Topic: Includes happiness and Bitcoin - page 2. (Read 298 times)
This is good news because by increasing the facility to buy BTC in these public places it will increase people's curiosity to be able to know what BTC is and start adopting it, whether it's as an investment asset or just for their transactions. Moreover, Turkey is a country with a fairly high level of crypto adoption, so these facilities will further increase the number of crypto adopters there.
How ironic is that Turkish government let these Bitcoin ATM's but prohibit its use in the purchase and sale of goods and services. Their decisions are constantly contradicting each other. You can buy Bitcoin from that mall by using that ATM, but you can't use that Bitcoin to buy anything at the same place.
Yeah, it has been mentioned here since 2021 [1] but it's still good even though Bitcoin is banned in banking, but the Turkey's bank didn't mind if the original source is come from Bitcoin. In Nigeria the bank doesn't accept any money which related with Bitcoin, so they're just use it through P2P. However with the recent earthquake where Turkey government receive a lot donation through cryptocurrency, I think they might be more friendly about crypto usage in the future.
[1] https://en.wikipedia.org/wiki/Legality_of_cryptocurrency_by_country_or_territory#Turkey
It's worth celebrating mate. I have only seen his ATMs online and have never used it them. It's good to hear that Turkey supports the growth of Bitcoin. The spread of Bitcoin ATMs will be swift If more government remove the ban on Bitcoin operations. And the availability of these machine will promote the use of Bitcoin as a currency. Hoping to see mine someday.
How ironic is that Turkish government let these Bitcoin ATM's but prohibit its use in the purchase and sale of goods and services. Their decisions are constantly contradicting each other. You can buy Bitcoin from that mall by using that ATM, but you can't use that Bitcoin to buy anything at the same place.
I don't know about that, mate. As I have never used one, so I have no experience on it. But as every ATM works in such way that it could be hacked. Don't get me wrong on this, as I think it is a great way to reduce scams instead of P2P buy/sell. But my concern is that, could it be hacked?
Even if they find a way to hack the device, it wouldn't be wise to hack the ATM in an environment where every moment is recorded with cameras.
But my concern is that, could it be hacked?
Every system and software that's connected to the web could be hacked, there's always that possibility of being in that scenario. But the developers and companies that produce such ATMs, they've taken measures to their security, and for sure that it won't be easy for the perpetrators to commit such acts. There could be attempts and that's why securities of such systems are continuous in terms of updates to avoid into being potential abuses. As for having a bitcoin ATM nearby, it really brings joy to the enthusiast out there. I wish that I'm also near to one of it in my country, there are two already but I need to allot travel time on it since it's not from a nearby station/mall. this Atm do reduce the rate of scam in buying and selling of Bitcoin
I don't know about that, mate. As I have never used one, so I have no experience on it. But as every ATM works in such way that it could be hacked. Don't get me wrong on this, as I think it is a great way to reduce scams instead of P2P buy/sell. But my concern is that, could it be hacked? I have no fear regarding stealing, as they are stored digitally and can't be taken away if anyone tries to. But as every digital asset is moved through the internet, it is quite possible to get hacked. So can you share some knowledge with me in order for me to better understand this concept?
Congrats this is good news. Nigeria got their first Bitcoin Atm in 2020 but there have been ban in cryptocurrency activities since 2021 and so I don't think it's still functioning and its really disappointing because this Atm do reduce the rate of scam in buying and selling of Bitcoin and The Kyc verification doesn't require you to place all your personal information as most CEX does but just require a basic information like your phone number
Access to crypto will become easier with the spread of Bitcoin and crypto money ATMs in Turkey. It was an incredible source of happiness for me to see a Bitcoin ATM for the first time where i live. It was an ATM located inside a central shopping mall. I hope this initiative which makes me very happy will take its place in all cities and ATM points.
It's worth celebrating mate. I have only seen his ATMs online and have never used it them. It's good to hear that Turkey supports the growth of Bitcoin. The spread of Bitcoin ATMs will be swift If more government remove the ban on Bitcoin operations. And the availability of these machine will promote the use of Bitcoin as a currency. Hoping to see mine someday.Quote
I think we will see advanced versions of this ATM which is just a simple purchase and sale for now. The ATM has a language option and you can perform your transaction with your phone number.
From picture there are also options for buying and selling of bitcoin. I am also glad to know that this ATMs promotes privacy. One of my greatest attraction to Bitcoin is because it promotes anonymity to a large extent.
Access to crypto will become easier with the spread of Bitcoin and crypto money ATMs in Turkey. It was an incredible source of happiness for me to see a Bitcoin ATM for the first time where i live. It was an ATM located inside a central shopping mall. I hope this initiative which makes me very happy will take its place in all cities and ATM points.
I think we will see advanced versions of this ATM which is just a simple purchase and sale for now. The ATM has a language option and you can perform your transaction with your phone number.
I think we will see advanced versions of this ATM which is just a simple purchase and sale for now. The ATM has a language option and you can perform your transaction with your phone number.
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