Money Spinners: Bitcoin ATMs Make Capitol Hill Debut

Jon Southurst (@southtopia) | Published on April 11, 2014 at 18:46 BST | Bitcoin ATM, Companies, News

It’s a special edition of the bitcoin ATM roundup this week as Robocoin went to Washington, DC, a couple of new players entered the European market via Finland and Slovenia and Quebec City received two bitcoin ‘guichets automatique.’

Washington, DC USA

Surrounded by reporters and camera crews from some of the world’s largest news organisations, more than 50 members of the US Congress lined up in Rayburn House on Capitol Hill in Washington, DC to test a Robocoin ATM.

Presented by Robocoin’s management team at the invitation of Representative Jared Polis (D-CO), the Robocoin machine received an enthusiastic response from other members.
Polis said:

“The innovation of online currency will be an important economic driver for the future that allows people and companies to reduce transaction costs and facilitate international transactions.”

He added that it is physical cash, not bitcoin, that presents the easiest opportunity to hide illicit activity.

Charleston, SC, USA

Another US Robocoin appeared in Charleston, South Carolina, at the Dig South Interactive Technology Festival. This machine comes courtesy of company Southeast Bitcoin, “the South’s only Bitcoin ATM operator.”

Helsinki, Finland

Newcomer Cointter has launched two very utilitarian bitcoin machines in Helsinki, Finland.
Looking a little like a cross between a payphone and a hotel safe, the machines are northern Europe’s first two-way bitcoin ATMs, buying and selling bitcoins for cash.
One is in Helsinki’s Delish store and the other in the Kynsilaukka restaurant. Both were developed in cooperation with LocalBitcoins.com.

Cointter promises future models with a more refined design, which it plans to ship to other European locations including France and the UK.

Quebec City, Canada

Two Genesis1 two-way ATMs opened in the historic heart of Quebec City this week.
The machines exchange Canadian dollars for both bitcoin and litecoin, and are located in the Auberge Amerik Hotel and the nearby Baguette et Cie coffee shop.
Genesis Coin CEO Evan Rose said:

“Canada has proven itself to be a leader in bringing tangibility to the otherwise digital world of bitcoin … We want individuals to experience bitcoin in its most elegant form: swift, simple, secure.”

Slovenia

Slovenia, famous for giving the world it’s currently most popular bitcoin exchange Bitstamp, is now also home to one-way bitcoin kiosks of a previously unknown variety. The operator’s company website is short on detail, but it seems the machines are called ‘BTC-O-Matic’ and that there are at least two operating.

BitInvest’s Coincard is a Prepaid MasterCard for Bitcoin Lovers

Nermin Hajdarbegovic | Published on April 11, 2014 at 05:13 BST | Companies, Exchanges, News

inShare4

Share

79

Leading Brazil-based digital currency exchange BitInvest has launched the Coincard, a bitcoin-friendly prepaid MasterCard.
The concept is simple. The card can be topped up with bitcoins, but you can use it pretty much like any other MasterCard.
Similar concepts have been employed by Cryptex and BitPlastic. BitPlastic has been around for a while, though it has attracted plenty of criticism over its pricing scheme, among other issues.
Cryptex, on the other hand, is new to the game: it announced its AML/KYC compliant Cryptex Card earlier this week, which can be used in 80 countries.

Coincard available globally

Since it uses MasterCard’s vast network, BitInvest is planning to make Coincard available globally.
However it should be noted that when you send your bitcoins to the charging address, your balance will increase, but it will do so in Brazilian Reals (BRL). BitInvest points out that before the transaction you will know what exchange rate you are about to get and what sort of fees to expect.
The cards can be ordered, registered and funded using the Coincard website. BitInvest will ship the card just about anywhere, though there is still no exact shipping date and do details about its fees have been released.

The future for crypto cards

The concept of a bitcoin card that can be accepted worldwide seems promising indeed, but like most enticing ideas, it also has a number of potential problems.
Regulation might be an issue in some parts of the world, but fees and exchange rates are a bigger concern at this point.

