Zipzap at Miami - UK debut next week - 28,000 locations to buy BTC

[gentlemand]

As presented at the Miami conference Zipzap seems to be rapidly approaching its rollout in the UK. In fact it's next week according to their Q & A.

I assume it'll be the same for other countries soon as they have offices in Buenos Aires, Delhi, London and SF and they're claiming hundreds of thousands of eventual locations worldwide.

http://cashcoin.zipzapinc.com/

https://twitter.com/ZipZapInc

In the UK purchasing Bitcoin will have a flat £3.95 fee at 28,000 locations. There's one location within 100 metres of me and I live pretty much in the middle of nowhere. That's kinda surreal.

I wonder what effect this'll have on things.

Find your nearest location here - http://www.zipzapinc.com/

[hilariousandco]

As mentioned at the Miami conference Zipzap seems to be rapidly approaching its rollout in the UK. I assume it'll be the same for other countries soon.

http://cashcoin.zipzapinc.com/

https://twitter.com/ZipZapInc

In the UK purchasing Bitcoin will have a flat £3.95 fee at 28,000 locations. There's one location within 100 metres of me and I live pretty much in the middle of nowhere. That's kinda surreal.

I wonder what effect this'll have on things.

I was wondering what their markup will be. So it's £3.95 whether you buy 0.01BTC or 1BTC? Is there any more details on this?

[gentlemand]

I'm wondering too. No mention of extra details so far. Their markup may be brutal. We'll have to see.

Hopefully someone with access to this forum was at Miami and can report back or the presentation'll go online.

[hilariousandco]

I'm wondering too. No mention of extra details so far. Their markup may be brutal. We'll have to see.

You just said £3.95 flat fee? That's pretty good if you're buying 1BTC but not so much if you just want to buy £10's worth.

[gentlemand]

Yup. That's what they're claiming. It's a flat fee.

[guybrushthreepwood]

There's one at the top of my street. Cool. You can search for one near you https://www.zipzapinc.com/

[keithers]

At that fee, you will just have to make sure you are buying a decent amount of BTC to make it worth your money.

[btbrae]

It will probably be a flat fee AND a healthy percent commission. But just guessing.

[gentlemand]

Depends on whether you get the market rate. Dunno what market they'll be using.

£10 worth is gonna sting. 30-50 and above and it's probably less than the average localbitcoin premium for cash and a whole lot less sketchy.

[guybrushthreepwood]

It will probably be a flat fee AND a healthy percent commission. But just guessing.

Maybe, although you would've thought they'd have said if this was the case.

I wonder if they'll be advertising this any where? I can't imagine it being popular or getting much publicity if they dont.

[gentlemand]

It's certainly going to cause some head scratching for the average person buying some fags and booze if there are Bitcoin leaflets everywhere.

I wonder how they plan to educate people, or maybe they'll let folks discover it for themselves. It'll be very intriguing to see the figures for the first few months.

[BitChick]

I'm wondering too. No mention of extra details so far. Their markup may be brutal. We'll have to see.

You just said £3.95 flat fee? That's pretty good if you're buying 1BTC but not so much if you just want to buy £10's worth.

Maybe this will boost the price even more?  People will be investing more than they would otherwise because it is a "deal" to buy more at once?

This is great news though.  This just open more doors to adoption for sure.

[guybrushthreepwood]

It's certainly going to cause some head scratching for the average person buying some fags and booze if there are Bitcoin leaflets everywhere.

I wonder how they plan to educate people, or maybe they'll let folks discover it for themselves. It'll be very intriguing to see the figures for the first few months.

I doubt no one will notice. I've never heard or seen any signs for these zip-zap places anywhere and apparently they're all over.

[Sutters Mill]

This is potentially really big news. I imagine it will be places like Beareu De Changes that will have the ZipZap sticker on the window. Just probably never noticed. There'll be one nearby either way I'm sure. Easy for ordinary people to go buy Bitcoin. Demand might go up a lot from this.

[gentlemand]

You could well be right for now. I didn't know my local shop was a Zipzap location until I looked on that map.

It does remove an enormous barrier though. Most people getting interested in the idea in the UK at the moment are going to be instantly turned off when it comes to actually trying to obtain any. With this it just requires a trip down the shop.

The next barrier will be wallets. Their site directs you to blockchain.info but there needs to be a clear explanation on their own page. The blockchain.info wallet page isn't exactly welcoming to a total newbie.

Still, pretty groundbreaking stuff.

[FlappySocks]

There are 7 outlets in walking distance to me.  Seems expensive, although they dont have any competition.

I wonder what sort of marketing they are going to do.

[FandangledGizmo]

This is great news.
How many people have asked you Bitcoin? What's Bitcoin? Where do you buy it? How do you buy it?

Now you just say 'yeah just pop up to that shop at the top of the street and they'll sort you out'

This is also great news if there's any banking problems,

A) people will learn real quick what bitcoin is and be able to easily purchase it
B) these 28000 merchants will be more familiar with & be able to switch to accepting Bitcoin too

[LiteCoinGuy]

great, finally its coming!

[FlappySocks]

The biggest thing for me, is it gives Bitcoins legitimacy in the UK.  If my bank manager questions why I am selling bitcoin miners, I can point to the fact I can walk into my local corner shop, and buy bitcoins.

[Stinky_Pete]

What about selling Bitcoins? This seems to be a major barrier.