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Title: [2015-06-10] CD: Taiwanese Company Brings Bitcoin to 10,000 Convenience Stores Post by: Grand_Voyageur on June 10, 2015, 03:06:28 PM Taiwanese Company Brings Bitcoin to 10,000 Convenience Stores
Quote Taiwanese startup Maicoin has launched a system that lets users buy bitcoin at 10,000 convenience stores in the territory, both over the counter and at in-store terminals. Maicoin founder and CEO Alex Liu said foreign workers using bitcoin for remittances would benefit from the over-the-counter service, as it does not require users to have a bank account. In Asia, people routinely pay utility and postal bills at convenience stores by giving physical cash to store clerks who initiate electronic transfers. Full story: http://www.coindesk.com/taiwanese-company-brings-bitcoin-to-10000-convenience-stores/ Title: Re: [2015-06-10] CD: Taiwanese Company Brings Bitcoin to 10,000 Convenience Stores Post by: bryant.coleman on June 10, 2015, 05:03:02 PM It is good that Bitcoin services are available on so many stores. But the big question is who is going to use them? Right now, there are at the most around 1 million Bitcoin users, of which some 100,000 may be serious users. Even if we estimate that 1% of them (1,000) reside in Taiwan, that corresponds to 10 stores per user.
Title: Re: [2015-06-10] CD: Taiwanese Company Brings Bitcoin to 10,000 Convenience Stores Post by: LiteCoinGuy on June 10, 2015, 06:04:33 PM it is always good to have this places in case we will see a huge surge in bitcoin-users in the future. we have today alot more infrastructure than back in 2013, and we will need that.
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