South Africa Bitcoin Vending machine

[Silentsweeper]

There is a Bitcoin vending machine installed in Johannesburg at Mertroman. You can exchange your Bitcoin for ZAR at this machine.The use of Bitcoin by South African vendors is still very limited, and the idea for now is to educate merchants about Bitcoin. Is there in your country one ?

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[Ehrakeziah]

There is a Bitcoin vending machine installed in Johannesburg at Mertroman. You can exchange your Bitcoin for ZAR at this machine.The use of Bitcoin by South African vendors is still very limited, and the idea for now is to educate merchants about Bitcoin.

That's great idea of that one who are selling some products through the vending machine,people will aware and have knowledge the value of bitcoin.

[KIANA]

Yes The first bitcoin vending machine is situated in Kyalami, north of Johannesburg .it will be great if they can put more vending machines  in all the big cities  there  in South africa.

 

[mustamin88]

What I know vending machine is already in Indonesia, but not yet officially opened because it is still waiting for approval from Bank Indonesia (BI). BI has considered Bitcoin not as a legal means of payment in Indonesia.
Hopefully there is good news from BI.

[Tayata2005]

This is a great innovation. It will help in the popularity of BTC. I wish we have at least one of such in my country. Congrats South Africa

[gjtnwls1]

I saw bitcoin ATM at the one of Chicago mall. It was small stand but there were selling clothes and hat too.

[Dukjila]

There is a Bitcoin vending machine installed in Johannesburg at Mertroman. You can exchange your Bitcoin for ZAR at this machine.The use of Bitcoin by South African vendors is still very limited, and the idea for now is to educate merchants about Bitcoin. Is there in your country one ?

Such terminals have long been putting Bitcoin ATMs. You can buy a crypto currency for cash. Of course with a commission and not always at an adequate rate.

[Moiyah]

Nice implementation of  bitcoin vendo machine in South Africa, this is to awake the awareness of people there to know the significance of using bitcoin and patronizing bitcoin. A great news from Soith Africa which supports bitcoin. If the vendo machine will have a big impact in the country, then there is a big possibility that more people will use bitcoin.

In our country, there are ATM machines that you may withdraw some of your bitcoins thru atm cards. But is also very limited and few in a selected areas. I do hope, they'll also put some vendo machine here.

[erikoy]

So bitcoin in africa is basically being accepeted and embrace by the people. Well good for them to think of bitcoin as a positive way. Actually bitcoin is good and there is no question about it since many are taking the advantage in gaining and earning profit in investing bitcoin. So the people there are having bitcoin as their priviledge in a form of bitcoin vending macine. Good for them.

[Silentsweeper]

What I observed is that the ATM Vending machines are very expensive. I belief that my country will slowly invest in more ATM Vending machines in the future. I am very proud that my country is taking Bitcoin seriously.

[audaciousbeing]

There is a Bitcoin vending machine installed in Johannesburg at Mertroman. You can exchange your Bitcoin for ZAR at this machine.The use of Bitcoin by South African vendors is still very limited, and the idea for now is to educate merchants about Bitcoin. Is there in your country one ?

At this time, I dont expect otherwise concerning the numbers of bitcoin ATMs available because of the cost of buying, installing and maintaining one. Its still a very dicey investment to delve into because you don't put enormous money in a dicey business in the face of the law and current happenings are not making it looks like a gold waiting to be mine. With several countries taking a position which the negatives has been having an upper hand, social media that have the ability to influence decisions not also helping matter, even South Africa government is yet to take a definite position. The penetration would still be slow at this time until this germane issues are settled.

[martychubbs]

If any country will invest in bitcoin and try to stay on a top of the wave I think they can improve their economics state

[Catch-22]

Great way to promote bitcoin. People are naturally curious. This vending machine will definitely attract new investors. I hope some investor would pour in some capital to have this machine mass produced and shipped all over the world.

[NavI_027]

Well, that's a good news . At least Africans are now aware of this kind of new technology and now tring to adapt. I wonder why they need to convert btc into an alt, btc is much useful right? Is ZAR their country-based crypto?

Here in our country (Philippines), I heard some rumors that there are already bitcoin atms on Makati which is one of our economic zones but I'm still not so sure about this one.

[talkbitcoin]

there has been a lot of adoption happening in Africa for over a year now and like any other place that has this kind of adoption there is always a lot of services starting up in their country. i am glad to see them moving forward with bitcoin this fast and smooth. it is like the developed countries are the only ones that are too slow in adoption of bitcoin for some reason!

[ss890]

There is a Bitcoin vending machine installed in Johannesburg at Mertroman. You can exchange your Bitcoin for ZAR at this machine.The use of Bitcoin by South African vendors is still very limited, and the idea for now is to educate merchants about Bitcoin. Is there in your country one ?

That is really a interesting stuff to know about the Africa. Never thought that they will be the one who will also start initiative to know their merchants and people that bitcoin do exits and how it can be used. I am sure that lack of regulations is also helping a lot in this regards as in my country it is hard to put machine like that and if you apply for government orders to open up something crypto related then it always end up having rejection. So I think it is good thing in that way and by the time they will have some strong juris around then people might have understood the importance of bitcoin that way. 

[budismile]

I have not been able to find a vending machine in my country, probably because of engine limitations. but there is a bitcoin exchanger machine produced in my country then sold overseas. because maybe in my country bitcoin can not be legalized

[Silentsweeper]

Just remember Africa is very big and I am only talking about South Africa which is a country on its own in Africa. South Africa is developing faster that the rest of the countries in Africa.

[mk4]

From your title I was expecting a vending machine that sells food and drinks that accepts bitcoin as payment. That would be way cooler in my opinion. Didn't know you were referring to a sort of bitcoin ATM machine.

Any adoption is great, I guess?

[Melody2]

There is a Bitcoin vending machine installed in Johannesburg at Mertroman. You can exchange your Bitcoin for ZAR at this machine.The use of Bitcoin by South African vendors is still very limited, and the idea for now is to educate merchants about Bitcoin. Is there in your country one ?

I live in a very foolish country where the lawmakers still believe counting currency notes with their hands is better than using online banking applications. So before the idea of Bitcoin will make any impact here, it might be after the next 20 years.