scheme will enriched the financial crisis and make their economic conditions to stabilize, I really wish good luck to Greece, it is one of the ancient and traditional country in this world.
sr. member
Activity: 278
Merit: 255
Life
yes, some people like anonymity, don't want to bother with KYC on online exchanges, and other reasons..
legendary
Activity: 3248
Merit: 1070
I think is cash out only btc. Here is and another pic



to me it seems like a gimmick unecessarely thing, you can just go ahead and use any exchange to have bitcoin then load those in your wallet and proceed to buy what you want at any shop accepting it

but if those machine offer a sort of privacy on your transaction(your name does not appear there, like in the exchange ecc..)

then i could see a point in using it
legendary
Activity: 1722
Merit: 1000
Satoshi is rolling in his grave. #bitcoin
And whats New In this machine? Is it cashout BTC, Or fiat money? We have to use ordinary card like bit-x card on these machine?

Cashout to BTC only, as it says on the website linked in the OP...

These kinds of machines accept credit and debit cards too?

Seens so, there's a slot for it.
But it would be interesting to not only buy BTC, but to cashout aswell.

So the If it Cashout BTC, Then How Will we exchange them Into Fiat cash?
Are these shops accepting BTC for Shoping?

The point is to secure money by exchanging it to bitcoins, and use it as a payment tool aswell. You can see on the guy's t-shirt also:
"I can tell you what to buy with bitcoins" , so it's safe to say how then can use bitcoins as payment method.
Another form of avoiding banks and securing their money would be to use bitcoin debit cards, which they can load using bitcoins purchased from ATM.

cheers
full member
Activity: 184
Merit: 100
And whats New In this machine? Is it cashout BTC, Or fiat money? We have to use ordinary card like bit-x card on these machine?

Cashout to BTC only, as it says on the website linked in the OP...

These kinds of machines accept credit and debit cards too?

Seens so, there's a slot for it.
But it would be interesting to not only buy BTC, but to cashout aswell.

If there's anywhere people are desperate for cash it's Greece. With all the cutbacks there must be some Greek Bitcoin holders who have no choice other than to sell some coins to pay the bills. If it was a two way machine it would be more popular because they could get their hands on cash very quickly.
legendary
Activity: 3234
Merit: 1654
Enterapp Pre-Sale Live - bit.ly/3UrMCWI
And whats New In this machine? Is it cashout BTC, Or fiat money? We have to use ordinary card like bit-x card on these machine?

Cashout to BTC only, as it says on the website linked in the OP...

These kinds of machines accept credit and debit cards too?

Seens so, there's a slot for it.
But it would be interesting to not only buy BTC, but to cashout aswell.

So the If it Cashout BTC, Then How Will we exchange them Into Fiat cash?
Are these shops accepting BTC for Shoping?
sr. member
Activity: 278
Merit: 255
Life
it has an option to accepts cards (ie debit, credit cards etc) but we don't have such an agreement with a bank yet, so it's cash only for now. as i said, if someone provides a location for a 2-way machine in athens, we will install it, so that will be a cash out option
legendary
Activity: 1386
Merit: 1000
English <-> Portuguese translations
And whats New In this machine? Is it cashout BTC, Or fiat money? We have to use ordinary card like bit-x card on these machine?

Cashout to BTC only, as it says on the website linked in the OP...

These kinds of machines accept credit and debit cards too?

Seens so, there's a slot for it.
But it would be interesting to not only buy BTC, but to cashout aswell.
legendary
Activity: 1512
Merit: 1012
And whats New In this machine? Is it cashout BTC, Or fiat money? We have to use ordinary card like bit-x card on these machine?

Cashout to BTC only, as it says on the website linked in the OP...

These kinds of machines accept credit and debit cards too?
legendary
Activity: 3430
Merit: 1142
Ιntergalactic Conciliator
I think is cash out only btc. Here is and another pic

legendary
Activity: 3234
Merit: 1654
Enterapp Pre-Sale Live - bit.ly/3UrMCWI

And whats New In this machine? Is it cashout BTC, Or fiat money? We have to use ordinary card like bit-x card on these machine?
legendary
Activity: 3430
Merit: 1142
Ιntergalactic Conciliator
sr. member
Activity: 278
Merit: 255
Life
Acharnes is Greater Athens, less than 30min by train from Athens centre. We are looking for a location in central Athens to place a 2-way, so anyone with ideas is welcome
legendary
Activity: 1148
Merit: 1014
In Satoshi I Trust
at least one...there should be one in the capital too.
legendary
Activity: 1512
Merit: 1012
Best time to have BTM's flood Greece Wink Was it on purpose?

The unfortunate thing is, it's only a 1 way machine...
legendary
Activity: 1036
Merit: 1000
Thug for life!
Someone should setup a webcam or an ipcam to see the movement on greece to this atm, it would be fun to see a timelapse video. im sure it would turn political with the current situation.
legendary
Activity: 3430
Merit: 1142
Ιntergalactic Conciliator
gz! I will go for a walk to get my btc from machine  Grin I have never see a machine in operation before
sr. member
Activity: 278
Merit: 255
Life
The first BTM in Greece is operational http://coinatmradar.com/bitcoin_atm/527/bitcoin-atm-genesis-coin-acharnes-orizontes-bookstore/ Please spread the word..also, still looking for a location for a 2-way
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