BitInvest and Cryptex have not said much about fees, meaning it might be too early to evaluate either service, though the companies are expected to reveal more pricing info soon.
Whether or not we will get to see more crypto cards will likely depend on how these early entrants to the market perform in the long run. If Cryptex and Coincard gain traction in parts of the bitcoin community, we might see similar cards appear in different markets.
If on the other hand you fancy yourself as an early adopter, the 2014 FIFA World Cup in Brazil sounds like a good place to burn some bitcoins and reals, as long as you don’t root for Messi’s Argentina, of course.
Disclaimer: This article should not be viewed as an endorsement of any of the companies mentioned. Please do your own extensive research before considering investing any funds in these products.

Bitbillions GBBG history

Bitbillions history

Excerpt from Official Website ...
Once upon a time, about 10 years ago, some software developers who have started an underground forum to share ideas, solve problems together, and regularly showcase their skills to their peers. They established a meeting place where members could come and go as they please, participate openly without judgment or criticism, and even stay completely anonymous if you wish. Admission to this secret society is by invitation only, subject to a successful demonstration of intelligence and skill.

Over time, trust and respect have evolved between peers. Groups of people joined around ideas. Projects have emerged to provide solutions to different problems. Software packages integers and operational frameworks have grown from nothing. Some of these solutions have had so much to offer, they have gained the attention of the entire club.

Eventually, the chaos and random chit-chat have become uniform efficiency and focused discussion. What was a friendly experiment was becoming a well-oiled machine. And, as expected, the members realized that they had the potential to create something bigger. 

Most of the developers GBBG Society (creator of BitBillions ) are normal people like us, who work for large companies. By day, increase the Intellectual Property and Net Wort slaves of their respective owners. At night, they contribute to their personal projects in exchange for mutual praise and admiration. Just like you, none of them want to be just another cog in the wheel.

At this time, there is a strong possibility that you're inches away from a product created with the talent of a developer GBBG. Many engineers were GBBG developers of high-quality projects or important team members for goods and services launched by hundreds of companies around the world. If there is a computer, a cell phone, an electronic device, a car, or even a nearby restaurant, there is a product influenced by the intelligence and capabilities of a technical GBBG.

Over the years, many members of our organization have developed some of their own personal projects into successful business ventures. With all this talent in one place, it was natural for members to start producing profitable software and technology together. Big ideas emerge within GBBG all the time. Many of these ideas could be tremendously profitable enterprise. The problem is that most of our members are ordinary people who work for "The Man", and the dream of a better future. I do not have a lot of money to invest, or groups of lawyers, accountants and marketing professionals to help them build a business.

Over time, a vision of opportunity emerged. GBBG whether to become an organization to promote and develop these products? products could be developed and marketed through the organization. profits could be made ​​and shared collectively.

How do you convert an underground club into a profitable, growing business? We needed capital and a marketing plan with no upfront costs, with a capacity exponentially, and sustainability. As a group of regular guys with meetings to help each other on personal projects, GBBG was not designed to have the money for product development , marketing, advertising, or business plans. After a bit of research and discussion, we decided to implement MATRIX MARKETING

GBBG built the concept of Matrix Marketing from a cooperative or collective advantage. We are a group of people helping people. Why not create a marketing plan in the same way? There are millions of people around the world who use the products we develop. So, why not collectively share the revenue with the participants in the Matrix Marketing?

GBBG is transforming itself from a club into a profitable business. We need people to spread the word. So, in exchange for testing products, visit web sites, use our free services, and tell others, we will share the money! The entire compensation plan is built around a rewarding investment. Members can earn money by simply being active, with software testing, and use of FREE services. They are not required to buy stuff or sell stuff.

To share gains GBBG decided to pay the members of Matrix Marketing in Bitcoin , the new currency that is revolutionizing the world. To learn more about what is Bitcoin please read the page, and also to insert the word Bitcoin in Google and realize for yourself what it is.

We're really, really accingiendoci to give bitcoin FREE. You are able to click on a mouse? Are Able to watch videos or play? You can try new technologies and software, and do you know what works or does not work? 

JOIN FREE NOW !