Author

Topic: Ukraine launch a buying method of bitcoin ... with 4900 ATM and SMS activation. (Read 1416 times)

full member
Activity: 153
Merit: 100
What is the volume after the AMT go live?
legendary
Activity: 1512
Merit: 1005
Is this a possible solution for China?

uh,..... HELL NO.

LOL whoever sells vouchers will be shot or sent to concentration camp where they're waiting for organ harvesting.


The customer is identified when he cashes the voucher (converts the voucher to bitcoin). It is probably good enough for the dominators.

hero member
Activity: 658
Merit: 500
Is this a possible solution for China?

uh,..... HELL NO.

LOL whoever sells vouchers will be shot or sent to concentration camp where they're waiting for organ harvesting.
legendary
Activity: 966
Merit: 1000
Is this a possible solution for China?
That could possibly be, but if it will spread too mutch the goverment may try to ban even these machines.
donator
Activity: 1736
Merit: 1014
Let's talk governance, lipstick, and pigs.
Is this a possible solution for China?
hero member
Activity: 896
Merit: 1000
A bank has accepted bitcoin !
sr. member
Activity: 434
Merit: 250
Sucks what is happening there currently as we can't get alot of people fighting for their freedom focus on the bitcoin but instread they have way more important things to do.

actually as the turmoil happening there, wealth is one of the most concerned subjects.

Rolling out ATM all over the country can not be at any better time but NOW.

btw, you dont buy btc directly from the ATM (meaning no wallet addresses being exchange at the terminal). You buy voucher which can be used to buy BTC online. Its an extra step but very reasonable as the regular ATM isnt equipped for btc wallet.


Well, we all have our own opinions on this i think.
Does that mean that it could theoreticaly work even offline?
hero member
Activity: 658
Merit: 500
Sucks what is happening there currently as we can't get alot of people fighting for their freedom focus on the bitcoin but instread they have way more important things to do.

actually as the turmoil happening there, wealth is one of the most concerned subjects.

Rolling out ATM all over the country can not be at any better time but NOW.

btw, you dont buy btc directly from the ATM (meaning no wallet addresses being exchange at the terminal). You buy voucher which can be used to buy BTC online. Its an extra step but very reasonable as the regular ATM isnt equipped for btc wallet.

sr. member
Activity: 434
Merit: 250
Sucks what is happening there currently as we can't get alot of people fighting for their freedom focus on the bitcoin but instread they have way more important things to do.
full member
Activity: 166
Merit: 100
Hmm, so these are exisiting fiat atms being utilised?
legendary
Activity: 1512
Merit: 1012
legendary
Activity: 1540
Merit: 1000
Looks like really big news actually, this is the first we've seen of a bank never mind one currently in the middle of a civil war accepting and openly trading Bitcoin.
legendary
Activity: 1260
Merit: 1008
http://www.coindesk.com/5000-terminals-across-ukraine-now-offer-bitcoin-cash/

Quote
The network, which is operated by the country’s National Credit Bank, allows customers to buy vouchers for bitcoin from a new company called BTCU.

After depositing cash in a terminal, purchasers receive a voucher containing an activation code either on a printed receipt or via an SMS message to their phones. They can then go to BTCU’s website to enter the activation code and claim their bitcoin.



Big ?

Big Huh

Big !!!  Cheesy

s/russia/ukraine/ ?
legendary
Activity: 1512
Merit: 1012
 http://www.coindesk.com/5000-terminals-across-ukraine-now-offer-bitcoin-cash/

Quote
The network, which is operated by the country’s National Credit Bank, allows customers to buy vouchers for bitcoin from a new company called BTCU.

After depositing cash in a terminal, purchasers receive a voucher containing an activation code either on a printed receipt or via an SMS message to their phones. They can then go to BTCU’s website to enter the activation code and claim their bitcoin.



Big ?

Big Huh

Big !!!  Cheesy


EDITED: wrong country in title.
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