Major Franchise Installs 11 Bitcoin ATMs in Cafes Across Canada

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Prominent Bitcoin ATM operator BitNational, has installed its signature two-way Bitcoin ATMs in the headquarters and branches of Waves Coffee House, a major franchise founded in 2005. The corporation operates 38 cafes across British Columbia and Alberta, and was selected by over 1,500 coffee retailers as the “best of brands” in Canada. As Bitcoin progresses towards mainstream adoption, major corporations and established institutions are attempting to familiarize its employees and customers with the leading global digital currency. Drew Glover, co-founder at BitNational stated: “The latest in a string of corporations now acknowledging the fledgling digital currency Bitcoin, Waves Coffee House, has installed a Bitcoin ATM in their corporate headquarters in New Westminster, BC.” As demonstrated in BitNational’s Bitcoin ATM locator map, 10 branches of Waves Coffee House, or what the company likes to call “Waves,” currently have Bitcoin ATMs installed. The 11th Bitcoin ATM is installed in the headquarters of Waves Coffee House, for the benefit of its employees. The presence of Bitcoin ATMs in the branches of Waves Coffee Shop, which is recognized by the Brand Coaches as the “Hottest Brand in Canada,” is favorable for the Canadian Bitcoin market and for the exposure of the digital currency across …

Bitcoin ATMs Are Popping Up in Great Numbers Across the US

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Since the beginning of the summer, there’s been an influx of Bitcoin ATMs (or “BTMs”) installed across the US. The past few months saw almost 20 new machines appear. Also read: The Bitcoin ATM: The Improved Teller Machine EasyBit Adds Six BTMs Across the US The EasyBit BTM network announced it has installed six new machines across four states. Headquartered in the US and Argentina, EasyBit has been gaining steam. The firm’s installed its first BTM at a Thai restaurant in Amsterdam. Now, the company operates 35 machines in nine countries. EasyBit uses both GenesisCoin and CoinOutlet cryptocurrency automated tellers. The six new BTMs are in Texas, Hawaii, Georgia, and Utah. Since its founding in 2013, EasyBit has become a reputable provider of Bitcoin-powered automated tellers. Michael Dupree, CEO, and founder of EasyBit, said at the latest install announcement: We’ve observed that adding a bitcoin ATM greatly improves bitcoin adoption in these communities. Our host locations often see better foot traffic and increased revenue after putting in a bitcoin ATM, making it a win-win for everyone. ATM Provider Athena Bitcoin Continues to Grow Another Bitcoin-based ATM operator is a growing US company called Athena Bitcoin. The Chicago-based company, launched seven new BTMs this past September. Athena Bitcoin has also ramped up …

Stupidity or Greed? Why Steal Bitcoin ATM?

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On November 3, two robbers stole a Lamassu Bitcoin ATM at the Village Smoke Shop in Atlanta, Georgia, according to local news website Clatl.com. According to Atlanta’s Police Detective Scott Bowers, the thieves got away with Bitcoin ATM (also called BTM) filled with about US$2,000 as it was recently emptied. What’s more is that one of the perpetrators fired a gun shot, though luckily no one was injured. It seems that the thieves wanted to get their hands on this machine in particular. Amanda McCollum, an employee in Midtown’s Village Smoke Shop, witnessed the crime. She saw that the suspects “walked in, went straight to [the Bitcoin ATM], took it and only it, and walked out.” However, stealing a Bitcoin ATM is not a good idea. While a Lamassu Bitcoin ATM itself is valued at US$7,000, the criminals would not be able to re-sell it because it is registered to the buyer with serial numbers linking them to the original owners. Moreover, no one except the owner will be able to get any bitcoins from the machines while most BTMs don’t hold a lot of cash inside as a rule. Nevertheless, one must be cautious when installing a small BTM …

Steve Wozniak Joins Kiosk ATM Parent Company

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  The Planet Capital financial services company has announced that Steve Wozniak, famous co-founder of Apple, will join their roster of employees as a consultant and part of their Board of Directors. Planet Capital are the manufacturers of the “Kiosk” ATMS that include crypto currency exchange functionality. The announcement was made on April 30 through a barebons press release on their website, which simply mentioned him on the title “Apple Co-founder, Steve Wozniak joins Planet Capital Board”, but didn’t elaborate on the particular and simply read: Planet Capital, FinTech innovator and developer of multi-function Next Gen ATM Kiosks, announced its launch into the burgeoning self service payments space this week. Chairman, Lee Caplin is Co-Founder of Penske Media, owner of Variety Magazine and the entrepreneur responsible for creating the first military grade encryption for civilian telephones. Planet’s CTO, Dan Sokol, along with Caplin made a joint statement, saying that “Planet’s strategy is to deploy kiosks free of charge, removing the ‘pay wall’ and common financial barriers for many merchants desiring to install service-ready, multi-function ATM’s to meet their clients growing financial, digital and virtual needs within this fast-moving economy.” Caplin referred to Planet’s strategic team, saying that “My brain trust consists …

ROBOCOIN ROLLS OUT ROMIT GLOBAL BITCOIN REMITTANCE SERVICE

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Robocoin, a pioneer in bitcoinATMs, has announced the rollout of Romit, which it bills as the cheapest and fastest money-transfer service in the world. The new cash remittance application leverages the bitcoin block chain. Any web-enabled kiosk, ATM or cashier can offer Romit KYC (know your customer)-compliant money transfer services. The service can send money to a smartphone, tablet or PC. By using the bitcoin block chain, the Romit remittance solution circumvents Forex foreign exchange fees, wire transfer fees, and banking requirements. The service could extend Robocoin’s role in the emerging global remittance market. Send money in three easy steps The Robocoin website explains how to send money using Romit in three steps: 1) Enter the recipient’s phone number. 2) Select the destination country. 3) Insert cash into an ATM, or hand the cash to the cashier. Romit then sends a confirmation text message to the recipient with the amount sent and the pickup location. The cash-to-bitcoin-to-cash settlement occurs immediately. Customers do not have to create bitcoin wallets to send money. The Robocoin bitcoin wallet name has changed to Romit. The website presents a cost comparison between Romit, Western Union and Moneygram for sending money from the U.S. to the …

Did Bitcoin Create more Jobs than the US Federal Government Did in 2014?

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Introduction: Ever since Bitcoin’s Genesis Block was mined back in 2009, Bitcoin has been growing exponentially to the extent that its value increased from less than one cent to $1124.76 in November, 2013. Claimed to be the best financial innovation throughout the last 500 years, bitcoin is continuously macadamizing the path for creation of unique business ideas, projects and startups that can conceive thousands of jobs and opportunities for bitcoin enthusiasts all over the world. Bitcoin – A Whole New World: Although Bitcoin had been around since 2009, it only gained considerable attention in late 2010 following the release of the WikiLeaks by Julian Assange who faced an organized financial blockade by the US Federal government as Paypal, Bank of America, Western Union, Mastercard and Visa refrained from transmitting donations to WikiLeaks. Accordingly, Assange started accepting donations via Bitcoin which boosted its price during the early months of 2011. Furthermore, the launch of Silk Road, an online market for illicit drugs that only accepted bitcoin for payments, early in 2011 was responsible for another bitcoin bullish rally during that period which pushed the price up to $31.91 as of the 8th of June, 2011. Not only computer geeks and hackers …