First Bitcoin ATM in Venezuela

[JC btc]

Its great news for the community as a whole because this is the first step for mass adoption of these digital coins and many more ATMs will be opened soon.Bitcoin hepled Venezuela to rise out of economic crisis by boosting its economy and now its heping people living there by providing crypto related services to them.Its good when you can conevert you btc into fiat with the help of atm cards at your convience.But the withdrawl fees will be high which can be a major issue for them but still its good news.

This should be a celebration not only in Venezuela but to the whole community of Bitcoin believers, as we are in adoption period by some countries, although Venezuela is not that rich country and is facing a financial crisis at the moment, still they tend to believe in Btc and trying to find ways for their country to recover, thumbs up to them.

[TrevorS]

how is the situation in that country, have many started using bitcoin ATM for transactions? because I'm not from there so I don't know how the development of bitcoin ATM in that country, while for my country also already has a bitcoin ATM but not everyone uses it, there are still many who use local money rather than transactions using bitcoin.

I believe that bitcoin ATMs in Venezuela and the rest of the world are a very useful thing for the future development of blockchain and cryptocurrencies in the world.
Indeed, even if now people do not have enough funds to use cryptocurrencies in the future, the situation may change, and in this case we should already have a developed infrastructure that allows all people in a wide range of countries to easily exchange and withdraw cryptocurrencies.

[jakoylantern]

Its great news for the community as a whole because this is the first step for mass adoption of these digital coins and many more ATMs will be opened soon.Bitcoin hepled Venezuela to rise out of economic crisis by boosting its economy and now its heping people living there by providing crypto related services to them.Its good when you can conevert you btc into fiat with the help of atm cards at your convience.But the withdrawl fees will be high which can be a major issue for them but still its good news.

This should be a celebration not only in Venezuela but to the whole community of Bitcoin believers, as we are in adoption period by some countries, although Venezuela is not that rich country and is facing a financial crisis at the moment, still they tend to believe in Btc and trying to find ways for their country to recover, thumbs up to them.

I agree it should be a celebration for the whole community of bitcoin. But even this happens I hope Venezuela regain their financial crisis. I'm happy that they adopt bitcoin, and like you said that they tend to believe in bitcoin. But unhappy on the other side that Venezuela must face the financial crisis before they grasp bitcoin to secure their economy.

[bryant.coleman]

I agree it should be a celebration for the whole community of bitcoin. But even this happens I hope Venezuela regain their financial crisis. I'm happy that they adopt bitcoin, and like you said that they tend to believe in bitcoin. But unhappy on the other side that Venezuela must face the financial crisis before they grasp bitcoin to secure their economy.

I don't understand all the fuss. Bitcoin ATMs operate all around the world. What is so special about this ATM in Venezuela? To be honest, I am not very happy with the Venezuelan regime's soft stand on Bitcoin. As you may be aware of, Venezuela is currently under United States sanctions. If the US government suspect that the regime is using Bitcoin to circumvent the sanctions, then they will adopt measures which can have a negative impact for the cryptocurrency market.

[Question123]

Im really happy to them because they have already bitcoin atm which is really helpful for them to buy and sell bitcoin or making transaction it. Hoping more bitcoin atm will be there in the next few months so many people will curious and high possibility for them to invesy also maybe in the future.

Philippines is my country and we have few bitcoin atm and for sure in the next few years there is a lot of atm here will have.

[Tamim121]

I think this is a cool news to us. Btc is the most potential coin and because of digital currency this is so much easy to transaction it. I think in future majority country should legal Bitcoin.

[yulchatar]

This is great as the adoption and propagation of cryptocurrency is growing. According to the latest data, about 5 thousand ATMs have already been installed in the world, and today there may be even more of them. This is good news for crypto enthusiasts.

[Renampun]

this is good news, though I hear Venezuela is currently experiencing a crisis...

I think this is a cool news to us. Btc is the most potential coin and because of digital currency this is so much easy to transaction it. I think in future majority country should legal Bitcoin.

I hope Bitcoin can help a few Bitcoin lovers in Venezuela and of course hope that Bitcoin ATMs can spread all over the world.

[KimberlyCon]

This is awesome, I also have one in my country but this is being traced by the government so it's not really safe to use unless you report your income, expenses, etc

[AmoreJaz]

this is good news, though I hear Venezuela is currently experiencing a crisis...

I think this is a cool news to us. Btc is the most potential coin and because of digital currency this is so much easy to transaction it. I think in future majority country should legal Bitcoin.

I hope Bitcoin can help a few Bitcoin lovers in Venezuela and of course hope that Bitcoin ATMs can spread all over the world.

and after more than a year the OP posted this thread, the number of bitcoin ATM in Venezuela is still 1. very very slow progress here. wonder if the first one really gained local support from their crypto users?
 because if it did attract interest, second or third ATM should already be installed.

https://coinatmradar.com/country/231/bitcoin-atm-venezuela/

[verita1]

Thank you for the good wishes to the Venezuelans for the installation of the Bitcoin ATM. I was investigating and there are three Bitcoin ATMs installed in Caracas, the capital of Venezuela.
The first was installed in a department store called Traki to buy Bitcoin and Dash.
The second ATM was installed in the Eurobuilding Hotel with the same characteristics.
The third ATM was installed at the Hotel Tamanaco to buy and sell cryptocurrencies such as Bitcoin, Dash and Litecoin.
It should also be noted that the Eurobuilding Hotel began receiving payments with bitcoin, litecoin, ether, Dash, Binance coin and the stablecoin tether at its headquarters located in Caracas as a project pilot to know the acceptance of its clients by the new means of payment and implement it in all the other locations of the Hotel in the country.

https://coinatmradar.com/bitcoin_atm/9891/bitcoin-atm-lamassu-caracas-traki-store/

https://es.cointelegraph.com/news/a-new-crypto-machine-will-be-installed-in-caracas-this-time-it-will-be-used-to-buy-and-sell- using-dollars